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    Property profile & analytics

    1396 Nova Rd Daytona Beach, FL 32117-4001

    • Community centers
    • 12,600 SF
    • 0.63 lot acres
    OFF-MARKET
    Value Estimation
    $390,000
    Last Sale
    Sep 13, 2022
    Location Intelligence
    Property ID
    US18-3628306
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Hidden treasures / Internet Cafe

    Property Details for 1396 Nova Rd

    Year built
    1981
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.63 lot acres
    Property size
    12,600 SF
    Zone code
    B5
    Property type
    Community centers
    APN
    5237-06-01-0020
    APU
    523706010020

    Description

    This exceptional 2,415-square-foot retail space is available for lease in Daytona Beach, Florida. Located at 1396 N Nova Rd, Holly Hill, FL 32117, near the cross street of 8th Street, this single-tenant property is part of a larger 12,600-square-foot building constructed in 1981 and extensively renovated in 2023. The space boasts a convenient location within the Daytona Beach submarket, clustered within the Orlando, Florida region. The property features ample parking with 8 spaces available. Zoned B-4, this turnkey space is ideal for a variety of retail businesses. The property's APN is 5237-06-01-0020 in Volusia County. Previously occupied by a liquor store, this space offers a fresh start with modern updates and a strong foundation for immediate occupancy. The single-story building provides easy accessibility and a functional layout. This is a rare opportunity to secure a well-located, recently renovated retail space in a thriving market. Don't miss out on this chance to establish your business in a prime Daytona Beach location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $360,000

    • CAP approach

      CAP return
      Estimation
      6%
      $510,000
      6.5%
      $550,000
      7%
      $545,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $500,000
      Geo Method
      $510,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $535,000
      Retail
      $420,000
      Mixed-Use
      $410,000
      Hospitality
      $405,000
      Educational
      $420,000
      Residential Income
      $400,000
      Energy
      $420,000
      Income-Based Land
      $545,000
      Food Service
      $520,000

    Location Insight

    • Map
    • Local Demand
    City
    Daytona Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.0544
    Latitude
    29.232
    CBSA code
    19660
    CBSA name
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $11,927
    $155,878
    $496,144
    $652,022
    -
    $155,878
    $496,144
    $652,022

    Comparable in this City

    • Value Estimation
      $2,810,000
      26,639 SF

      1210 Nova Rd

      MINI-MALL • 26,639 SF
      1210 Nova Rd, Daytona Beach, FL 32117-4125
      View Details
    • Value Estimation
      $240,000
      8,964 SF

      1729 Ridgewood Ave

      MINI-MALL • 8,964 SF
      1729 Ridgewood Ave, Daytona Beach, FL 32117-5406
      View Details
    • Value Estimation by Request
      7,550 SF

      2071 Lpga Blvd

      MINI-MALL • 7,550 SF
      2071 Lpga Blvd, Daytona Beach, FL 32117-7223
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    • Value Estimation
      $385,000
      10,148 SF

      220 Mason Ave

      MINI-MALL • 10,148 SF
      220 Mason Ave, Daytona Beach, FL 32117-5039
      View Details
    • Value Estimation
      $535,000
      7,662 SF

      622 Mason Ave

      MINI-MALL • 7,662 SF
      622 Mason Ave, Daytona Beach, FL 32117-4835
      View Details
    • Value Estimation
      $225,000
      3,000 SF

      990 Derbyshire Rd

      MINI-MALL • 3,000 SF
      990 Derbyshire Rd, Daytona Beach, FL 32117-2933
      View Details

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      View Details
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    1396 Nova Rd
    Daytona Beach, FL 32117-4001
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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