Daytona Beach Mixed-Use
For Sale
Contact for pricing
526 Mason Avenue, Daytona Beach, FL 32117
Mixed-use property suitable for retail, office, and commercial purposes.
Property Size5,341 SF
Price / SF$135.74
Days on Market715
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Property Features for 526 Mason Avenue
General Information
Standard status
Active
Size
5,341 SF
Property subtype
Mixed Use, Special Purpose, Retail, Hospitality, Industrial, Office, Land, Multifamily
Building Details
Year Built
1961
Listing Agency:
Ray Joy Realty LLC
Listed By:
Ray Joy · License #FL
(386) 401-1000
Source:
Crexi
Added: Oct 31, 2024
Changed: Oct 7
Last Checked: Oct 14 at 9:40PM
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 Ray Joy Realty LLC
Investment Insights
Based on property information with market context.
This mixed-use property in Daytona Beach, Florida, encompasses 5,341 square feet and is suitable for a wide range of retail sales and service uses. These include florists, jewelry stores, gift shops, department and variety stores, furniture stores, and home and building supply centers. The property also accommodates auto-oriented uses such as gas stations, vehicle repair and servicing, vehicle sales or rental, taxi or limousine service facilities, and drive-in or drive-through businesses. Furthermore, the location is suitable for adult uses, commercial docking facilities, multifamily residential development, and institutional uses, as well as limited commercial uses, generally as special uses.
Key Highlights
- Wide range of retail sales and service uses permitted, offering diverse business opportunities.
- Auto‑oriented uses such as gas stations and vehicle repair are allowed.
- Accommodates adult uses.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,975
Cap Rate
9.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,319,500
$1.3M
Cap Rate 7%
$942,500
$942.5K
Cap Rate 9%
$733,056
$733.1K
Market Conditions
NOI Build-Up for 5,341 SF
Gross rent
$115.4K $21.60/SF
− Vacancy
−$9.8K −$1.84/SF
EGI
$105.6K $19.76/SF
− OpEx
−$39.6K −$7.41/SF
NOI
$66.0K $12.35/SF
Area
Volusia County, FL
Vacancy
8.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,319,500
Cap Rate 7%
$942,500
Cap Rate 9%
$733,056
Alternative Uses
Best Use
Office B
$1.14M
$1.00M – $1.33M
NOI $80,035 @ 7.0% cap · market cap 11.04%
Second Best
Mixed Use
$942.5K
$824.7K – $1.10M
NOI $65,975 @ 7.0% cap · market cap 9.10%
Theoretical Best
Office A
$1.57M
$1.38M – $1.84M
NOI $110,238 @ 7.0% cap · market cap 15.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
988
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property suitable for retail, office, and commercial purposes.
Where is this mixed-use property located?
The property is located at 526 Mason Avenue Daytona Beach, FL.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Wide range of retail sales and service uses permitted, offering diverse business opportunities.; Auto‑oriented uses such as gas stations and vehicle repair are allowed.; Accommodates adult uses.
