Air-Conditioned Flex
1012 N Nova Road, Daytona Beach, FL 32117
For Sale
$299,999
Commercial Sale, Daytona Beach, FL
Property Size1,500 SF
Lot Size0.14 Acres
Price / SF$199
Days on Market242
Property Features for 1012 N Nova Road
General Information
Property type
Property subtype
Zoning description
Parking features
Security features
Lot features
Directions
Subdivision
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Flooring type
Roof type
Listing Agency:
Realty Pros Commercial
(386) 253-8565
Listed By:
Tom Ryan · License FL #3278836
(386) 295-0958
Added: Mar 16
Changed: Oct 15
Last Checked: Nov 12 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.
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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
5.64%
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 5.64%
Second Best
Retail
$201.8K
$176.6K – $235.5K
NOI $14,128 @ 7.0% cap · market cap 4.71%
Theoretical Best
Office A
$442.3K
$387.0K – $516.0K
NOI $30,960 @ 7.0% cap · market cap 10.32%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
651
Businesses Nearby
Under-served
Demand for This Use
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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
$175,500
Median Home Value
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Market
Average Price Trend$/SF for Flex space in Daytona Beach, FL
Properties on Market for Flex space in Daytona Beach
Vacancy Rate% for Industrial in South region
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 $299,999.
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
