2595 International Speedway BlvdDaytona Beach, FL 32114

Property Details for 2595 International Speedway Blvd

Year built

1983

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.61 AC

Property size (Sq ft)

8,110 SF

Zone code

T5

Property type

Retail properties

Property subtype

Retail space

APN

5227-00-00-0200

APU

522700000200

Description

This exceptional 8,110 square foot medical office building, located at 2595 W International Speedway Blvd in Daytona Beach, Florida, presents a unique investment opportunity. Built in 1983 and extensively renovated in 2022, the property boasts a single-tenant occupancy configuration, offering 8,110 square feet of completely vacant space ready for immediate lease. Situated on a generous 1.6-acre lot, the building provides ample parking with a ratio of 9.86 spaces per 1,000 square feet. The property's prime location in Daytona Beach, Florida, zip code 32114, offers excellent visibility and accessibility. The building's recent renovation ensures modern, efficient, and attractive space for medical practices. The property is classified as an office building with a medical office subtype, making it ideal for a variety of healthcare providers. This is a rare opportunity to acquire a fully renovated, single-tenant medical office building in a desirable location. The property is currently available for lease. The building's size and ample parking make it suitable for a large medical practice or a multi-specialty clinic. The 2022 renovation ensures modern amenities and systems are in place. Interested parties should inquire for lease terms and conditions.

• CAP approach

  CAP return

  Valuation

  6%

  $2,029,319

  6.5%

  $1,873,218

  7%

  $1,739,416

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,281,405

  Geo Method

  $2,281,405

• Alternative Use

  Use

  Valuation

  Residential

  $1,580,129

  Hospitality

  $1,447,390

  Educational

  $1,204,211

  Medical

  $1,245,626

  Retail

  $1,873,218

Location Insight

City

Daytona Beach

County

Volusia

State

Florida

Latitude

29.176

Longitude

-81.0813

CBSA code

19660

CBSA name

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

Property Tax & Assessments

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