Warehouse Condo with
1725 S Nova Road A 1 2 3, South Daytona, FL 32119
For Sale
$465,000
Separate office and warehouse entrances serve the property’s distinct work areas.
Property Size3,000 SF
Price / SF$155
Days on Market82
Property Features for 1725 S Nova Road A 1 2 3
General Information
Standard status
Size
Property subtype
Additional Details
Highway Access
Drive-In Doors
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Realty Pros Commercial
Listed By:
Kayla Williams · License #3506971
(386) 338-1330
Source:
Marlinrealtygroup
Added: Aug 18
Changed: Nov 6
Last Checked: Nov 6 at 3:22PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This vacant 3,000-square-foot warehouse condominium, built in 1981, has separate office and warehouse entrances. The layout includes two private offices, two bathrooms, a 14-foot overhead grade-level door and a mezzanine for additional storage.
The property has access to I-95 and major thoroughfares. The condominium association fee covers exterior maintenance, water and trash.
The property has access to I-95 and major thoroughfares. The condominium association fee covers exterior maintenance, water and trash.
Key Highlights
- 3,000‑square‑foot warehouse condominium
- 14‑foot overhead grade‑level door
- Mezzanine provides additional storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,128
Cap Rate
5.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$482,560
$482.6K
Cap Rate 7%
$344,686
$344.7K
Cap Rate 9%
$268,089
$268.1K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$29.9K $9.96/SF
− Vacancy
−$1.5K −$0.50/SF
EGI
$28.4K $9.46/SF
− OpEx
−$4.3K −$1.42/SF
NOI
$24.1K $8.04/SF
Area
Volusia County, FL
Vacancy
5.00%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$482,560
Cap Rate 7%
$344,686
Cap Rate 9%
$268,089
Alternative Uses
Best Use
Warehouse
$344.7K
$301.6K – $402.1K
NOI $24,128 @ 7.0% cap · market cap 5.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$884.6K
$774.0K – $1.03M
NOI $61,920 @ 7.0% cap · market cap 13.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
408
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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 Warehouses in Volusia County, FL
Properties on Market for Warehouses in Volusia County
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Complete Moving & Storage — 1062 Reed Canal Rd, South Daytona, FL 32119
- A Place For Your Stuff — 2801 S Nova Rd, South Daytona, FL 32119
- Public Storage — 2450 S Nova Rd, South Daytona, FL 32119
Frequently Asked Questions
What type of property is this?
Warehouse - Separate office and warehouse entrances serve the property’s distinct work areas.
Where is this warehouse located?
The property is located at 1725 S Nova Road A 1 2 3 South Daytona, FL.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: 3,000‑square‑foot warehouse condominium; 14‑foot overhead grade‑level door; Mezzanine provides additional storage
