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    Multi-Parcels Automotive Income Property Title is generated by Realmo AI

    1520 N Nova & 10th Road, Daytona Beach, FL 32117

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    Claim this Listing
    For Sale
    $1,400,000

    Fully occupied multi-parcel income property with motorcycle repair, auto sales, warehouse units, and a two-story duplex.

    Type:Mixed Use
    Property size:
    9,290 SF
    Price / SF:
    $150/SF
    Added:
    Apr 20, 2026
    Days on Market:
    56
    Last Refresh:
    Jun 14 at 1:32 am

    Property Features for 1520 N Nova & 10th Road

    General Information

    Standard status
    Active
    Size
    9,290 SF
    Property subtype
    Mixed Use

    Building Details

    Year Built
    1959

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    Listing Contact
    Daniel Lyonnais
    Daniel Lyonnais

    Listing agent Daniel Lyonnais License #3196672

    Listing office ADAMS, CAMERON & CO., REALTORS

    Listing date Apr 20, 2026

    Source Xome

    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

    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
    • Within the last two years: roofs replaced on three major buildings
    • Within the last two years: upgrades to all three septic tanks and associated leech fields
    • Central air cooling; year built 1959; located in an unincorporated area with B‑5 zoning

    Overview

    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.

    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 $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 (±1% cap)
    NOI $87,498 @ 7.0% cap · market cap 6.25%
    Second Best
    Multifamily LT 5
    $1.16M
    $1.02M – $1.36M (±1% cap)
    NOI $81,497 @ 7.0% cap · market cap 5.82%
    Theoretical Best
    Office A
    $2.74M
    $2.40M – $3.20M (±1% cap)
    NOI $191,746 @ 7.0% cap · market cap 13.70%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Similar Places Nearby

    • All Aboard Storage — 1480 N Nova Rd, Daytona Beach, FL 32117

    Location Insight

    • Map
    • Local Demand
    City
    Daytona Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.0682922
    Latitude
    29.2307992

    FAQs

    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
    More about this property
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