±16,258 SF two-story, multi-tenant office building on ±0.98 AC, built 1987
Offered at $4,995,000 — about $307 per square foot; 7.60% cap rate on $379,620 of net operating income as marketed
35% leased, with the ±10,566 SF second floor available for an owner-user’s own occupancy
Owner financing available to an approved buyer
Direct frontage and signage on International Speedway Boulevard between Clyde Morris Boulevard and Nova Road; about 3.5 miles from I-95 and under two miles from Daytona Beach International Airport; 64 surface parking spaces; high-speed fiber to the building
Zoning RDM-3 and an Opportunity Zone location as marketed — confirm both with the City of Daytona Beach before relying on them
Executive summary
1020 W International Speedway Blvd is a ±16,258-square-foot, two-story office building on ±0.98 acres along Daytona Beach’s principal commercial corridor, offered for sale at $4,995,000 — about $307 per square foot. The building is multi-tenant and 35% leased, with the ±10,566-square-foot second floor available; the marketed net operating income of $379,620 corresponds to a 7.60% cap rate on the asking price. The owner will consider financing an approved buyer. Owner to confirm before publishing: the rent roll and lease expirations behind the NOI, the scheduled exterior painting and landscaping, and the Opportunity Zone status.
A building of this size and occupancy is usually evaluated two ways: by an owner-user that would occupy the second floor and let the ground-floor tenants carry part of the cost, and by an investor underwriting the lease-up of the vacant space against in-place income. Either way the decision turns on the rent roll, the condition of the systems and the cost to finish the vacant floor, which we document in the offering memorandum rather than assume.
The offering memorandum collects the rent roll, operating history, survey, floor plans and property-record card, together with the zoning verification, as the owner supplies them. Showings are by appointment with a principal, and offers are reviewed with the owner as they arrive.
Key facts
Key facts for 1020 W International Speedway Blvd
Property type
Office · multi-tenant, two stories
Building size
±16,258 SF (typical floor ±8,129 SF)
Year built
1987
Lot size
±0.98 AC
Price
$4,995,000
Price per SF
$307 (rounded, on building area)
Cap rate / NOI
7.60% on $379,620, as marketed
Occupancy
35% leased; ±10,566 SF second floor available
Parking
64 surface spaces
Zoning
RDM-3 as marketed — confirm with the City of Daytona Beach
Future land use
Confirm — City of Daytona Beach comprehensive plan
Parcel ID
5339-02-57-0121 (Volusia County Property Appraiser)
Utilities
Municipal water, sewer and power; high-speed fiber to the building
Frontage / access
Frontage and signage on W International Speedway Blvd — confirm curb cuts
Traffic counts
FDOT AADT, with the count year
County / municipality
Volusia County · Daytona Beach
Location
1020 W International Speedway Blvd, Daytona Beach, FL 32114 · Volusia County
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City of Daytona Beach: 88,144 residents (April 2025), +23.3% since 2020.Source: same BEBR 2025 estimates, city table
Documents
Property flyer (PDF)— upload documents/1020-w-isb-flyer.pdf and link it hereAsk for the flyer →
Offering memorandum— available on request; rent roll, operating history, survey, plans and property records as supplied by the ownerRequest the OM →
Information regarding this property — including size, acreage, zoning, land use, utilities, access, traffic counts, income and expenses — has been obtained from sources believed reliable but has not been independently verified and is not guaranteed by Oceans Commercial, the Lifestyle Group team or the owner. Square footage and acreage are approximate (±). All information is subject to errors, omissions, change of price or terms, prior sale or withdrawal without notice. Any projections, opinions or estimates are for illustration only and do not represent current or future performance. Buyers should conduct their own independent investigation and consult their own legal, tax, environmental, engineering and financial advisors.
