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1018 Cutters Way 8,331 sq ft Light Industrial Property Daytona Beach, FL 32119 £584,877 (£70.20/sq ft) 11% Net Initial Yield

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INVESTMENT HIGHLIGHTS

  • 16 UNITS
  • Cabinet Shop
  • 2 APARTMENTS

EXECUTIVE SUMMARY

Storage Facility. {16 units} with 2 apartments 1 efficiency, 1 - 3 bedroom. Fully remodeled , Granite, New appliances , New AC, New Water Heaters, Metal Roof, New Bathrooms (exterior) and a Cabinet Making Shop. Owner will finance. Permanent tenant. ZONING BHC Business Heavy Commercial.
$7650 + / month income at full capacity.
***TURN KEY OPERATION WITH OWNER FINANCING!***

ATTACHMENTS

Sec. 5.4. - Application of district regulations. _ Land Development Code _ South Daytona, FL _ Municode Library

FINANCIAL SUMMARY (ACTUAL - 2023)

ANNUAL ANNUAL PER sq ft
Gross Rental Income £71,074 £8.53
Other Income - -
Vacancy Loss - -
Effective Gross Income £71,074 £8.53
Taxes - -
Operating Expenses - -
Total Expenses £3,998 £0.48
Net Operating Income £67,076 £8.05

FINANCIAL SUMMARY (ACTUAL - 2023)

Gross Rental Income
Annual £71,074
Annual Per sq ft £8.53
Other Income
Annual -
Annual Per sq ft -
Vacancy Loss
Annual -
Annual Per sq ft -
Effective Gross Income
Annual £71,074
Annual Per sq ft £8.53
Taxes
Annual -
Annual Per sq ft -
Operating Expenses
Annual -
Annual Per sq ft -
Total Expenses
Annual £3,998
Annual Per sq ft £0.48
Net Operating Income
Annual £67,076
Annual Per sq ft £8.05

PROPERTY FACTS

Price £584,877 Total Plot Size 0.23 ac
Price per sq ft £70.20 Net Internal Area (NIA) 8,331 sq ft
Sale Type Investment No. Floors 2
Yield 11% Year Built 1977
Property Type Light Industrial Tenancy Single
Property Subtype
Light Manufacturing
  • Industrial Warehouse
  • Industrial - Service
 Parking Allocation 2.4/1,000 sq ft
Costar Property Class C No. Drive In / Grade-Level Doors 14
Use Class BHC - BHC - Business Heavy Commercial. Storage Facility, Auto Shop, Offices, Cabinet Shop...See attachments for complete list of uses
Price £584,877
Price per sq ft £70.20
Sale Type Investment
Yield 11%
Property Type Light Industrial
Property Subtype
Light Manufacturing
  • Industrial Warehouse
  • Industrial - Service
Costar Property Class C
Total Plot Size 0.23 ac
Net Internal Area (NIA) 8,331 sq ft
No. Floors 2
Year Built 1977
Tenancy Single
Parking Allocation 2.4/1,000 sq ft
No. Drive In / Grade-Level Doors 14
Use Class BHC - BHC - Business Heavy Commercial. Storage Facility, Auto Shop, Offices, Cabinet Shop...See attachments for complete list of uses

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

LINKS

1 1

PROPERTY TAXES

Parcel Number 5344-16-00-1385 Improvements Assessment £205,460 (2025)
Land Assessment £31,717 (2025) Total Assessment £237,177 (2025)

PROPERTY TAXES

Parcel Number
5344-16-00-1385
Land Assessment
£31,717 (2025)
Improvements Assessment
£205,460 (2025)
Total Assessment
£237,177 (2025)
(386) 401-1000

Still interested?

Contact the agent for more information about this property

CONTACT

  • Ray Joy
    Ray Joy
  • Ray Joy Realty LLC

  • Listing ID: 32896450

  • Date on Market: 20/08/2024

  • Last Updated:

  • Address: 1018 Cutters Way, Daytona Beach, FL 32119

The Greater Daytona Light Industrial Property at 1018 Cutters Way, Daytona Beach, FL 32119 is currently available. Contact Ray Joy Realty LLC for more information.

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1018 Cutters Way
(386) 401-1000 x

1018 Cutters Way

Ray Joy
(386) 401-1000

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