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Pinnacle Real Estate Group – FL

405 N Charles Street, Daytona Beach, FL 32114 (MLS# A12008277)

405 N Charles Street, Daytona Beach, FL 32114

$4,100,000
Property Type: Commercial Sale Square Footage: 37,125 Status: Active
Current Price: $4,100,000 List Date: 7/30/2026 Last Modified: 8/26/2026

Overview

Description

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.

Listing Details MLS# A12008277

General Property Information

Property Sub Type
Industrial
Occupant Type
Call Listing Agent
Building Area Main
37125
Lot Size Area
150265
Lot Size Acres
3.45

Property Features

Structure Type: Industrial; Warehouse

Contract Information

Comp Sale YN
No
Original List Price
4100000

Location and Legal

Country
United States
County Or Parish
Volusia
County Parish Name
Volusia
Street Number
405
Street Direction Prefix
N
Street Name
Charles
Street Suffix
Street
City Name
Daytona Beach
Municipal Code
53
State Or Province
FL
Postal Code
32114
Area
5940 - Other Florida County
Parcel Number
533820030171
Subdivision Number
3

Status Change Information

Major Change Timestamp
2026-07-30T18:27:45Z
Major Change Type
Back on Market
Status Change Date
2026-07-30

Price Calculations

Current Price To SqFt
110.43

More Information

Section Details

Parcel Number MLX
0171

Originating Details

Originating System Key
459672054
Originating System ID
M00000151
IDX
Listing Office: APEX Capital Realty LLC
Last Updated: August - 26 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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