865 Orange Ave - Warehouse FOR SALE


Daytona Beach, FL 32114- Daytona Gardens
$799,000 USD
386-852-7932
865 Orange Ave, Daytona Beach, FL for Sale
$799,000 USD
Warehouse - FOR SALE
1/43
null | 8.56% Cap Rate

865 Orange Ave
Daytona Beach, FL 32114
Daytona Gardens


HIGHLIGHTS

  • Multiple Buildings
  • Manager On site
  • 97% Occupied

OVERVIEW

Value-Add Investment Property – Strong Cash Flow with Upside Potential This is a solid Value-Add opportunity consisting of a collection of cash-flowing buildings. The current ownership has strategically allowed leases to expire or move to month-to-month, giving a new owner maximum flexibility for rent adjustments and repositioning. These are older, well-maintained buildings overseen by an on-site property manager who lives in one of the units. All necessary maintenance has been handled promptly, and there is no deferred maintenance anticipated in the near future. The mechanical systems and structural integrity are in good shape. Key Highlights: • Below Market Rents: All units are currently rented below market, presenting a strong upside for a new owner through gradual rent increases. • Stable Tenancy: Tenants are unlikely to move over modest rent increases (e.g., $50/month). • Live-in Property Manager: The manager has lived rent-free for 20 years. This unit could easily generate $1,000–$1,500/month if monetized, depending on whether the tenant is retained. • Out-of-State Ownership: The current owners have kept things simple due to remote management. A hands-on buyer could unlock further value. • Turnkey with Cash Flow: While this isn’t a flashy asset, it’s a dependable earner with room to grow. Financial Summary: • Ideal for 1031 Exchange • Cash Buyers Only – No Owner Financing • Estimated Return: 8%+ Annual Cash-on-Cash This offering is best suited for investors looking to park capital for stable returns, or those seeking a light value-add project with minimal risk and strong fundamentals. ________________________________________ Reach out with any questions or to schedule a walkthrough. We’re motivated to make a deal happen.

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$57 USD /SF

CAP RATE

8.56%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

VALUE ADD -Warehouse,Retail & Office

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

UTILITIES

Lighting, Water

CLEAR CEILING HT

10 Ft

DOCKS

-

DRIVE INS

8

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.86

LAND SF

37,462

ZONING

RDM-5

APN/PARCEL ID

5239-03-09-0040

ASK ABOUT THIS PROPERTY

Dan Lyonnais, CCIMAdams Cameron & Co., Realtors-Commercial DivisionMore Info
386-852-7932

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Dan Lyonnais, CCIMAdams Cameron & Co., Realtors-Commercial DivisionMore Info
386-852-7932

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.