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Flex Building with In-Place Lease
For Sale
$1,250,000

1725 S Nova Road, South Daytona, FL 32119

Commercial Sale, South Daytona, FL

Property Size10,000 SF
Lot Size0.02 Acres
Price / SF$125
Days on Market280

Property Features for 1725 S Nova Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Parking features Parking Lot
Directions SOUTH OF BEVILLE ON NOVA IN STONEWORK BUSINESS PARK
Subdivision 25 - Daytona S of Beville, E of Nova
Standard status Active
APN 5341-10-00-0A10
Size 10,000 SF
Lot size 0.02 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description UNIT A-1-10 STONEWORK CONDO PER OR 5923 PG 3145 PER OR 5965 PG 1121 PER OR 6804 PG 1569
Tax Annual Amount 16749
HOA Fee $2,790 Monthly
Legal Description UNIT A-1-10 STONEWORK CONDO PER OR 5923 PG 3145 PER OR 5965 PG 1121 PER OR 6804 PG 1569

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1981
Listing Agency: Realty Pros Commercial
Listed By: Kayla Williams
Added: Jan 19 Changed: Oct 2 Last Checked: Oct 26 at 11:06PM
MLS# 1221941

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.

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Investment Insights

Based on property information with market context.

Offered for sale as a complete 10,000-square-foot flex building, this property combines an existing leased component with space available for an owner-user. The in-place lease covers 4,000 square feet and runs through July 2027, providing an established occupancy component within the building.

Constructed in 1981, the property includes a parking lot and is served by public water and public sewer. The asset is located at 1725 S Nova Road in South Daytona, Florida, within Volusia County.

Key Highlights

  • 10,000 SF flex building offered in full
  • 4,000 SF leased through July 2027
  • Owner‑user space available within the building

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$112,765
Cap Rate
9.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,255,300 $2.3M
Cap Rate 7%
$1,610,929 $1.6M
Cap Rate 9%
$1,252,944 $1.3M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$189.6K $18.96/SF
− Vacancy
−$16.1K −$1.61/SF
EGI
$173.5K $17.35/SF
− OpEx
−$60.7K −$6.07/SF
NOI
$112.8K $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%
$2,255,300
Cap Rate 7%
$1,610,929
Cap Rate 9%
$1,252,944

Alternative Uses

Best Use
Flex RnD
$1.61M
$1.41M – $1.88M (±1% cap)
NOI $112,765 @ 7.0% cap · market cap 9.02%
Second Best
Industrial
$850.5K
$744.2K – $992.3K (±1% cap)
NOI $59,535 @ 7.0% cap · market cap 4.76%
Theoretical Best
Office A
$2.95M
$2.58M – $3.44M (±1% cap)
NOI $206,400 @ 7.0% cap · market cap 16.51%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Auto Repair Shop Big Box & Wholesale Store Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

913
Businesses Nearby
Under-served
Demand for This Use

Demographics for 32119, FL

22,498
Population
12,629
Households
1.8
Avg Household Size
50
Median Age
27%
College-Educated
91%
High-School Grad
7.8 sq mi
ZIP Area
2,884
Density / Sq Mi
$53,795
Median Household Income
$37,675
Median Earnings
$1,371
Median Rent
$215,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Similar Off Market Nearby

  • Cravings To Go — 933 Beville Rd Unit 102C, South Daytona, FL 32119

Frequently Asked Questions

What type of property is this?
Flex space - Full-building flex property with an occupied section and additional space for owner-user operations.
Where is this flex space located?
The property is located at 1725 S Nova Road South Daytona, FL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 10,000 SF flex building offered in full; 4,000 SF leased through July 2027; Owner‑user space available within the building
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