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Property profile & analytics
FOR SALE
Medical Office Space

905 Beville Rd South Daytona, FL 32119

2,511 SF 0.97 ac lot Built 1951
Individually Owned 25-yr Hold ~ Est. High Equity
Property ID
US18-2367710
Property summary
AI-generated overview

This exceptional commercial property, located at 905 Beville Road in South Daytona, Florida, presents a unique investment opportunity. The 2,511 square foot building sits on a large corner lot at the intersection of Beville Road and Magnolia Avenue, offering excellent visibility and accessibility. Previously occupied for 34 years by a healthcare provider, the building features two entrances, two waiting areas, seven exam rooms, three reception areas, two additional offices, and four bathrooms. While some interior upgrades may be desired, the property boasts significant potential for various commercial uses. The ample parking accommodates 16 vehicles. Built in 1951 (with renovations possibly in 1992), this property offers a solid foundation for a new business or expansion. A key advantage is the availability of an adjacent lot exceeding one acre, located on Magnolia Avenue, providing significant expansion possibilities. The property's location in Volusia County, Florida, zip code 32119, offers convenient access to local amenities and transportation routes. This is a rare opportunity to acquire a well-situated commercial property with substantial upside potential. The asking price is $700,000.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1951
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,511 SF
Lot 0.97 ac (42,200 SF)
Zoning code BP
APN 5344-16-00-1170
UPID US18-2367710
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Aziz R Khan
Aziz R Khan
1 recorded transaction
1969
Price N/A
Zoning & alternative use
BP · South Daytona, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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