401 Mason Ave Daytona Beach, FL 32117
For Sale
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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.
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Mike's discount tires Auto Parts Store Discount Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.