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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    979 International Speedway Blvd Daytona Beach, FL 32114-3564

    • Banks
    • 1,568 SF
    • 0.57 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-4752995
    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.

    Current Use by Public Records

    • Amscot - The Money Superstore / Loan Agency / Check Cashing Service
    • Western Union / Money Transfer Service

    Property Details for 979 International Speedway Blvd

    Year built
    1967
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.57 lot acres
    Property size
    1,568 SF
    Zone code
    BA
    Property type
    Banks
    APN
    5239-05-23-0020
    APU
    523905230020

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Daytona Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.0393
    Latitude
    29.2033
    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
    $7,645
    $338,179
    $88,245
    $426,424
    -
    $338,179
    $88,245
    $426,424

    Comparable in this City

    • Value Estimation by Request
      10,543 SF

      1030 International Speedway Blvd

      FINANCIAL BUILDING • 10,543 SF
      1030 International Speedway Blvd, Daytona Beach, FL 32114-3446
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    • Value Estimation by Request
      3,252 SF

      1300 Beville Rd

      FINANCIAL BUILDING • 3,252 SF
      1300 Beville Rd, Daytona Beach, FL 32114-5719
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    • Value Estimation by Request
      4,821 SF

      1550 Clyde Morris Blvd

      FINANCIAL BUILDING • 4,821 SF
      1550 Clyde Morris Blvd, Daytona Beach, FL 32114-5783
      View Details
    • Value Estimation by Request
      3,824 SF

      1302 International Speedway Blvd

      FINANCIAL BUILDING • 3,824 SF
      1302 International Speedway Blvd, Daytona Beach, FL 32114-1440
      View Details
    • Value Estimation by Request
      3,213 SF

      1537 Nova Rd

      FINANCIAL BUILDING • 3,213 SF
      1537 Nova Rd, Daytona Beach, FL 32114-5887
      View Details
    • Value Estimation by Request
      4,173 SF

      200 Palmetto Ave

      FINANCIAL BUILDING • 4,173 SF
      200 Palmetto Ave, Daytona Beach, FL 32114-4314
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,348 SF

      Former Bank Branch For Sale

      Former bank branch with drive-thru lanes on a visible corner.
      1590 S Nova Rd, Daytona Beach, FL 32114
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    • $375,000

      Retail Property on International Speedway

      Retail property with high visibility and income potential.
      747 W International Speedway Blvd, Daytona Beach, FL 32114
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    • $2,588,071
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      Daytona Beach Curaleaf Pharmacy

      High-yield, NNN-leased pharmacy; strong tenant.
      910 International Speedway Blvd, Daytona Beach, FL 32114
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    • $1,000,000
      3,800 SF

      Daytona Beach Retail Investment

      High-traffic location, 3,800 SF storefront
      909 International Speedway Blvd, Daytona Beach, FL 32114
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      20,839 SF

      Retail/Office Center on Speedway Boulevard

      Retail/Office center with high visibility and ample parking.
      1173 W International Speedway Blvd, Daytona Beach, FL 32114
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    • $950,000
      6,300 SF

      Daytona Beach Retail/Warehouse Building

      Renovated retail and warehouse space with high visibility.
      719 N Ridgewood Ave, Daytona Beach, FL 32114
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    Similar Nearby for Lease

    • Contact for pricing
      1,575 SF

      Retail Space Near Daytona Speedway

      Retail space available in regional shopping destination near Daytona Speedway.
      2500 W International Speedway Blvd, Daytona Beach, FL 32114
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    • $2,000 /Mo
      830 SF

      Downtown Daytona Beach Commercial Space

      Shell space ready for customization in a prime downtown location.
      128 S Beach St, Daytona Beach, FL 32114
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    • Contact for pricing
      3,500 SF

      Daytona Beach Retail Space Available

      Retail and restaurant spaces available in new shopping center.
      1587 N Williamson Blvd, Daytona Beach, FL 32114
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    • $9 SF/Yr
      1,700 SF

      Retail and Warehouse Space Available

      Retail and warehouse spaces for rent near Daytona International Speedway.
      100-292 N Nova Rd, Daytona Beach, FL 32114
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    • Contact for pricing
      39,872 SF

      Halifax Harbor Plaza: Premier Office Space

      Daytona Beach waterfront office, retail space available.
      125 Basin St, Daytona Beach, FL 32114
      View Details
    • Contact for pricing

      Retail/Restaurant Space on Speedway Blvd

      Retail or restaurant spaces available for lease on International Speedway.
      918 W International Speedway Blvd, Daytona Beach, FL 32114
      View Details

    Property Visit Statistics

    • Visits by month
      27.3k
    • Visitors by month
      25.3k
    • Avg Time on site
      11 min
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    979 International Speedway Blvd
    Daytona Beach, FL 32114-3564
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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