525 Atlantic AveDaytona Beach, FL 32118

Property Details for 525 Atlantic Ave

Year built

1945

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.06 AC

Property size (Sq ft)

2,275 SF

Property type

Retail properties

Property subtype

Retail space

APN

5305-01-39-0040

APU

530501390040

Description

This exceptional retail property, located at 525 N Atlantic Avenue in Daytona Beach, offers a single-tenant space ideal for a variety of businesses. Currently vacant and easily shown, this property boasts a monthly rent of $3,000 plus triple net. Situated just one block south of Seabreeze Boulevard, it benefits from excellent visibility and convenient access to a nearby parking garage. The building features roll-down hurricane shutters, providing crucial protection during severe weather. While the lot size is not specified, the property's prime location and the potential for diverse uses make it an attractive investment opportunity. The single-suite building presents a straightforward and manageable space for a new tenant. The property's convenient location and features make it a highly desirable retail space in a thriving area. The absence of a specified lot size does not detract from the property's strong potential for success. This is a rare opportunity to secure a well-positioned retail space in a high-demand area. The ease of showing and the vacant status allow for immediate occupancy and rapid business commencement. The triple-net lease structure provides a clear and predictable cost structure for the tenant. This property is ready for its next chapter.

• CAP approach

  CAP return

  Valuation

  6%

  $702,078

  6.5%

  $648,072

  7%

  $601,781

• Comparable approach

  Method

  Valuation

  Relative Method

  $845,917

  Geo Method

  $639,975

• Alternative Use

  Use

  Valuation

  Residential

  $546,673

  Hospitality

  $500,749

  Educational

  $416,618

  Medical

  $430,946

  Retail

  $648,072

Location Insight

City

Daytona Beach

County

Volusia

State

Florida

Latitude

29.2347

Longitude

-81.0123

CBSA code

19660

CBSA name

DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].