Multi-Parcel Industrial and Residential
For Sale
$1,400,000
1520 N Nova & 10th Road, Daytona Beach, FL 32117
COMMERCIAL - Daytona Beach, FL
Property Size9,012 SF
Lot Size1.50 Acres
Price / SF$155.35
Days on Market396
Property Features for 1520 N Nova & 10th Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Bathrooms
11
Full bathrooms
11
Rooms
Bathroom 1, Bathroom 10, Bathroom 11, Bathroom 7, Bathroom 8, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bathroom 9, Bathroom 6
Parking features
Driveway
Lot features
Corner Lot
Directions
Exit I 95 LPGA head East to Nova Rd Turn right and just 1 block.
Subdivision
35 - Mason to LPGA E of 95
Standard status
Active
APN
4244-01-04-0095
Size
9,012 SF
Lot size
1.50 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Parcel 1: N 209 FT OF S 329 FT ON E/S OF E 155.5 FT ON N/S & 150 FT ON S/S & N 180.5 FT OF S 330.5 FT ON W/S OF W 100 FT OF E 255.5 FT ON N/S OF LOT 9 W OF CANAL EXC E 27.3 FT MEAS ON N/L FOR NEW R/W NOVA RD BLK 4 MASON & CARSWELLS HOLLY HILL MB 2 PG 90 MB 12 PGS 3
Tax Annual Amount
7135
Legal Description
Parcel 1: N 209 FT OF S 329 FT ON E/S OF E 155.5 FT ON N/S & 150 FT ON S/S & N 180.5 FT OF S 330.5 FT ON W/S OF W 100 FT OF E 255.5 FT ON N/S OF LOT 9 W OF CANAL EXC E 27.3 FT MEAS ON N/L FOR NEW R/W NOVA RD BLK 4 MASON & CARSWELLS HOLLY HILL MB 2 PG 90 MB 12 PGS 3
Utilities
Utilities
Water Available
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1959
Floors in Building
2
Number of units
12
Roof type
Shingle
Listing Agency:
Adams, Cameron & Co., Realtors
(386) 258-5500
Listed By:
Dan Lyonnais
(386) 852-7932
Added: Jul 1, 2025
Changed: Jun 9
Last Checked: Jul 31 at 9:06PM
MLS# 1215179
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.
Investment Insights
Based on property information with market context.
This multi-parcel offering includes two parcels supporting 12 distinct income streams. Tenant uses named in the remarks include a motorcycle repair business with laydown space, a used auto sales operation, and an outbuilding with yard space. The residential component consists of an eight-unit warehouse building and a two-story duplex. The property is currently 100% occupied.
The site is located in an unincorporated area of Volusia County and is described as benefiting from B-5 zoning. The street address is 1520 N Nova & 10th Road, Daytona Beach, FL 32117, and the overall lot size is stated as 1.5 acres.
Recent capital improvements have been completed within the last two years, including roof replacement on three major buildings and upgrades to all three septic tanks and their associated leech fields. The remarks also state that major maintenance items have been addressed, which may support purchasers considering a 1031 exchange or a redevelopment plan, depending on their objectives. Buyers and brokers can review the mix of income streams and the existing on-site buildings to evaluate fit for long-term ownership or future reuse under the stated zoning.
The site is located in an unincorporated area of Volusia County and is described as benefiting from B-5 zoning. The street address is 1520 N Nova & 10th Road, Daytona Beach, FL 32117, and the overall lot size is stated as 1.5 acres.
Recent capital improvements have been completed within the last two years, including roof replacement on three major buildings and upgrades to all three septic tanks and their associated leech fields. The remarks also state that major maintenance items have been addressed, which may support purchasers considering a 1031 exchange or a redevelopment plan, depending on their objectives. Buyers and brokers can review the mix of income streams and the existing on-site buildings to evaluate fit for long-term ownership or future reuse under the stated zoning.
Key Highlights
- Multi‑parcel offering with two parcels and 12 distinct income streams, including an 8‑unit warehouse building and a two‑story duplex.
- 100% occupied with a diverse tenant mix: motorcycle repair with laydown space and a used auto sales operation.
- Significant capital improvements within the last two years: roofs replaced on three major buildings.
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 | $135.2k | $15.00 |
| − Vacancy | −$13.9k | −$1.55 |
| EGI | $121.3k | $13.46 |
| − OpEx | −$36.4k | −$4.04 |
| NOI | $84.9k | $9.42 |
9,012 SF · lease $15.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.21M
$1.06M – $1.41M
NOI $84,880 @ 7.0% cap · market cap 6.06%
Second Best
Multifamily LT 5
$1.13M
$988.2K – $1.32M
NOI $79,058 @ 7.0% cap · market cap 5.65%
Theoretical Best
Office A
$2.66M
$2.33M – $3.10M
NOI $186,008 @ 7.0% cap · market cap 13.29%
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- All Aboard Storage — 1480 N Nova Rd, Daytona Beach, FL 32117
- Devon Self Storage — 1104 N Nova Rd, Daytona Beach, FL 32117
Frequently Asked Questions
What type of property is this?
Warehouse - Multi-parcel income property with an 8-unit warehouse building and two-story duplex, currently 100% occupied.
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 offering with two parcels and 12 distinct income streams, including an 8‑unit warehouse building and a two‑story duplex.; 100% occupied with a diverse tenant mix: motorcycle repair with laydown space and a used auto sales operation.; Significant capital improvements within the last two years: roofs replaced on three major buildings.
