Collision Repair Center with Real
For Sale
Contact for pricing
720 S NOVA RD, Daytona Beach, FL 32114
Turnkey collision repair facility with shop bays, office space, and vehicle storage in a high-visibility traffic-exposed setting.
Property Size5,220 SF
Price / SF$231.25
Days on Market53
Property Features for 720 S NOVA RD
General Information
Standard status
Active
Size
5,220 SF
Property subtype
Mixed Use
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$7,478
Building Details
Building Size
5,220 SF
Year Built
1984
Listing Agency:
COLDWELL BANKER COAST REALTY
(386) 756-9999
Listed By:
Tom Grasberger · License #3261995
Source:
Thefullerproperties
Added: Jul 3
Changed: Aug 24
Last Checked: Aug 23 at 7:14AM
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 COLDWELL BANKER COAST REALTY
Investment Insights
Based on property information with market context.
This turnkey collision repair operation, Rachel's Collision Center of Daytona, includes both the business and the real estate. The facility is built to support high-volume work, with shop bays plus buildings and office space, and it includes areas used for paint work and vehicle storage. The property also features a professional office and reception area for customers, supporting both day-to-day operations and customer intake.
Located at 720 S Nova Rd in Daytona Beach, the site benefits from a high-visibility commercial setting with strong traffic exposure. The business is described as having an established customer base and a solid local reputation for workmanship and service.
For an owner-operator, this configuration can support expanded collision repair and refinishing workflows on-site, with vehicle storage integrated into the operating plan. For a buyer evaluating an automotive services platform, the offering combines an established, turnkey business with a sizable collision repair facility that includes office and reception space alongside shop bay capacity.
Located at 720 S Nova Rd in Daytona Beach, the site benefits from a high-visibility commercial setting with strong traffic exposure. The business is described as having an established customer base and a solid local reputation for workmanship and service.
For an owner-operator, this configuration can support expanded collision repair and refinishing workflows on-site, with vehicle storage integrated into the operating plan. For a buyer evaluating an automotive services platform, the offering combines an established, turnkey business with a sizable collision repair facility that includes office and reception space alongside shop bay capacity.
Key Highlights
- Rachel's Collision Center of Daytona—collision repair business with the real estate included
- Over 8,000 sq ft of shop bays plus office space for collision repair and paint work
- Facility includes vehicle storage, supporting high‑volume operations
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
$75,348
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
4.07%
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%
$1,506,960
$1.5M
Cap Rate 7%
$1,076,400
$1.1M
Cap Rate 9%
$837,200
$837.2K
Market Conditions
NOI Build-Up for 8,000 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
$120.0K $15.00/SF
− Vacancy
−$12.4K −$1.55/SF
EGI
$107.6K $13.46/SF
− OpEx
−$32.3K −$4.04/SF
NOI
$75.3K $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%
$1,506,960
Cap Rate 7%
$1,076,400
Cap Rate 9%
$837,200
Alternative Uses
Best Use
Retail
$1.08M
$941.9K – $1.26M
NOI $75,348 @ 7.0% cap · market cap 4.07%
Second Best
Industrial
$680.4K
$595.4K – $793.8K
NOI $47,628 @ 7.0% cap · market cap 2.57%
Theoretical Best
Office A
$2.36M
$2.06M – $2.75M
NOI $165,120 @ 7.0% cap · market cap 8.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
464
Businesses Nearby
15k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 93%
Home Improvements & Furnishings 7%
Sunoco
Shops & Services
14,176 visits/mo
0.3 miles
Sherwin-Williams Paint Store
Home Improvements & Furnishings
1,081 visits/mo
0.2 miles
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 Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- All Things Mechanical — 902 S Nova Rd, Daytona Beach, FL 32114
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- Savino Automotive Inc — 744 S Nova Rd, Daytona Beach, FL 32114
- MGS Auto Works — 1575 Aviation Center Pkwy #434, Daytona Beach, FL 32114
- Empire Detailing & Window Tint — 1575 Aviation Center Pkwy Suite 411-413, Daytona Beach, FL 32114
Frequently Asked Questions
What type of property is this?
Auto shop - Turnkey collision repair facility with shop bays, office space, and vehicle storage in a high-visibility traffic-exposed setting.
Where is this auto shop located?
The property is located at 720 S NOVA RD Daytona Beach, FL.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Rachel's Collision Center of Daytona—collision repair business with the real estate included; Over 8,000 sq ft of shop bays plus office space for collision repair and paint work; Facility includes vehicle storage, supporting high‑volume operations
