405 N Charles Street
Daytona Beach, FL 32114
MLS # A12008277· Active IDX
$4,100,000
- Bathrooms
- 0
- Living area
- 37,125 sq ft
- Lot size
- 3.45 acres
- Type
- Industrial
- Days on market
- 170
About this home
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.
Details
| MLS # | A12008277 |
|---|---|
| Status | Active |
| County | Volusia |
| ZIP | 32114 |
Listing courtesy of APEX Capital Realty LLC, Jason Joseph Abitbol. Last updated Aug 26, 2026, 6:55 PM ET.
Request a showing
Mention MLS # A12008277 (405 N Charles Street) and when you would like to visit. A licensed real-estate professional will contact you.
Licensed brokerage
Premier Real Estate Group Inc
Broker of record Maxim Bohadana, Florida broker license BK3314523
(954) 703-4504The data relating to real estate for sale on this website comes in part from the IDX Program of BeachesMLS, Inc. Information is deemed reliable but not guaranteed. Listings held by brokerages other than Premier Real Estate Group Inc are marked with the IDX logo and detailed information about them includes the name of the listing broker. Last updated Aug 26, 2026, 6:55 PM ET.