$2,400,000

1410 Lpga Boulevard

Daytona Beach FL, 32117

Description

Amazing Investment Property with Huge Upside!!New 12 year lease of 60% of building and 5 year lease on the balance with stable tenants. 2019 CAP Rate: 6.52% - 2023 CAP Rate: 8.18% - Extra buildable lot, too! Daytona Beach is exploding with new development - this property is located just east of the new Jimmy Buffett Latitude Margaritaville Community, New Tomoka Town Center Mall, New Sam's Club and Tangers Outlets.

Details

MLS#1047500
Sub-TypeResale
StatusActive
Year2004
Days On Site417

Features

SQ Feet14,960
Story(s)1

Market Activity 32117

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Area Information

StateFL
CountyVolusia
CityDaytona Beach
Zip Code32117
Area35 - Mason to LPGA E of 95
Listing VS Median (in 32117)
Price:
$2,400,000
low | high
Med:
$155,000
100% of Average
SqFt:
14,960
low | high
Med:
1,129
100% of Average
$ / SqFt:
$160
low | high
Med:
$138
64.172240057072% of Average
On Site:
417
low | high
Med:
50
100% of Average
Listing Updated: 10/21/2019
MLS Number: 1047500
Listing Provided By:
Ronald Frederick  of  Realty Pros Commercial