About 405 N Charles Street
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.
Features of 405 N Charles Street
| MLS® # | A12008277 |
|---|---|
| USD | $4,100,000 |
| CAD | $5,769,561 |
| CNY | 元27,463,440 |
| EUR | €3,586,479 |
| GBP | £3,077,034 |
| RUB | ₽345,393,430 |
| Acres | 3.45 |
| Type | Residential |
| Sub-Type | Industrial |
| Status | Active |
| HOPA | No Hopa |
Community Information
| Address | 405 N Charles Street |
|---|---|
| Area | 5940 - Other Florida County |
| City | Daytona Beach |
| County | Volusia |
| State | FL |
| Zip Code | 32114 |
Amenities
| Guest House | No |
|---|
Additional Information
| Date Listed | July 30th, 2026 |
|---|---|
| Days on Market | 54 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Parcel ID | 533820030171 |
Listing Details
| Office | APEX Capital Realty LLC |
|---|---|
| jason@apexcapitalrealty.com |