This exceptional investment opportunity presents a fully approved RV and boat storage facility in Daytona Beach, Florida. Situated on a substantial 18.5-acre lot (APN 521000000023) at 1010 North Clyde Morris Blvd, 32117, this property boasts two existing buildings totaling 34,201 square feet of storage space. Building 1 offers 13,541 square feet (60' deep x 225', 16 bays), while Building 2 provides 20,760 square feet (60' deep x 345', 26 bays). The site also includes ample outdoor parking for 72 boats and RVs, along with 42 covered parking spaces and 9 spaces designated for customer parking. The property is zoned PD and has received all necessary approvals from the Daytona Beach City Commission and the St. Johns River Water Management District (SJRWMD). The land value is assessed at $145,946 per acre, reflecting a strong return on investment. While the project requires 0.17 mitigation credits (estimated cost: $20,400), the existing infrastructure and high demand for RV and boat storage in the area make this a compelling opportunity for immediate revenue generation. The asking price for this turnkey operation is $2,700,000.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$184,933,936
Hospitality
$169,398,496
Educational
$140,937,552
Medical
$145,784,608
Retail
$219,236,192
Location Insight
City
Daytona Beach
County
Volusia
State
Florida
Latitude
29.2165
Longitude
-81.0815
CBSA code
19660
CBSA name
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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