Commercial Sale · Industrial
405 N Charles St, Daytona FL 32114, DAYTONA, FL, 32114
Active112 days on marketListed Apr 27, 2026MLS #A12008277
About this property
The property at a glance
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.
37,125
Building sq ft
$110
Price / sq ft
150,265
Lot sq ft
Industrial
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$22,355/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Cindy to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
36,984
Population
$39,906
Median income
32.2
Median age
2.1
Avg household
$174,900
Median home value
$1,171/mo
Median rent
3,080
Households w/ kids
Recent sales
What actually sold near 405 N Charles St
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$570,000
179 CARSWELL AVENUE
5,400 sqft · $106/sqft · Sold Oct 3, 2025
$250,000
1871 S RIDGEWOOD AVENUE
Sold Oct 27, 2025
$140,000
2043 S ATLANTIC AVENUE
Sold Jun 15, 2026
Your team
The pros in your corner
Your agent
Cindy Fernandez
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 405 N Charles St — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 405 N Charles St.
See it in person
Schedule a tour
Live availability from Cindy's calendar — pick a time and it's booked.
Listing courtesy of APEX Capital Realty LLC · Jason Abitbol. MLS #A12008277.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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