Freestanding Retail
For Sale
$289,000
833 MASON Avenue, Daytona Beach, FL 32117
SINGLE_FAMILY - DAYTONA BEACH, FL
Property Size1,725 SF
Lot Size0.17 Acres
Price / SF$167.54
Days on Market101
Property Features for 833 MASON Avenue
General Information
Property type
Residential
Property subtype
Retail
Zoning
COMMERCIAL
Subdivision
EDWARDS BLK 16 KINGSTON
Directions
ISB East to Nova Road North to Mason East on Mason
Standard status
Active
APN
5338-62-00-0130
Size
1,725 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
38-15-33 LOT 13 EXC R/W EDWARDS SUB MB 7 PG 87 MB 21 PG 93 OF KINGSTON MB 3 PG 95 MB 15 PG 194 PER OR 5287 PG 2714 PER OR 5537 PG 1428 PER OR 5604 PG 3061 PER OR 6466 PG 4362 PER OR 6636 PGS 2565-2566 PER OR 6703 PG 4025 PER OR 7791 PG 2259 PER OR 78 54 PG
Tax Annual Amount
2146
Legal Description
38-15-33 LOT 13 EXC R/W EDWARDS SUB MB 7 PG 87 MB 21 PG 93 OF KINGSTON MB 3 PG 95 MB 15 PG 194 PER OR 5287 PG 2714 PER OR 5537 PG 1428 PER OR 5604 PG 3061 PER OR 6466 PG 4362 PER OR 6636 PGS 2565-2566 PER OR 6703 PG 4025 PER OR 7791 PG 2259 PER OR 78 54 PG
Utilities
Cooling system
Central Air
Building Details
Year built
1959
Building materials
Brick, Concrete
Listing Agency:
ADAMS, CAMERON & CO., REALTORS
(386) 738-1920
Listed By:
Daniel Lyonnais · License #3196672
(386) 852-7932
Added: May 5
Changed: Jul 29
Last Checked: Aug 13 at 12:06PM
MLS# V4948932
Copyright © 2026 Stellar MLS. 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 freestanding block building offers an open floor plan with office, backroom, and restroom. The property includes a new AC system and totals 1,725 square feet.
Located on Mason Avenue in Daytona Beach, the site is on a busy corridor with 18,300 AADT. BA zoning is noted as allowing for many uses, including retail-oriented and service uses such as adult bookstore, animal grooming/vet, motor vehicle sales and service, office, package store, and martial arts, among others. Please review the attached documents for further details.
Located on Mason Avenue in Daytona Beach, the site is on a busy corridor with 18,300 AADT. BA zoning is noted as allowing for many uses, including retail-oriented and service uses such as adult bookstore, animal grooming/vet, motor vehicle sales and service, office, package store, and martial arts, among others. Please review the attached documents for further details.
Key Highlights
- 1725 SF free‑standing block building with open floor plan
- Central air and new AC
- Brick 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
$16,247
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
5.62%
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%
$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
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
$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 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%
$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 5.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$508.6K
$445.1K – $593.4K
NOI $35,604 @ 7.0% cap · market cap 12.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
18,300 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
812
Businesses Nearby
153k
Monthly Visits Nearby
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Freestanding block retail building with open floor plan, office and backroom, plus new AC.
Where is this retail space located?
The property is located at 833 MASON Avenue Daytona Beach, FL.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: 1725 SF free‑standing block building with open floor plan; Central air and new AC; Brick and concrete construction
