Freestanding Auto
For Sale
$800,000
526 Mason Avenue, Daytona Beach, FL 32117
COMMERCIAL - Daytona Beach, FL
Property Size5,341 SF
Lot Size0.30 Acres
Price / SF$149.78
Days on Market652
Property Features for 526 Mason Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Industrial
Parking features
Carport, Parking Lot, RV, Covered
Security features
Security
Lot features
Corner Lot
Directions
Ridgewood to West on Mason To 526 on Right.
Subdivision
32 - Daytona Beville to ISB, E of 95
Standard status
Active
APN
4244-01-34-0019
Size
5,341 SF
Lot size
0.30 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
W 85 FT OF S 197 FT OF W 1/2 OF E 1/2 OF LOT 1 EXC S 35 FT IN MASON AVE BLK 34 M & C HOLLY HILL MB 2 PG 90 PER OR 5177 PG 1884 & OR 5479 PG 695 & OR 6615 PG 1617 PER OR 6699 PG 4139
Tax Annual Amount
5618
Legal Description
W 85 FT OF S 197 FT OF W 1/2 OF E 1/2 OF LOT 1 EXC S 35 FT IN MASON AVE BLK 34 M & C HOLLY HILL MB 2 PG 90 PER OR 5177 PG 1884 & OR 5479 PG 695 & OR 6615 PG 1617 PER OR 6699 PG 4139
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1961
Building materials
Aluminum Siding, Block, Concrete
Listing Agency:
Ray Joy Realty LLC
(386) 401-1000
Listed By:
Ray Joy
(386) 401-1000
Added: Oct 30, 2024
Changed: Aug 4
Last Checked: Aug 12 at 11:06AM
MLS# 1205359
Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 5,341-square-foot auto shop occupies a 0.3-acre property at 526 Mason Avenue in Daytona Beach. Built in 1961, the building incorporates aluminum siding, block, and concrete construction materials. Parking features include a carport, covered parking, a parking lot, and RV parking.
The property is served by public water and public sewer. Its Daytona Beach setting places the asset within Volusia County, while the existing automotive-oriented classification supports consideration of the site as an auto-service property.
The property is served by public water and public sewer. Its Daytona Beach setting places the asset within Volusia County, while the existing automotive-oriented classification supports consideration of the site as an auto-service property.
Key Highlights
- 5,341‑square‑foot auto shop on 0.3 acres
- Built in 1961
- Aluminum siding, block, and concrete construction
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$50,304
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.29%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,006,080
$1.0M
Cap Rate 7%
$718,629
$718.6K
Cap Rate 9%
$558,933
$558.9K
Market Conditions
NOI Build-Up for 5,341 SF
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.
Gross rent
$80.1K $15.00/SF
− Vacancy
−$8.3K −$1.55/SF
EGI
$71.9K $13.46/SF
− OpEx
−$21.6K −$4.04/SF
NOI
$50.3K $9.42/SF
Area
Volusia County, FL
Vacancy
10.30%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,006,080
Cap Rate 7%
$718,629
Cap Rate 9%
$558,933
Alternative Uses
Best Use
Retail
$718.6K
$628.8K – $838.4K
NOI $50,304 @ 7.0% cap · market cap 6.29%
Second Best
Industrial
$454.3K
$397.5K – $530.0K
NOI $31,798 @ 7.0% cap · market cap 3.97%
Theoretical Best
Office A
$1.57M
$1.38M – $1.84M
NOI $110,238 @ 7.0% cap · market cap 13.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
988
Businesses Nearby
86k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 53%
Shops & Services 35%
Home Improvements & Furnishings 11%
Electronics 1%
McDonald's
Dining
28,926 visits/mo
0.3 miles
7-Eleven
Shops & Services
12,111 visits/mo
0.4 miles
Madden's Ace Hardware 3
Home Improvements & Furnishings
9,653 visits/mo
0.4 miles
Krystal
Dining
7,644 visits/mo
0.3 miles
Little Caesars Pizza
Dining
6,014 visits/mo
0.2 miles
Demographics for 32117, FL
28,223
Population
14,392
Households
2
Avg Household Size
43
Median Age
21%
College-Educated
90%
High-School Grad
12.0 sq mi
ZIP Area
2,352
Density / Sq Mi
$52,132
Median Household Income
$32,189
Median Earnings
$1,392
Median Rent
$175,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- All American Auto Machine — 405 N Charles St, Daytona Beach, FL 32114
- Subaru Service — Daytona Beach, FL 32114
- ShadyDayz — N Nova Rd, Daytona Beach, FL 32117
- Indian Motorcycle Daytona Beach — 290 N Beach St, Daytona Beach, FL 32114
- Tech Auto Care — 426 N Segrave St, Daytona Beach, FL 32114
Frequently Asked Questions
What type of property is this?
Auto shop - Commercial auto-shop property with covered parking, a parking lot, and public water and sewer service.
Where is this auto shop located?
The property is located at 526 Mason Avenue Daytona Beach, FL.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 5,341‑square‑foot auto shop on 0.3 acres; Built in 1961; Aluminum siding, block, and concrete construction
