700 Beville Rd Daytona Beach, FL 32114-5924
This exceptional 8,300 square foot storefront, formerly an assisted living facility, presents a unique redevelopment opportunity in Daytona Beach, Florida. Located on Beville Road, a high-traffic corridor boasting over 34,000 vehicles daily, this property benefits from its proximity to major retailers like Key Foods, Planet Fitness, Aldi, and Family Dollar. The strong retail environment is complemented by a high barrier to entry market, ensuring long-term investment potential. The property's strategic location is further enhanced by its proximity to Daytona State College (within 3 miles, with over 11,000 students), a robust demographic base (over 71,000 people within a 3-mile radius and over 5,000 households within 1 mile), and the significant tourism draw of Daytona International Speedway and NASCAR headquarters (over 10 million annual visitors). Adding to its appeal, the property sits adjacent to the Daytona Beach Golf & Country Club, a prominent 36-hole golf course. The 0.99-acre lot offers ample space for redevelopment, making this a compelling investment opportunity priced at $1,499,000 ($180.60/sq ft). The property is currently 100% occupied. This prime location and strong surrounding demographics make this an ideal owner/user investment. The high visibility and substantial traffic volume on Beville Road ensure excellent exposure for any future business.
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Compassion In Healthcare Nursing Home Retirement Community
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R1B · Daytona Beach, FLDaytona Beach. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.