Flex Space With
For Sale
$239,000
925 BEVILLE RD #5, South Daytona, FL 32119
A glass-front office area is paired with a separate high-ceiling warehouse and roll-up door.
Property Size1,250 SF
Price / SF$191.20
Days on Market43
Property Features for 925 BEVILLE RD #5
General Information
Standard status
Active
Size
1,250 SF
Property subtype
Business
Warehouse & Industrial
Warehouse Space
625 SF
Office Build-Out
625 SF
Taxes and HOA fees
Annual Taxes
$3,101
Building Details
Building Size
1,250 SF
Year Built
2006
Listing Agency:
KINCAID REALTY
Listed By:
Roger Kincaid · License #3027673
(386) 420-7800
Source:
Coastalventures
Added: Sep 15
Changed: Oct 26
Last Checked: Oct 26 at 4:00PM
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 KINCAID REALTY
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Investment Insights
Based on property information with market context.
This 1,250-square-foot flex unit combines office and warehouse areas in one suite. The office portion measures approximately 625 square feet and includes two offices, a meeting area, a small kitchen, and a bathroom. A glass storefront faces the office space, while a roll-up door serves the adjoining 625-square-foot warehouse area, which has high ceilings. Built in 2006, the unit is vacant.
The property is part of Twin Fountains Business Center, a 13-suite commercial center in South Daytona. The center is approximately 3 miles from I-4 and I-95. Other businesses at the center include an auto tag business, laundromat, nail salon, and medical center.
The property is part of Twin Fountains Business Center, a 13-suite commercial center in South Daytona. The center is approximately 3 miles from I-4 and I-95. Other businesses at the center include an auto tag business, laundromat, nail salon, and medical center.
Key Highlights
- 1,250 square feet total, divided between office and warehouse areas of approximately 625 square feet each
- Office area includes two offices, a meeting area, small kitchen, and bathroom
- Warehouse space has high ceilings and a roll‑up door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,096
Cap Rate
5.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$281,920
$281.9K
Cap Rate 7%
$201,371
$201.4K
Cap Rate 9%
$156,622
$156.6K
Market Conditions
NOI Build-Up for 1,250 SF
Gross rent
$23.7K $18.96/SF
− Vacancy
−$2.0K −$1.61/SF
EGI
$21.7K $17.35/SF
− OpEx
−$7.6K −$6.07/SF
NOI
$14.1K $11.28/SF
Area
Volusia County, FL
Vacancy
8.50%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$281,920
Cap Rate 7%
$201,371
Cap Rate 9%
$156,622
Alternative Uses
Best Use
Flex RnD
$201.4K
$176.2K – $234.9K
NOI $14,096 @ 7.0% cap · market cap 5.90%
Second Best
Warehouse
$143.6K
$125.7K – $167.6K
NOI $10,053 @ 7.0% cap · market cap 4.21%
Theoretical Best
Office A
$368.6K
$322.5K – $430.0K
NOI $25,800 @ 7.0% cap · market cap 10.79%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
906
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 32119, FL
22,498
Population
12,629
Households
1.8
Avg Household Size
50
Median Age
27%
College-Educated
91%
High-School Grad
7.8 sq mi
ZIP Area
2,884
Density / Sq Mi
$53,795
Median Household Income
$37,675
Median Earnings
$1,371
Median Rent
$215,200
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Cravings To Go — 933 Beville Rd Unit 102C, South Daytona, FL 32119
Frequently Asked Questions
What type of property is this?
Flex space - A glass-front office area is paired with a separate high-ceiling warehouse and roll-up door.
Where is this flex space located?
The property is located at 925 BEVILLE RD #5 South Daytona, 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: 1,250 square feet total, divided between office and warehouse areas of approximately 625 square feet each; Office area includes two offices, a meeting area, small kitchen, and bathroom; Warehouse space has high ceilings and a roll‑up door
