Multi-Parcels Automotive Income
For Sale
$1,400,000
1520 N Nova & 10th Road, Daytona Beach, FL 32117
Fully occupied multi-parcel income property with motorcycle repair, auto sales, warehouse units, and a two-story duplex.
Property Size9,290 SF
Price / SF$150.70
Days on Market97
Property Features for 1520 N Nova & 10th Road
General Information
Standard status
Active
Size
9,290 SF
Property subtype
Mixed Use
Zoning
B-5
Occupancy
100%
Additional Details
Business Included
Yes
Building Details
Year Built
1959
Tenancy
Multi
Listing Agency:
ADAMS, CAMERON & CO., REALTORS
(386) 738-1920
Listed By:
Daniel Lyonnais · License #3196672
Source:
Xome
Added: Apr 26
Changed: Jul 10
Last Checked: Jun 14 at 1:32AM
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 & CO., REALTORS
Investment Insights
Based on property information with market context.
This multi-parcel property comprises two parcels with 12 distinct income streams, anchored by an established motorcycle repair business with laydown space. Additional revenue sources include a used auto sales operation, an outbuilding with yard space, an 8-unit warehouse building, and a two-story duplex. The property is currently 100% occupied. Recent capital improvements include roof replacements on three major buildings and upgrades to all three septic tanks and their associated leech fields, with other major maintenance items addressed.
The property is located in an unincorporated area and is supported by B-5 zoning. The overall configuration combines service-oriented uses with small industrial and residential income components, which can be helpful for tenants and operators seeking a mixed arrangement within a single ownership.
For buyers considering a 1031 exchange or redevelopment, the current tenant mix and maintained infrastructure may offer a practical foundation. The presence of multiple income-producing assets across two parcels can also provide flexibility for future planning while maintaining steady occupancy as part of the existing operations.
The property is located in an unincorporated area and is supported by B-5 zoning. The overall configuration combines service-oriented uses with small industrial and residential income components, which can be helpful for tenants and operators seeking a mixed arrangement within a single ownership.
For buyers considering a 1031 exchange or redevelopment, the current tenant mix and maintained infrastructure may offer a practical foundation. The presence of multiple income-producing assets across two parcels can also provide flexibility for future planning while maintaining steady occupancy as part of the existing operations.
Key Highlights
- Multi‑parcel income property with 12 distinct income streams and 100% occupancy
- Includes a motorcycle repair business with laydown space and a used auto sales operation
- Additions include an 8‑unit warehouse building plus a two‑story duplex
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 | $139.4k | $15.00 |
| − Vacancy | −$14.4k | −$1.55 |
| EGI | $125.0k | $13.46 |
| − OpEx | −$37.5k | −$4.04 |
| NOI | $87.5k | $9.42 |
9,290 SF · lease $15.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.25M
$1.09M – $1.46M
NOI $87,498 @ 7.0% cap · market cap 6.25%
Second Best
Multifamily LT 5
$1.16M
$1.02M – $1.36M
NOI $81,497 @ 7.0% cap · market cap 5.82%
Theoretical Best
Office A
$2.74M
$2.40M – $3.20M
NOI $191,746 @ 7.0% cap · market cap 13.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
275
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
Market
Properties on Market for Warehouses in Daytona Beach
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Similar Off Market Nearby
- All Aboard Storage — 1480 N Nova Rd, Daytona Beach, FL 32117
Frequently Asked Questions
What type of property is this?
Warehouse - Fully occupied multi-parcel income property with motorcycle repair, auto sales, warehouse units, and a two-story duplex.
Where is this warehouse located?
The property is located at 1520 N Nova & 10th Road Daytona Beach, FL.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Multi‑parcel income property with 12 distinct income streams and 100% occupancy; Includes a motorcycle repair business with laydown space and a used auto sales operation; Additions include an 8‑unit warehouse building plus a two‑story duplex
