Block Construction Flex
For Sale
$1,899,000
1396 N Nova Road, Daytona Beach, FL 32117
Commercial Sale, Daytona Beach, FL
Property Size12,600 SF
Lot Size0.62 Acres
Price / SF$150.71
Days on Market217
Property Features for 1396 N Nova Road
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
Commercial
Bathrooms
8
Full bathrooms
10
Rooms
Bathroom 9, Bathroom 6, Bathroom 10, Bathroom 1, Bathroom 2, Bathroom 5, Bathroom 4, Bathroom 3, Bathroom 8, Bathroom 7
Parking features
Guest, Parking Lot
Lot features
Corner Lot
Directions
Exit LPGA Blvd from I 95, head east to Nova Rd turn Right 2 blocks
Subdivision
41 - LPGA to Granada, E of Nova
Standard status
Active
APN
5237-06-01-0020
Size
12,600 SF
Lot size
0.62 Acres
Additional Details
Tenant in Place
Yes
Mixed-Use Components
retail, warehouse
Taxes and HOA fees
Tax Year
2025
Tax Description
E 150 FT OF LOTS 1 & 2 BLK 1 HOME ACRES UNIT 1 MB 11 PG 60 MB 11 PG 64 PER OR 2182 PG 0426 PER OR 3967 PG 1589 PER OR 7036 PG 3078 PER OR 8311 PG 0785
Tax Annual Amount
13479
Legal Description
E 150 FT OF LOTS 1 & 2 BLK 1 HOME ACRES UNIT 1 MB 11 PG 60 MB 11 PG 64 PER OR 2182 PG 0426 PER OR 3967 PG 1589 PER OR 7036 PG 3078 PER OR 8311 PG 0785
Utilities
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1981
Number of units
4
Flooring type
Tile, Concrete
Building materials
Block
Roof type
Concrete, Membrane
Buildings
1
Listing Agency:
Adams, Cameron & Co., Realtors
(386) 258-5500
Listed By:
Dan Lyonnais
(386) 852-7932
Added: Mar 30
Changed: Oct 27
Last Checked: Nov 1 at 4:06PM
MLS# 1224674
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 12,600-square-foot flex property occupies 0.62 acres in unincorporated Volusia County. Built in 1981 with block construction, the building includes concrete truss ceilings, concrete and tile flooring, central heating, central air, a membrane and concrete roof, and a parking lot. Its original layout comprised 16 self-contained spaces, supporting a combination of retail areas and warehouse functions, including a roll-up door. The property is currently 100% leased, with an owner-occupancy option for up to 3,900 square feet.
Recent work includes TPO roof sealing, new soffit lighting, professional paint touch-ups, and installation of a digital sign last year. Public water and septic service are in place, and the property includes multiple bathrooms and guest parking. The address is 1396 N Nova Road in Daytona Beach, Florida.
Recent work includes TPO roof sealing, new soffit lighting, professional paint touch-ups, and installation of a digital sign last year. Public water and septic service are in place, and the property includes multiple bathrooms and guest parking. The address is 1396 N Nova Road in Daytona Beach, Florida.
Key Highlights
- 12,600‑square‑foot flex property on 0.62 acres
- 100% leased with owner‑occupancy option for up to 3,900 square feet
- Original layout included 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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
633
Businesses Nearby
Under-served
Demand for This Use
Explore this area
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
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
Frequently Asked Questions
What type of property is this?
Flex space - Fully leased commercial property with an option for owner occupancy and adaptable retail, warehouse, and service configurations.
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‑square‑foot flex property on 0.62 acres; 100% leased with owner‑occupancy option for up to 3,900 square feet; Original layout included 16 self‑contained spaces
