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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$3,450,000
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25,094 SqFt
Price Dropped by $340K

955 Foster WAY Daytona Beach, FL 32119

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Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 25,094 sqft

Price per Sqft $137

MLS Listing ID 1210084

Year Built 2008

Annual Tax Amount $27,576

Acres 0.57

Property Sub-Type Office

Source Daytona Beach Area Association of REALTORS®

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 7% 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

Area 25 - Daytona S Of Beville, E Of Nova

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

Region Daytona Beach

City Region Daytona Beach

Exterior

Parking Features Parking Lot

View Y/N No

Road Frontage City Street

Building

Lot Description Other

Sewer Public Sewer

Water Public

Others

Tax ID 5341-12-00-0030

Ownership Mirza Nasim


Listed by Kayla Williams • Realty Pros Commercial

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agent

Todd Mican

Agent | License ID: FL #3557205, OR #201259311

+1(541) 530-5743

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955 Foster WAY