Multi-Parcel Industrial and Residential
1520 N Nova & 10th Road, Daytona Beach, FL 32117
COMMERCIAL - Daytona Beach, FL
Property size:
9,012 SFLot size:
1.50 AcresPrice / SF:
$155/SF- Added:
- Jul 1, 2025
- Days on Market:
- 349
- Last Refresh:
- Jun 14 at 4:06 pm
Property Features for 1520 N Nova & 10th Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- 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
- 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
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 agent Dan Lyonnais (386) 852-7932
Listing office Adams, Cameron & Co., Realtors 600 S Atlantic Ave, Daytona Beach, FL (386) 258-5500
Listing date Jul 1, 2025
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.
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.
- Upgraded all three septic tanks and associated leech fields.
- Unincorporated‑area property with B‑5 zoning.
- Utilities include public water; sewer provided by a septic tank; roof type is shingle.
Overview
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.
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 | $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 local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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
- -81.056877
- Latitude
- 29.236156
Nearby Similar for Sale
FAQs
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.
