618 N Wild Olive Ave W Daytona Beach, FL 32118
Property profile & analytics
618 N Wild Olive Ave W Daytona Beach, FL 32118
- Investment properties
- 2,484 SF
- 0.26 lot acres
Property ID
US18-5079087
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- I Owe Taxes / Consultant
- Conley Dennis L CPA / Accounting Firm / Tax Preparation
- Conley Kim / Real Estate Agency
Property Details for 618 N Wild Olive Ave W
- Year built
- 1966
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.26 lot acres
- Property size
- 2,484 SF
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 5305-01-35-0120
- APU
- 530501350120
Description
This exceptional 2,484 square foot commercial property, located at 618 W Wild Olive Avenue in Daytona Beach, Florida, presents a unique investment opportunity. Built in 1966, this versatile space is ideally suited for a variety of uses, including executive offices, adult or child care facilities, art galleries, retail shops, martial arts studios, personal service businesses, or senior centers. The property's zoning allows for a broad range of businesses, making it an attractive option for entrepreneurs and established businesses alike. Its prime location offers unparalleled convenience, situated near banks and restaurants, and just two blocks from the ocean and the heart of Daytona Beach's vibrant tourist area. The asking price is $499,999, and owner financing and lease option buy arrangements are available, making this an accessible and potentially lucrative investment. The property is classified as both retail and office space, offering flexibility for diverse business needs. While the lot size is not specified, the building itself provides ample space for a variety of commercial ventures. This is a rare opportunity to own a thriving business space in a high-traffic, desirable location. Don't miss out on this chance to establish your business in the heart of Daytona Beach.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $510,000
- 6.5%
- $470,000
- 7%
- $440,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $601,000
- AI Estimate
- $517,000
Market price range: $252k - $750kMarket price range: $188k - $637k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $450,000 Current use
- WAREHOUSE, STORAGE
- $740,000 Change: +65% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $615,000 Change: +38% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $525,000 Change: +17% Conversion: Difficult
- MEDICAL BUILDING
- $485,000 Change: +8% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.0145
- Latitude
- 29.2356
- CBSA code
- 19660
- CBSA name
- DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,426
$50,400
$196,475
$246,875
-
$50,400
$196,475
$246,875
