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Property profile

1420 Mason Ave Daytona Beach, FL 32117

OFF-MARKET
Investment properties
Property ID
US19-0805306
7,492 SF 0.67 ac lot Built 1987
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 7,530 square foot multi-tenant commercial building in Daytona Beach, Florida, presents a unique investment opportunity. Located at 1420 Mason Ave, this property boasts three units, each with separate storefront access and utilities, offering significant flexibility for various uses. The building features a desirable brick exterior for low-maintenance upkeep, and has recently undergone several key improvements, including new electric panels (2023), roof resealing (2022), and A/C unit replacements (2017-2020). The 0.67-acre lot (APN 3240189) is zoned 02T4 and offers excellent visibility with a large sign and convenient left-hand turn lane. Its strategic location provides easy access to major roadways including I-95, I-4, US 92, and the LPGA Boulevard interchange, placing it within minutes of Daytona International Airport, the Speedway, and Halifax Health Hospital. The property's proximity to a proposed new Assisted Living Center and existing medical offices further enhances its appeal. The asking price is $1,150,000, with owner financing a possibility. The net rentable square footage is 7,492 square feet, resulting in a price per square foot of $157. Built in 1987, this property offers a compelling blend of established infrastructure and modern upgrades, making it an ideal investment for discerning buyers.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1987
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,492 SF
Lot 0.67 ac (29,000 SF)
Zoning code T4
APN 5211-23-00-0040
UPID US19-0805306

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Drug Testing Service
  • High School
  • Counselor

Location

1420 Mason Ave Daytona Beach, FL 32117-7801
Daytona Beach metro Census 81702 DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.06M
Blend (final) Blend
$360k

Owner & transaction history

since 2025
Last sale
$750,000
3 recorded transactions
2025
$750,000
2006
$825,000
2004
$550,000

Zoning & alternative use

T4 · Daytona Beach, FL
Top alternative use upside
Restaurant $1.6M +10.1%
Neighborhood: shopping center $1.6M +8.8%
Medical building $1.5M +0.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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