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Daytona Beach Industrial Property

517 Mason Ave Daytona Beach, FL 32117

517 Mason Ave, Daytona Beach, FL, 32117
$1,600,000
For Sale
Claim this Listing
$1,600,000

Two buildings totaling 10,505 SF on 1.17 acres.

Property Size10,505 SF
Price / SF$152.31
AddedNov 21, 2025
Days on Market237
Last RefreshJul 15 at 12:54 am

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

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.

This property features two buildings totaling 10,505 square feet situated on 1.17 acres. It is zoned M-1 and located in Daytona Beach. Building 1 includes 600 square feet currently leased by Avis since 2007, general offices, a production room, and warehouse space. Building 2 contains a supply room and paint booth. The property includes a total of 9 roll-up, grade-level doors. The yard is fully fenced and has access to a Mason lot to be split, eliminating Kingston access. It features 3-phase heavy power. The Avis lease is for 600 square feet at $3,952 per month plus $75 CAM and $230 for utilities, with NNNs estimated at $4.25 per square foot. The property is located on the south side of Mason Avenue, between US1 and Nova.

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
10,505 SF · lease $9.96/SF/yr · vacancy 5.00% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$1.21M
$1.06M – $1.41M (±1% cap)
NOI $84,489 @ 7.0% cap · market cap 5.28%
Second Best
Industrial
$893.5K
$781.8K – $1.04M (±1% cap)
NOI $62,542 @ 7.0% cap · market cap 3.91%
Theoretical Best
Office A
$3.10M
$2.71M – $3.61M (±1% cap)
NOI $216,823 @ 7.0% cap · market cap 13.55%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Budget Car Rental Car Rental Facility Avis Car Rental Car Rental Facility Central Signs (Bike/Boat/Book/etc) Store Certified Signage Inc Building Supply

Suggested Use

Real Estate Agency Dental Office Pharmacy Skin Care Clinic Gym & Fitness Center Parking Lot & Garage Cafe & Coffee Shop Law Firm (Bike/Boat/Book/etc) Store Garden Center

Zoning and permitted uses should be independently verified with local authorities.

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

FAQs

What type of property is this?
Warehouse - Two buildings totaling 10,505 SF on 1.17 acres.
Where is this warehouse located?
The property is located at 517 Mason Ave Daytona Beach, FL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 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.
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