For Sale
$4,950,000

510 Ballough RdDaytona Beach, FL 32114

Prime location, redevelopment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity encompasses seven parcels totaling $4,950,000, strategically located in Daytona Beach, Florida's vibrant Daytona Design District, adjacent to Beach Street. Two parcels feature existing buildings, classified as warehouse and executive office space, while the remaining five are vacant land, presenting significant development potential. The property is being sold "as is" and offers a unique chance to capitalize on the ongoing transformation of this area. Situated within the Downtown Ballough Road Redevelopment Area Plan, this assemblage is eligible for city grant opportunities, further enhancing its investment appeal. The combined property includes parcel IDs: 533842000070, 533825010070, 533825030050, 533825030070, 533842000150, 533842000140, and 533842000130. This presents a rare chance to acquire a substantial land holding in a rapidly developing area, ideal for both short-term and long-term investment strategies. The property's mixed-use zoning allows for diverse development options, catering to a wide range of commercial and potentially residential uses. The 1947-built structures on two of the parcels offer immediate income potential or redevelopment opportunities. This assemblage is perfect for developers, investors, or businesses seeking a strategic foothold in a rapidly growing Florida market. All seven parcels are being sold together. The property is located at 510 Ballough Road, Daytona Beach, FL 32114.

Property Details for 510 Ballough Rd

Property type
Warehouses, Retail properties
Year Built
1947

Location Insight

City
Daytona Beach
County
Volusia
State
Florida
Latitude
29.2219467
Longitude
-81.0228061
510 Ballough Rd, Daytona Beach, Florida

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510 Ballough Rd
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