Daytona Beach Industrial
517 Mason Ave Daytona Beach, FL 32117
517 Mason Ave, Daytona Beach, FL, 32117
$1,600,000
For Sale
$1,600,000
Two buildings totaling 10,505 SF on 1.17 acres.
Property Size10,505 SF
Price / SF$152.31
Days on Market238
Property Features for 517 Mason Ave
General Information
- Standard status
- Active
- Size
- 10,505 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1980
Listing Agency
(386) 566-3726
Listed by
Carl W. Lentz IV, MBA, CCIM · License #FL #BK3068067
(386) 566-3726
Source
Svn
Added: Nov 21, 2025 Checked: Jul 16 at 2:14 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Carl W. Lentz IV, MBA, CCIM
Investment Insights
Based on property information with market context.
This property features two buildings totaling 10,505 square feet situated on 1.17 acres. It is zoned M-1 and located in Daytona Beach. Building 1 includes 600 square feet currently leased by Avis since 2007, general offices, a production room, and warehouse space. Building 2 contains a supply room and paint booth. The property includes a total of 9 roll-up, grade-level doors. The yard is fully fenced and has access to a Mason lot to be split, eliminating Kingston access. It features 3-phase heavy power. The Avis lease is for 600 square feet at $3,952 per month plus $75 CAM and $230 for utilities, with NNNs estimated at $4.25 per square foot. The property is located on the south side of Mason Avenue, between US1 and Nova.
Key Highlights
- M‑1 Zoning in Daytona Beach offers a wide range of possibilities.
- Two buildings totaling 10,505 SF provide significant space.
- Existing lease with Avis (600 SF) provides immediate income.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $104.6k | $9.96 |
| − Vacancy | −$5.2k | −$0.50 |
| EGI | $99.4k | $9.46 |
| − OpEx | −$14.9k | −$1.42 |
| NOI | $84.5k | $8.04 |
10,505 SF · lease $9.96/SF/yr · vacancy 5.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.21M
$1.06M – $1.41M
NOI $84,489 @ 7.0% cap · market cap 5.28%
Second Best
Industrial
$893.5K
$781.8K – $1.04M
NOI $62,542 @ 7.0% cap · market cap 3.91%
Theoretical Best
Office A
$3.10M
$2.71M – $3.61M
NOI $216,823 @ 7.0% cap · market cap 13.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Budget Car Rental
Car Rental Facility
Avis Car Rental
Car Rental Facility
Central Signs
(Bike/Boat/Book/etc) Store
Certified Signage Inc
Building Supply
Similar For Sale Nearby
Similar Off Market Nearby
- Food Solution Services — 520 N Beach St, Daytona Beach, FL 32114
- All Aboard Storage — 1025 Mason Ave, Daytona Beach, FL 32117
- Budget Self Storage — 900 Mason Ave, Daytona Beach, FL 32117
- Madison Storage Company — 320 Madison Ave, Daytona Beach, FL 32114
- All Aboard Business Park — George W Engram Blvd, Daytona Beach, FL 32114
FAQs
What type of property is this?
Warehouse - Two buildings totaling 10,505 SF on 1.17 acres.
Where is this warehouse located?
The property is located at 517 Mason Ave Daytona Beach, FL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: M‑1 Zoning in Daytona Beach offers a wide range of possibilities.; Two buildings totaling 10,505 SF provide significant space.; Existing lease with Avis (600 SF) provides immediate income.
