2400 International Speedway BlvdDaytona Beach, FL 32114

  • Retail properties
  • 120,673 SF
For Lease

Property Details for 2400 International Speedway Blvd

Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
14.89 AC
Property size (Sq ft)
120,673 SF
Property type
Retail properties
Property subtype
Community centers
APN
5222-17-00-0010
APU
522217000010

Description

Volusia Marketplace, located at 2400 W International Speedway Blvd in Daytona Beach, Florida (zip code 32114), offers a prime retail opportunity. This 131,361 square foot shopping center boasts a strong tenant mix, anchored by World Market, Big Lots, and JoAnn Fabrics. Currently, there is 50,075 square feet of vacant space available, presenting a unique chance for expansion or new business establishment. The property is classified as a convenience/strip center and shopping center with multiple tenancies. Its excellent visibility and accessibility on West International Speedway Boulevard are key advantages, further enhanced by its proximity to the Daytona International Speedway, just 0.4 miles away. This location in Volusia County provides access to a significant consumer base. The property's size and established tenant base make it an attractive investment for businesses seeking high foot traffic and a strategic location within a thriving retail environment. The available space offers considerable flexibility for various retail concepts. This is an exceptional opportunity to secure a prominent retail presence in a high-traffic area of Daytona Beach.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $30,195,314
    6.5%
    $27,872,598
    7%
    $25,881,698
  • Comparable approach

    Method
    Valuation
    Relative Method
    $33,946,232
    Geo Method
    $33,946,232
  • Alternative Use

    Use
    Valuation
    Residential
    $23,511,580
    Hospitality
    $21,536,480
    Educational
    $17,918,098
    Medical
    $18,534,330
    Retail
    $27,872,598
2400 International Speedway Blvd, Daytona Beach, Florida

Location Insight

City
Daytona Beach
County
Volusia
State
Florida
Latitude
29.1817
Longitude
-81.0816
CBSA code
19660
CBSA name
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$336,172
$7,959,919
$10,755,801
$18,715,720
-
$7,959,919
$10,755,801
$18,715,720

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