599 Beville RdSouth Daytona, FL 32119
- Retail properties
- 2,400 SF
Property Details for 599 Beville Rd
- Year built
- 1972
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.56 AC
- Property size (Sq ft)
- 2,400 SF
- Zone code
- BA
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 5320-00-00-0010
- APU
- 532000000010
Description
This exceptional 2,400-square-foot retail property, located at 599 Beville Road in South Daytona, Florida (zip code 32119), presents a unique investment opportunity. The building, constructed in 1983 and extensively renovated in 2024, boasts a completely new roof, HVAC system, and electrical work. The interior has also undergone a complete renovation, leaving it in a "vanilla shell" condition, ready for immediate occupancy and customization to suit a new tenant or owner-user's specific needs. The property sits on over half an acre and includes ten on-site parking spaces, with multiple access points from Beville Road and Golfview Boulevard. The property is zoned BGC, with a CRA overlay permitting a wide range of retail uses. This single-story building comprises one unit, offering 2,400 square feet of net rentable space. The asking price is $595,000, translating to $247.92 per square foot. The property is currently vacant and offered as a fee-simple ownership. Note: The property is currently enrolled in Florida's Petroleum Restoration Program (PRP)
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $741,133
- 6.5%
- $684,123
- 7%
- $635,257
-
Comparable approach
- Method
- Valuation
- Relative Method
- $893,125
- Geo Method
- $675,138
-
Alternative Use
- Use
- Valuation
- Residential
- $577,083
- Hospitality
- $528,605
- Educational
- $439,793
- Medical
- $454,918
- Retail
- $684,123
Location Insight
- City
- South Daytona
- County
- Volusia
- State
- Florida
- Latitude
- 29.1811
- Longitude
- -81.0132
- CBSA code
- 19660
- CBSA name
- DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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