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Property profile & analytics
FOR SALE
Warehouses
517 Mason Ave Daytona Beach, FL 32117
Entity Owned
1-yr Hold
Free & Clear
Property ID
US19-0556141
For Sale
1 / 88
$1,600,000
517 Mason Ave, Daytona Beach, FL 32117
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Property summary
AI-generated overview
This Daytona Beach industrial property, listed at $1,500,000, offers 10,505 square feet across two buildings on a 1.17-acre lot. The property features M-1 zoning and is situated on 517 Mason Ave, Volusia County, FL 32117. Built in 1980, the property includes a 600 square foot Avis lease (2007) within Building 1, encompassing general offices, a production room, and warehouse space. Building 2 provides additional space including a supply room and paint booth. The property boasts a fully fenced yard with rear access to Mason and Kingston Avenues, and benefits from 3-phase heavy power. Note that an established sign business operating on the property may be excluded from the sale
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,312 SF
Lot
0.99 ac (43,100 SF)
Zoning code
M1
APN
5338-01-13-0016
UPID
US19-0556141
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Budget Car Rental Car Rental Facility
-
Avis Car Rental Car Rental Facility
-
Central Signs (Bike/Boat/Book/etc) Store Printing Service
-
Certified Signage Inc Building Supply Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$655k
Comparable Approach
Comparable
$1.06M
Blend (final)
Blend
$915k
Owner & transaction history
Rojo Investors LLC · 1 yrs held
Rojo Investors LLC
since 2025
Last sale
$900,000
4 recorded transactions
Zoning & alternative use
M1 · Daytona Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.3M
+114.1%
Restaurant
$1.1M
+84.9%
Neighborhood: shopping center
$1.1M
+82.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Daytona Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Daytona Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$710,000
6.5%
$655,000
7%
$610,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$615,000
Current use
AUTO REPAIR, GARAGE
$1,320,000
Change: +114% · Conversion: Easy
RESTAURANT
$1,140,000
Change: +85% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,125,000
Change: +83% · Conversion: Moderate
MEDICAL BUILDING
$1,040,000
Change: +69% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,035,000
Change: +68% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$635,000
Change: +3% · Conversion: Easy
RETAIL STORES
$625,000
Change: +1% · Conversion: Moderate
Blend value · Realmo final
$915k
Range $824k – $1.01M · ±10% · vs last sale $900k (Mar 23 2025)
Last sale anchor
$900k
Mar 23 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$172 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$10,893
Tax year 2023
Assessed value
$607,613
Assessed 2023
Previous assessed
$559,492
+8.6% YoY
Effective rate
1.79%
On assessed value
Assessed land
$137,381
Assessed improvement
$470,232
Land market value
$137,381
Improvement market value
$470,232
Total market value
$607,613
Applied tax rate
204.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
3
Total area
5,312 SF
Lot
0.99 ac (43,100 SF)
Zoning code
M1
APN
5338-01-13-0016
UPID
US19-0556141
Jurisdiction
VOLUSIA
Zoning & alternative use
M1 · Daytona Beach, FL
Zoning M1 · permitted uses
M1 · Daytona Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Daytona Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$615,000
AUTO REPAIR, GARAGE
Est. value
$1.3M
RESTAURANT
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$1.0M
INDUSTRIAL (GENERAL)
Est. value
$635,000
RETAIL STORES
Est. value
$625,000
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
3
Lot
0.99 ac
Current owner
From public records · entity-resolved
Rojo Investors LLC
Entity
Free & Clear · 1 yrs held
Mailing address
517 MASON AVE, DAYTONA BEACH, FL 32117-4872
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 23, 2025
$900,000
Rojo Investors LLC
Central Signs LLC
Warranty Deed
—
Jun 7, 2019
$1,150,000
Central Signs LLC
Charles L Cameron
Warranty Deed
$3,297,000 · Synovus Bank
May 25, 2005
$440,000
Charles L Cameron
George R Surrency
Warranty Deed
—
—
—
Charles L Cameron
—
Deed Of Trust
related
$231,000 · Wells Fargo Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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