Flex Space with Glass
For Sale
$239,000
925 Beville Road 5, South Daytona, FL 32119
The unit combines private offices, a meeting area, a kitchen, and warehouse access for flexible workspace configuration.
Property Size1,250 SF
Price / SF$191.20
Days on Market23
Property Features for 925 Beville Road 5
General Information
Standard status
Active
Size
1,250 SF
Property subtype
Mixed Use
Additional Details
Property Use
Office/Warehouse
Taxes and HOA fees
Annual Taxes
$3,101
Amenities
Reserve Parking
Kitchen
Meeting Area
Building Details
Building Size
1,250 SF
Year Built
2006
Listing Agency:
Coastal Ventures Real Estate
Listed By:
Ashley Flatley · License #3361969
(904) 315-8547
Source:
Coastalventures
Added: Oct 5
Changed: Oct 27
Last Checked: Oct 27 at 3:27AM
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 Coastal Ventures Real Estate
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Investment Insights
Based on property information with market context.
This flex space offers a combination of private offices and warehouse area, with a glass storefront. Interior features include a bathroom, kitchen, and meeting area. The unit measures 1,250 square feet and has 14-foot doors, supporting a mix of office and storage functions within one space.
Built in 2006, the property is part of Twin Fountain Business Park at 925 Beville Road, Unit 5, in South Daytona, Florida. Reserved parking is included.
Built in 2006, the property is part of Twin Fountain Business Park at 925 Beville Road, Unit 5, in South Daytona, Florida. Reserved parking is included.
Key Highlights
- 1,250‑square‑foot flex space
- Glass storefront with private offices and warehouse area
- 14‑foot doors
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
Explore this area
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 - The unit combines private offices, a meeting area, a kitchen, and warehouse access for flexible workspace configuration.
Where is this flex space located?
The property is located at 925 Beville Road 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‑foot flex space; Glass storefront with private offices and warehouse area; 14‑foot doors
