517 Mason Ave Daytona Beach, FL 32117
Two buildings totaling 10,505 SF on 1.17 acres.
Property Features for 517 Mason Ave
General Information
- Standard status
- Active
- Size
- 10,505 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1980
Listing office (386) 566-3726
Listing date Nov 21, 2025
Source Svn
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 Carl W. Lentz IV, MBA, CCIM
Investment Insights
Based on property information with market context.
Key Highlights
- M‑1 Zoning in Daytona Beach offers a wide range of possibilities.
- Two buildings totaling 10,505 SF provide significant space.
- Existing lease with Avis (600 SF) provides immediate income.
Local Financial Insights For Warehouse
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 | $104.6k | $9.96 |
| − Vacancy | −$5.2k | −$0.50 |
| EGI | $99.4k | $9.46 |
| − OpEx | −$14.9k | −$1.42 |
| NOI | $84.5k | $8.04 |
Alternative Uses
Property Analytics
Current Use by Public Records
Similar For Sale Nearby
Similar Off Market Nearby
- Food Solution Services — 520 N Beach St, Daytona Beach, FL 32114
- All Aboard Storage — 1025 Mason Ave, Daytona Beach, FL 32117
- Budget Self Storage — 900 Mason Ave, Daytona Beach, FL 32117
- Madison Storage Company — 320 Madison Ave, Daytona Beach, FL 32114
- All Aboard Business Park — George W Engram Blvd, Daytona Beach, FL 32114