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Flex Space with Warehouse Bay
For Sale
$239,000

5-925 Beville Rd, South Daytona, FL 32119

Vacant commercial unit combines air-conditioned offices with functional warehouse space and a roll-up loading door.

Property Size1,250 SF
Price / SF$191.20
Days on Market47

Property Features for 5-925 Beville Rd

General Information

Standard status Active
Size 1,250 SF

Warehouse & Industrial

Warehouse Space 625 SF
Office Build-Out 625 SF

Taxes and HOA fees

Annual Taxes $3,101

Building Details

Year Built 2006
Listing Agency: KINCAID REALTY
Listed By: Roger Kincaid · License #3027673
Source: Exprealty
Added: Sep 20 Changed: Oct 25 Last Checked: Nov 4 at 7:02PM

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 KINCAID REALTY

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Investment Insights

Based on property information with market context.

This flex space offers 1,250 square feet divided between office and warehouse functions. The front portion provides 625 square feet of air-conditioned space with two offices, a meeting area, a small kitchen, and a bathroom. A glass storefront serves the office area, while the rear includes 625 square feet of high-ceiling warehouse space accessed through a large roll-up door. The unit was built in 2006 and is vacant for immediate occupancy.

Located within Twin Fountains Business Center at 5-925 Beville Rd in South Daytona, the property is approximately 3 miles from I-4 and I-95. The 13-suite center includes businesses such as an auto tag service, laundromat, nail salon, and medical center, contributing to regular customer activity at the plaza. Colleges and malls are also identified nearby.

Key Highlights

  • 1,250 total square feet with balanced office and warehouse areas
  • 625 square feet of air‑conditioned office space
  • Two offices, meeting area, small kitchen, and bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,096
Cap Rate
5.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$281,920 $281.9K
Cap Rate 7%
$201,371 $201.4K
Cap Rate 9%
$156,622 $156.6K
Market Conditions
NOI Build-Up for 1,250 SF
Gross rent
$23.7K $18.96/SF
− Vacancy
−$2.0K −$1.61/SF
EGI
$21.7K $17.35/SF
− OpEx
−$7.6K −$6.07/SF
NOI
$14.1K $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%
$281,920
Cap Rate 7%
$201,371
Cap Rate 9%
$156,622

Alternative Uses

Best Use
Flex RnD
$201.4K
$176.2K – $234.9K (±1% cap)
NOI $14,096 @ 7.0% cap · market cap 5.90%
Second Best
Warehouse
$143.6K
$125.7K – $167.6K (±1% cap)
NOI $10,053 @ 7.0% cap · market cap 4.21%
Theoretical Best
Office A
$368.6K
$322.5K – $430.0K (±1% cap)
NOI $25,800 @ 7.0% cap · market cap 10.79%
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 Real Estate Agency Building Supply Dental Office Big Box & Wholesale Store Restaurant Auto Parts Store

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

Location Intelligence

Trade Area within ½ mile

491
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

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

Similar Off Market Nearby

  • Firehouse Subs S. Daytona — 1844 S Ridgewood Ave, South Daytona, FL 32119

Frequently Asked Questions

What type of property is this?
Flex space - Vacant commercial unit combines air-conditioned offices with functional warehouse space and a roll-up loading door.
Where is this flex space located?
The property is located at 5-925 Beville Rd South Daytona, FL.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: 1,250 total square feet with balanced office and warehouse areas; 625 square feet of air‑conditioned office space; Two offices, meeting area, small kitchen, and bathroom
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