955 Foster Way, Daytona Beach, FL 32119
$3,450,000
Property Type:
Commercial Sale
Square Footage:
25,094
Lot Size (sq. ft.):
25,017
Status:
Active
Current Price:
$3,450,000
List Date:
2/28/2025
Last Modified:
8/14/2025
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.
More Information MLS# 1210084
General Property Information
Lot Size Acres: 0.5743
Water Body Access YN: No
Waterfront YN: No
Directions: South on Nova Road from International Speedway Blvd. Past Beville Road to Foster Way
Public Remarks: 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.
Building Area Total: 25094
Building Area Source: Assessor
List Price/SqFt: 137.48
Year Built: 2008
Location, Tax, and Legal
Country: US
Parcel Number: 5341-12-00-0030
Tax Annual Amount: 27576
Tax Year: 2024
Tax Legal Description: 41-15-33 UNIT 3 LANDMARK BUSINESS PARK LAND CONDO PER OR 8227 PG 2344
Currently Not Used
Year Built: 2008
Lock Box Type
Call Listing Office: 1
Current Use
Commercial: 1
Medical/Dental: 1
Mixed Use: 1
Office: 1
Retail: 1
Income and Expenses
Net Operating Income: 241899.61
Total Actual Rent: 392377.68
Lot Features
Other: 1
Parking Features
Parking Lot: 1
Road Frontage Type
City Street: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Business Type
Church: 1
Medical: 1
Professional Service: 1
Retail: 1
Location
City: 1
Operating Expense Includes
Accounting: 1
Association: 1
Insurance: 1
Maintenance: 1
Maintenance Grounds: 1
Professional Management: 1
Water/Sewer: 1
Sale Includes
Building & Land: 1
Contract Information
Current Price: $3,450,000
List Price: $3,450,000
Status: Active
Listing Contract Date: 2025-02-26
Property Sub Type: Office
Location Tax and Legal
Street Number: 955
Street Name: Foster
Street Suffix: Way
County: Volusia
State: FL
Postal Code: 32119
MLS Area Major: 25 - Daytona S of Beville, E of Nova
Status Change Information
Major Change Timestamp: 2025-08-11T22:08:43Z
Major Change Type: Price Reduced
Price Change Timestamp: 2025-08-11T22:08:43Z
Property Features
Business Type: Church; Medical; Professional Service; Retail
Current Use: Commercial; Medical/Dental; Mixed Use; Office; Retail
Lock Box Type: Call Listing Office
Lot Features: Other
Operating Expense Includes: Accounting; Association; Insurance; Maintenance; Maintenance Grounds; Professional Management; Water/Sewer
Parking Features: Parking Lot
Road Frontage Type: City Street
Sale Includes: Building & Land
Sewer: Public Sewer
Water Source: Public
Listing Office:
Realty Pros Commercial
Last Updated: August - 14 - 2025
Information deemed reliable but not guaranteed.