225 Atlantic AveDaytona Beach, FL 32118
- Retail properties
- 3,052 SF
Property Details for 225 Atlantic Ave
- Year built
- 1985
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.58 AC
- Property size (Sq ft)
- 3,052 SF
- Property type
- Retail properties
- Property subtype
- Drive through restaurants
- APN
- 5304-02-09-0150
- APU
- 530402090150
Description
This exceptional 3,052 square foot freestanding building presents a unique opportunity for a variety of businesses. Situated on a 0.58-acre lot at 225 North Atlantic Avenue in Daytona Beach, Florida, this property boasts a convenient drive-thru, ideal for quick-service restaurants or similar operations. The single-story building is zoned RDB-5, allowing for a wide range of uses including restaurants, retail sales and service establishments, and pharmacies. Ample parking is available with 20 spaces provided on-site. The property's location in Volusia County, Florida, offers excellent visibility and accessibility, ensuring high traffic volume and potential for significant customer reach. The parcel number is 5304022090150. This is a single-tenancy building offering a substantial space for a business seeking a prominent location in a thriving area. The property's versatility and prime location make it an attractive investment for businesses seeking to establish or expand their presence in Daytona Beach. This is a rare opportunity to secure a well-positioned, freestanding building with a drive-thru in a high-demand area.
Valuation
by PT Realty methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $941,949
- 6.5%
- $869,491
- 7%
- $807,385
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,134,959
- Geo Method
- $858,551
-
Alternative Use
- Use
- Valuation
- Residential
- $733,448
- Hospitality
- $671,835
- Educational
- $558,959
- Medical
- $578,182
- Retail
- $869,491
Location Insight
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Latitude
- 29.2308
- Longitude
- -81.0105
- 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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