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Versatile Block Building with Income

1396 N Nova Rd Daytona Beach, FL 32117

1396 N Nova Rd, Daytona Beach, FL, 32117
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12,600 SF block building with income and occupancy options.

Property Size12,600 SF
Price / SF$150.71
AddedMay 6
Days on Market71
Last RefreshMay 8 at 3:32 am

Property Features for 1396 N Nova Rd

General Information

Standard status
Active
Size
12,600 SF
Property subtype
RETAIL

Listing office Adams Cameron Commercial

Listing date May 6, 2026

Source Moodyscre

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 Adams Cameron Commercial


Investment Insights

Based on property information with market context.

This 12,600 square foot block construction building features concrete truss ceilings and has undergone recent upgrades. The property is currently 100% leased, providing income. There is an owner-occupancy opportunity for up to 3,900 square feet of space. Constructed for versatility, the building can accommodate various needs, such as retail space in the front and warehouse space in the back, complete with a roll-up door. Recent capital improvements include a new digital sign installed last year for $15,000, roof sealing completed on the TPO roof, new soffit lighting, and professional paint touch-ups. Located in the Volusia County Unincorporated Area, the property is suitable for many commercial uses. The building was originally designed with 16 self-contained spaces.

Key Highlights

  • 12,600 SF top‑tier block construction building with durable concrete truss ceilings.
  • Immediate income from 100% leased property.
  • Owner‑occupancy opportunity for up to 3,900 SF.

Local Financial Insights For Retail

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 $189.0k $15.00
− Vacancy −$19.5k −$1.55
EGI $169.5k $13.46
− OpEx −$50.9k −$4.04
NOI $118.7k $9.42
12,600 SF · lease $15.00/SF/yr · vacancy 10.30% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.70M
$1.48M – $1.98M (±1% cap)
NOI $118,673 @ 7.0% cap · market cap 6.25%
Second Best
Warehouse
$1.45M
$1.27M – $1.69M (±1% cap)
NOI $101,338 @ 7.0% cap · market cap 5.34%
Theoretical Best
Office A
$3.72M
$3.25M – $4.33M (±1% cap)
NOI $260,064 @ 7.0% cap · market cap 13.69%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Hidden treasures Cafe & Coffee Shop

Suggested Use

Real Estate Agency Law Firm Dental Office Restaurant Skin Care Clinic Pharmacy Spa & Massage Center Gym & Fitness Center Garden Center Cafe & Coffee Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail space - 12,600 SF block building with income and occupancy options.
Where is this retail space located?
The property is located at 1396 N Nova Rd Daytona Beach, FL.
What is the asking price?
The asking price for this property is $1,899,000.
What are key features of this property?
This property features: 12,600 SF top‑tier block construction building with durable concrete truss ceilings.; Immediate income from 100% leased property.; Owner‑occupancy opportunity for up to 3,900 SF.
Contact an agent
(386) 252-3120 Call to check price and availability
More about this property
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