Air-Conditioned Flex
For Sale
$335,000
1012 N Nova Road, Daytona Beach, FL 32117
Commercial Sale, Daytona Beach, FL
Property Size1,500 SF
Lot Size0.14 Acres
Price / SF$223.33
Days on Market208
Property Features for 1012 N Nova Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Parking features
Parking Lot
Security features
Security System
Lot features
Cleared
Directions
Heading east on US-92 (International Speedway Blvd) from I-95. Turn left (north) onto N. Nova Road. Proceed approximately 1 mile; 1012 N. Nova Road will be on your left.
Subdivision
42 - LPGA to Granada, W of Nova & E of 95
Standard status
Active
APN
5237-06-23-0051
Size
1,500 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
37-15-32 N 49 FT OF E 128 FT OF LOT 5 BLK 23 HOME ACRES UNIT 1 MB 11 PG 60 MB 11 PG 64 PER OR 2240 PG 1543 PER OR 7302 PGS 2859-2860 PER OR 8522 PG 4234 PER OR 8674 PG 3856
Tax Annual Amount
2433
Legal Description
37-15-32 N 49 FT OF E 128 FT OF LOT 5 BLK 23 HOME ACRES UNIT 1 MB 11 PG 60 MB 11 PG 64 PER OR 2240 PG 1543 PER OR 7302 PGS 2859-2860 PER OR 8522 PG 4234 PER OR 8674 PG 3856
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1980
Floors in Building
1
Flooring type
Laminate
Roof type
Shingle
Listing Agency:
Realty Pros Commercial
(386) 253-8565
Listed By:
Tom Ryan · License #3278836
(386) 295-0958
Added: Mar 16
Changed: Oct 2
Last Checked: Oct 9 at 5:06PM
MLS# 1224191
Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,500 SF flex building contains approximately 600 SF of retail or showroom area and 900 SF of warehouse space within a 30' x 50' structure. Central air conditioning serves both areas, while spray foam insulation supports climate control. Interior updates include new laminate flooring in the retail and warehouse sections. The property also includes a parking lot, shingle roof, central heating, public water, and public sewer.
Located at 1012 N Nova Road in Daytona Beach, the property is zoned BA - Business Automotive. The building was constructed in 1980 and is suited to the range of uses identified for the property, including retail, service operations, contractor activity, storage, light industrial work, and secure vehicle or recreational equipment storage.
Located at 1012 N Nova Road in Daytona Beach, the property is zoned BA - Business Automotive. The building was constructed in 1980 and is suited to the range of uses identified for the property, including retail, service operations, contractor activity, storage, light industrial work, and secure vehicle or recreational equipment storage.
Key Highlights
- 1,500 SF building on 0.14 acres
- Approximately 600 SF of retail/showroom area and 900 SF of warehouse space
- 30' x 50' structure with central air conditioning throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,915
Cap Rate
5.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$338,300
$338.3K
Cap Rate 7%
$241,643
$241.6K
Cap Rate 9%
$187,944
$187.9K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$28.4K $18.96/SF
− Vacancy
−$2.4K −$1.61/SF
EGI
$26.0K $17.35/SF
− OpEx
−$9.1K −$6.07/SF
NOI
$16.9K $11.28/SF
Area
Volusia County, FL
Vacancy
8.50%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$338,300
Cap Rate 7%
$241,643
Cap Rate 9%
$187,944
Alternative Uses
Best Use
Flex RnD
$241.6K
$211.4K – $281.9K
NOI $16,915 @ 7.0% cap · market cap 5.05%
Second Best
Retail
$201.8K
$176.6K – $235.5K
NOI $14,128 @ 7.0% cap · market cap 4.22%
Theoretical Best
Office A
$442.3K
$387.0K – $516.0K
NOI $30,960 @ 7.0% cap · market cap 9.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
651
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32117, FL
28,223
Population
14,392
Households
2
Avg Household Size
43
Median Age
21%
College-Educated
90%
High-School Grad
12.0 sq mi
ZIP Area
2,352
Density / Sq Mi
$52,132
Median Household Income
$32,189
Median Earnings
$1,392
Median Rent
$175,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Renovated commercial space combines showroom and warehouse areas under central air.
Where is this flex space located?
The property is located at 1012 N Nova Road Daytona Beach, FL.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: 1,500 SF building on 0.14 acres; Approximately 600 SF of retail/showroom area and 900 SF of warehouse space; 30' x 50' structure with central air conditioning throughout
