Flex Building with Owner-Occupancy
1396 N NOVA Road, Daytona Beach, FL 32117
For Sale
$1,899,000
Commercial Sale, DAYTONA BEACH, FL
Property Size12,600 SF
Lot Size0.63 Acres
Price / SF$150.71
Days on Market214
Property Features for 1396 N NOVA Road
General Information
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Property subtype
Zoning
Subdivision
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APN
Size
Lot size
Taxes and HOA fees
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Tax Annual Amount
Legal Description
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Building Details
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Number of units
Building materials
Listing Agency:
ADAMS, CAMERON & CO., REALTORS
(386) 738-1920
Listed By:
Daniel Lyonnais · License #3196672
(386) 852-7932
Added: Apr 7
Changed: Oct 7
Last Checked: Nov 6 at 9:06PM
MLS# V4948350
Copyright © 2026 Stellar MLS. 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 flex property contains 12,600 square feet in a block-construction building completed in 1981. Concrete truss ceilings, central air, a TPO roof, and a configuration originally designed around 16 self-contained spaces support a range of commercial layouts. The interior can accommodate retail-oriented space at the front and warehouse use toward the rear, including a roll-up door.
The property is currently 100% leased, while up to 3,900 square feet may be available for owner occupancy. Recent improvements include roof sealing, new soffit lighting, professional paint touch-ups, and a digital sign installed last year. The site encompasses 0.63 acres in the Volusia County unincorporated area and carries zoning designation 01B5.
The property is currently 100% leased, while up to 3,900 square feet may be available for owner occupancy. Recent improvements include roof sealing, new soffit lighting, professional paint touch-ups, and a digital sign installed last year. The site encompasses 0.63 acres in the Volusia County unincorporated area and carries zoning designation 01B5.
Key Highlights
- 12,600 SF block‑construction flex building on 0.63 acres
- 100% leased with owner‑occupancy opportunity for up to 3,900 SF
- Originally configured as 16 self‑contained spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$142,083
Cap Rate
7.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,841,660
$2.8M
Cap Rate 7%
$2,029,757
$2.0M
Cap Rate 9%
$1,578,700
$1.6M
Market Conditions
NOI Build-Up for 12,600 SF
Gross rent
$238.9K $18.96/SF
− Vacancy
−$20.3K −$1.61/SF
EGI
$218.6K $17.35/SF
− OpEx
−$76.5K −$6.07/SF
NOI
$142.1K $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%
$2,841,660
Cap Rate 7%
$2,029,757
Cap Rate 9%
$1,578,700
Alternative Uses
Best Use
Flex RnD
$2.03M
$1.78M – $2.37M
NOI $142,083 @ 7.0% cap · market cap 7.48%
Second Best
Retail
$1.70M
$1.48M – $1.98M
NOI $118,673 @ 7.0% cap · market cap 6.25%
Theoretical Best
Office A
$3.72M
$3.25M – $4.33M
NOI $260,064 @ 7.0% cap · market cap 13.69%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
633
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 - Block construction property combines leased space with room for an owner-operated commercial presence.
Where is this flex space located?
The property is located at 1396 N NOVA Road 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 block‑construction flex building on 0.63 acres; 100% leased with owner‑occupancy opportunity for up to 3,900 SF; Originally configured as 16 self‑contained spaces
