Freestanding Flex and Light Industrial
New
For Sale
$395,000
535 Ballough Road, Daytona Beach, FL 32114
COMMERCIAL - Daytona Beach, FL
Property Size1,500 SF
Lot Size0.15 Acres
Price / SF$263.33
Days on Market5
Property Features for 535 Ballough Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking features
Parking Lot
Fencing
Chain Link
Lot features
Zero Lot Line
Directions
From US Highway 1, head east on Fairview Road to Ballough Road. Then, go north on Ballough Road to 535 Ballough on the east side of the road.
Subdivision
34 - Daytona ISB to Mason, E of 95
Standard status
Active
APN
5338-18-03-0100
Size
1,500 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
38-15-33 LOT 10 BLK 3 ORANGE ISLAND PARK DAYTONA MB 5 PG 20 MB 22 PG 41 OF COLEMANS DAYTONA MB 1 PG 155 MB 12 PG 33 PER OR 2674 PG 1916
Tax Annual Amount
1189
Legal Description
38-15-33 LOT 10 BLK 3 ORANGE ISLAND PARK DAYTONA MB 5 PG 20 MB 22 PG 41 OF COLEMANS DAYTONA MB 1 PG 155 MB 12 PG 33 PER OR 2674 PG 1916
Building Details
Year built
1972
Floors in Building
1
Flooring type
Vinyl
Building materials
Steel Siding
Listing Agency:
Adams, Cameron & Co., Realtors
(386) 258-5500
Listed By:
Richard McNerney
(386) 679-5037
Added: Jul 27
Changed: Jul 28
Last Checked: Jul 31 at 8:06PM
MLS# 1229095
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.
A freestanding commercial building of approximately 1,500 square feet, constructed in 1972, set up for flexible use. The property includes paved parking and is supported by M-1 zoning, which allows a range of contractor, service, marine, automotive, office, R&D, and light industrial uses.
The building is located within the Ballough Road Redevelopment District. The district is described as a City-supported revitalization corridor intended to encourage reinvestment and adaptive reuse, with supportive review processes and compatibility across commercial, industrial, marine, and service uses. The property is positioned within minutes of Downtown Daytona and the Halifax River.
For buyers seeking a centrally located site within an active redevelopment area, this property offers a straightforward footprint with flexible zoning and parking designed to support light commercial or industrial operations.
The building is located within the Ballough Road Redevelopment District. The district is described as a City-supported revitalization corridor intended to encourage reinvestment and adaptive reuse, with supportive review processes and compatibility across commercial, industrial, marine, and service uses. The property is positioned within minutes of Downtown Daytona and the Halifax River.
For buyers seeking a centrally located site within an active redevelopment area, this property offers a straightforward footprint with flexible zoning and parking designed to support light commercial or industrial operations.
Key Highlights
- Freestanding +/-1,500 SF commercial building built in 1972
- Steel siding exterior and vinyl flooring
- Paved parking with parking lot and chain‑link fencing
Financial Insights For Office B
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 | $32.4k | $21.60 |
| − Vacancy | −$2.4k | −$1.62 |
| EGI | $30.0k | $19.98 |
| − OpEx | −$7.5k | −$5.00 |
| NOI | $22.5k | $14.99 |
1,500 SF · lease $21.60/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$321.1K
$281.0K – $374.6K
NOI $22,478 @ 7.0% cap · market cap 5.69%
Second Best
Flex RnD
$241.6K
$211.4K – $281.9K
NOI $16,915 @ 7.0% cap · market cap 4.28%
Theoretical Best
Office A
$442.3K
$387.0K – $516.0K
NOI $30,960 @ 7.0% cap · market cap 7.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
911
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32114, FL
34,943
Population
17,118
Households
2
Avg Household Size
33
Median Age
19%
College-Educated
89%
High-School Grad
16.0 sq mi
ZIP Area
2,184
Density / Sq Mi
$39,906
Median Household Income
$31,220
Median Earnings
$1,171
Median Rent
$174,900
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Freestanding commercial building with paved parking and flexible M-1 zoning for a range of commercial and light industrial uses.
Where is this flex space located?
The property is located at 535 Ballough Road Daytona Beach, FL.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Freestanding +/-1,500 SF commercial building built in 1972; Steel siding exterior and vinyl flooring; Paved parking with parking lot and chain‑link fencing
