37,125 sqft

$4,100,000

405 N Charles St, Daytona FL, 32114

Price per sqft$110.44

Property size37,125 sqft

Property typeCommercial

Overview

Active

Listed Apr 27, 2026

Updated Aug 27

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.

Additional information

MLS^® ID: A12008277

Interior Features

Basement: No

Exterior Features

Lot Size: 3.45 Acres

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated 3:16 AM UTC, 8/27/2026.

Listed by: APEX Capital Realty LLC, 305-570-2600