405 N Charles Street, Daytona Beach, FL 32114
Listing Snapshot
| List Price | $4,100,000 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 0 sqft |
| Lot Size | 3.45 acres |
| MLS # | 1158578057 |
| Status | Active |
| Days on Market | 38 |
About This Home
Value-add multi-bay industrial asset in the heart of Daytona Beach. This 37,125 SF warehouse sits on a 3.45-acre lot with direct frontage along George W Engram Blvd/Fairview Ave, offering excellent access to key commercial corridors. The property features five bays, nine grade-level loading doors, 16’ clear heights, and approximately 10% office buildout. Currently 82% occupied with four tenants, the asset generates approximately $221,000 in NOI with significant upside potential. Multiple tenants are below market rents, with three leases rolling within 12 months, creating a clear path to increase income. Projected stabilization at ~$11.50/SF NNN supports a 10.59% cap rate, offering strong returns in a high-demand industrial market.
General Features
- Property Type
- CommercialSale
- Sub-type
- Industrial
Interior Features
Exterior Features
Community Features
- MLS Area
- 5940 - Other Florida County
Map
Virtual Tour
View Virtual TourMLS# 1158578057 · BEACH
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Estimate Your Payment
20% down · Loan: $3,280,000
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.