Freestanding Storefront with Open Floor
For Sale
$239,000
833 Mason Ave, Daytona Beach, FL 32117
Block construction includes office, backroom, restroom, and newly installed air conditioning.
Property Size1,725 SF
Price / SF$138.55
Days on Market65
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Property Features for 833 Mason Ave
General Information
Standard status
Active
Size
1,725 SF
Zoning
BA
Site & Location
Traffic Count
18,300 vehicles/day
Road Access
Yes
Building Details
Year Built
1959
Buildings
1
Building Size
1,725 SF
Construction
block
Listing Agency:
ADAMS, CAMERON & CO., REALTORS
Listed By:
Daniel Lyonnais · License #3196672
(386) 852-7932
Source:
Livewelltampabay
Added: Aug 12
Changed: Oct 11
Last Checked: Oct 7 at 3:52PM
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 ADAMS, CAMERON & CO., REALTORS
Investment Insights
Based on property information with market context.
This freestanding storefront property offers 1,725 square feet in a block-construction building with an open interior layout. The existing configuration includes an office, backroom, restroom, and new AC, supporting a range of commercial applications.
Positioned at 833 Mason Ave in Daytona Beach, the property records 18,300 AADT along Mason Ave. BA zoning supports uses including adult bookstore, animal grooming or veterinary operations, motor vehicle sales and service, office, package store, and martial arts use. The building was constructed in 1959.
Positioned at 833 Mason Ave in Daytona Beach, the property records 18,300 AADT along Mason Ave. BA zoning supports uses including adult bookstore, animal grooming or veterinary operations, motor vehicle sales and service, office, package store, and martial arts use. The building was constructed in 1959.
Key Highlights
- 1,725 SF freestanding block building
- Open floor plan with office, backroom, and restroom
- New AC installed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,247
Cap Rate
6.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$324,940
$324.9K
Cap Rate 7%
$232,100
$232.1K
Cap Rate 9%
$180,522
$180.5K
Market Conditions
NOI Build-Up for 1,725 SF
Gross rent
$25.9K $15.00/SF
− Vacancy
−$2.7K −$1.55/SF
EGI
$23.2K $13.46/SF
− OpEx
−$7.0K −$4.04/SF
NOI
$16.2K $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 Rate 5%
$324,940
Cap Rate 7%
$232,100
Cap Rate 9%
$180,522
Alternative Uses
Best Use
Retail
$232.1K
$203.1K – $270.8K
NOI $16,247 @ 7.0% cap · market cap 6.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$508.6K
$445.1K – $593.4K
NOI $35,604 @ 7.0% cap · market cap 14.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
18,300 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
812
Businesses Nearby
153k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 41%
Dining 23%
Apparel 14%
Groceries 12%
Wawa
Shops & Services
41,209 visits/mo
0.4 miles
Aldi
Groceries
17,594 visits/mo
0.5 miles
Harbor Freight Tools
Home Improvements & Furnishings
16,209 visits/mo
0.5 miles
City Thrift
Apparel
12,899 visits/mo
0.5 miles
KFC
Dining
10,412 visits/mo
0.3 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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Flamingo Floral Creations — 229 2nd St, Holly Hill, FL 32117
Frequently Asked Questions
What type of property is this?
Storefront property - Block construction includes office, backroom, restroom, and newly installed air conditioning.
Where is this storefront property located?
The property is located at 833 Mason Ave Daytona Beach, FL.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: 1,725 SF freestanding block building; Open floor plan with office, backroom, and restroom; New AC installed
