2455 International Speedway BlvdDaytona Beach, FL 32114

  • Community centers
  • 4,960 SF

Property Details for 2455 International Speedway Blvd

Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
21.60 AC
Property size (Sq ft)
4,960 SF
Property type
Community centers
APN
5222-11-00-0010
APU
522211000010

Description

Volusia Square, a 193,923 square foot shopping center in Daytona Beach, Florida, offers exceptional retail opportunities. Three suites are currently available, ranging from 1,600 to 3,920 contiguous square feet, with a total of 5,520 square feet of vacant space. The center boasts excellent visibility and accessibility on West International Speedway Boulevard, benefiting from high traffic volume exceeding 8 million visitors annually. Anchored by Home Depot and Ollie's Bargain Outlet, Volusia Square enjoys a prime location near Daytona International Speedway, attracting approximately 10.6 million tourists yearly. Its strategic proximity to Embry-Riddle Aeronautical University (10,297 students), Halifax Health Medical Center (678 beds), a new Amazon fulfillment center (1,200 employees), and the future Aura Aero plane manufacturer (1,000 jobs) ensures a robust and growing customer base. The surrounding area has a population of 119,053 within a 5-mile radius, with an average household income of $70,846 within a 1-mile radius. Pylon signage is available for enhanced brand visibility. This property presents a unique investment opportunity in a thriving market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $963,004
    6.5%
    $888,927
    7%
    $825,432
  • Comparable approach

    Method
    Valuation
    Relative Method
    $575,832
    Geo Method
    $575,832
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,730,130
    Mixed-Use / Specialty
    $887,117
    Hospitality / Lodging
    $652,618
    Office
    $883,262
    Institutional / Educational
    $922,729
    Residential Income
    $1,079,590
    Multifamily
    $1,287,270
    Automotive / Energy
    $790,911
    Parking / Income-Based Land
    $271,591
    Restaurant / Food Service
    $464,296
    Healthcare / Senior Housing
    $908,328

Location Insight

City
Daytona Beach
County
Volusia
State
Florida
Latitude
29.1779
Longitude
-81.0783
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
$234,145
$10,089,715
$2,889,711
$12,979,426
-
$10,089,715
$2,889,711
$12,979,426

FAQs

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