905 Beville RdSouth Daytona, FL 32119

Property Details for 905 Beville Rd

Year built

1951

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.97 AC

Property size (Sq ft)

2,511 SF

Zone code

BP

Property type

Healthcare properties

Property subtype

Medical offices

APN

5344-16-00-1170

APU

534416001170

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $527,358

  6.5%

  $486,792

  7%

  $452,022

• Comparable approach

  Method

  Valuation

  Relative Method

  $370,690

  Geo Method

  $280,303

• Alternative Use

  Use

  Valuation

  Residential

  $603,623

  Hospitality

  $552,915

  Educational

  $460,019

  Medical

  $475,840

  Retail

  $715,585

Location Insight

City

South Daytona

County

Volusia

State

Florida

Latitude

29.1769

Longitude

-81.0235

CBSA code

19660

CBSA name

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

Property Tax & Assessments

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