Daytona Beach, FL 32119,955 Foster WAY
Daytona Beach, FL 32119,955 Foster WAY
Daytona Beach, FL 32119,955 Foster WAY
Daytona Beach, FL 32119,955 Foster WAY
Daytona Beach, FL 32119,955 Foster WAY
Daytona Beach, FL 32119,955 Foster WAY
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The Locals Group
$ 3,890,000
Est. payment | /mo

25,094 SqFt


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$ 3,890,000
Est. payment | /mo
Save

25,094 SqFt

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 25,094 sqft

Price per Sqft $155

MLS Listing ID 1210084

Originating Board Daytona Beach Area Association of REALTORS®

Year Built 2008

Annual Tax Amount $27,576

Lot Size 0.574 Acres

Lot Dimensions 0.57

Property Sub-Type Office

Property Description

Located at 955 Foster Way (Building 3) within Landmark Business Park, this fully leased 25,000 SF mixed-use facility is home to six diverse tenants, including local, national, and global businesses. The current ownership has made significant improvements, enhancing the property's appeal and ensuring strong tenant retention. Strategically positioned just minutes from the new I-4 and I-95 intersection, the area is experiencing rapid growth with thousands of new multifamily units, single-family homes, and expanding retail and commercial developments. With a 6% cap rate and rental rates poised for market adjustments, this 100% occupied investment property offers a prime opportunity with strong income potential.

Location

State FL

County Volusia

Direction South on Nova Road from International Speedway Blvd. Past Beville Road to Foster Way

Exterior

Parking Features Parking Lot

Building

Lot Description Other

Water Public

Others

Senior Community No

Tax ID 5341-12-00-0030

Listed by Realty Pros Commercial
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955 Foster WAY