Technical
Financial
Distress signals
Property profile

401 Mason Ave Daytona Beach, FL 32117

FOR SALE
Gas stations
Property ID
US18-0222889
6,100 SF 0.58 ac lot Built 1972
Entity Owned 6-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional value-add industrial property in Daytona Beach, Florida, presents a compelling investment opportunity. Located at 401 Mason Ave, Volusia County, zip code 32117 (APN 5338-08-00-0730), this property boasts a prime location with outstanding street visibility in a thriving industrial area. The property comprises two single-story buildings totaling 6,500 to 8,000 square feet, constructed in 1972, situated on a substantial 25,454 square foot lot. The buildings feature high ceilings, measuring 15 feet, and are currently occupied by a tire shop business that can vacate within 45 days' notice. The property is offered at an asking price of $950,000 and is classified as a multi-tenant, net lease industrial investment. The absence of loading docks may present opportunities for creative redevelopment or suit specific business needs. This property's strategic location and significant size make it ideal for a variety of manufacturing or auto-related businesses seeking a high-visibility presence in Daytona Beach. The current tenant's impending departure presents a unique chance to acquire a well-positioned asset with significant upside potential. The property's features and location offer a strong foundation for future growth and profitability.

Property profile

Verified
Property type Gas stations
Use group SERVICE STATION (FULL SERVICE)
Year built 1972
Construction WOOD
Total area 6,100 SF
Lot 0.58 ac (25,454 SF)
APN 5338-08-00-0730
UPID US18-0222889

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
  • Auto Parts Store Discount Store

Location

401 Mason Ave Daytona Beach, FL 32117
Daytona Beach metro Census 81500 DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2019
6 recorded transactions
2019
$100
2019
$100
2014
$180,000
2014
$100
2011
$100
2006
$750,000

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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