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Climate-Controlled Flex Space

1725 S Nova Road A 9 10, South Daytona, FL 32119

For Sale
$330,000

Air conditioning supports office work and storage in this multi-area commercial unit.

Property Size2,000 SF
Price / SF$165
Days on Market82

Property Features for 1725 S Nova Road A 9 10

General Information

Standard status Active
Size 2,000 SF
Property subtype Warehouse
Zoning Light Industrial

Warehouse & Industrial

Drive-In Doors 1
Conditioned Warehouse Yes

Additional Details

Property Use Flex Warehouse

Taxes and HOA fees

Annual Taxes $4,720

Building Details

Building Size 2,000 SF
Year Built 1981
Listing Agency: Realty Pros Commercial
Listed By: Kayla Williams · License #3506971
Source: Marlinrealtygroup
Added: Aug 18 Changed: Nov 6 Last Checked: Nov 6 at 3:16PM

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 Realty Pros Commercial

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 2,000-square-foot flex space, built in 1981, combines a reception area, two main-floor private offices, and a restroom. Air conditioning serves the unit, which also has an upstairs storage area, drop ceilings, and a 9-foot overhead roll-up door.

The property is located on S Nova Road in South Daytona and is zoned Light Industrial.

Key Highlights

  • 2,000‑square‑foot flex unit with air conditioning
  • Reception area, two private offices on the main floor, and a restroom
  • Upstairs storage area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,553
Cap Rate
6.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$451,060 $451.1K
Cap Rate 7%
$322,186 $322.2K
Cap Rate 9%
$250,589 $250.6K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$37.9K $18.96/SF
− Vacancy
−$3.2K −$1.61/SF
EGI
$34.7K $17.35/SF
− OpEx
−$12.1K −$6.07/SF
NOI
$22.6K $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%
$451,060
Cap Rate 7%
$322,186
Cap Rate 9%
$250,589

Alternative Uses

Best Use
Flex RnD
$322.2K
$281.9K – $375.9K (±1% cap)
NOI $22,553 @ 7.0% cap · market cap 6.83%
Second Best
Warehouse
$229.8K
$201.1K – $268.1K (±1% cap)
NOI $16,085 @ 7.0% cap · market cap 4.87%
Theoretical Best
Office A
$589.7K
$516.0K – $688.0K (±1% cap)
NOI $41,280 @ 7.0% cap · market cap 12.51%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Dental Office Hair Salon Restaurant Parking Lot & Garage Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Drive-in doors

Location Intelligence

Trade Area within ½ mile

408
Businesses Nearby
Under-served
Demand for This Use

Demographics for 32119, FL

22,498
Population
12,629
Households
1.8
Avg Household Size
50
Median Age
27%
College-Educated
91%
High-School Grad
7.8 sq mi
ZIP Area
2,884
Density / Sq Mi
$53,795
Median Household Income
$37,675
Median Earnings
$1,371
Median Rent
$215,200
Median Home Value

Market

Average Price Trend$/SF for Flex space in Volusia County, FL

$211 Jul
$233 Aug
$244 Sep
$253 Oct

Properties on Market for Flex space in Volusia County

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Air conditioning supports office work and storage in this multi-area commercial unit.
Where is this flex space located?
The property is located at 1725 S Nova Road A 9 10 South Daytona, FL.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: 2,000‑square‑foot flex unit with air conditioning; Reception area, two private offices on the main floor, and a restroom; Upstairs storage area
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Includes: Price & PSF · Cap rate · Location · Zoning

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