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955 Foster Way, Daytona Beach, FL 32119

$2,722,500
Property Type: Commercial Sale Square Footage: 25,094 Lot Size (sq. ft.): 25,017 Status: Closed
Current Price: $2,722,500 List Date: 2/28/2025 Last Modified: 5/23/2026

Overview

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.

Listing Details MLS# 1210084

General Property Information

Building Area Total
25094
Building Area Source
Assessor
Year Built
2008
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.
List Price/SqFt
137.48
Sold Price/SqFt
108.49

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

Contract Information

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
2026-05-23T17:01:35Z
Major Change Type
Status Change
Price Change Timestamp
2025-08-11T22:08:43Z
Purchase Contract Date
2026-05-22
Close Date
2026-05-22
Close Price
2722500

Income and Expenses

Net Operating Income
241899.61
Total Actual Rent
392377.68

More Information

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
Yes

Current Use

Commercial
Yes
Medical/Dental
Yes
Mixed Use
Yes
Office
Yes
Retail
Yes

Lot Features

Other
Yes

Parking Features

Parking Lot
Yes

Road Frontage Type

City Street
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes

Business Type

Church
Yes
Medical
Yes
Professional Service
Yes
Retail
Yes

Location

City
Yes

Operating Expense Includes

Accounting
Yes
Association
Yes
Insurance
Yes
Maintenance
Yes
Maintenance Grounds
Yes
Professional Management
Yes
Water/Sewer
Yes

Sale Includes

Building & Land
Yes
Listing Office: Realty Pros Commercial
Last Updated: May - 23 - 2026
Information deemed reliable but not guaranteed.

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