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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    526 Mason Ave Daytona Beach, FL 32117

    • Warehouses
    • 5,341 SF
    • 0.30 lot acres
    For Sale
    View listing
    $800,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US19-0709842
    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

    • Moto Stop Daytona / Motorcycle Repair Shop
    • service solutions / Pressure Washing Service

    Property Details for 526 Mason Ave

    Year built
    1961
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.30 lot acres
    Property size
    5,341 SF
    Property type
    Warehouses
    APN
    4244-01-34-0019
    APU
    424401340019

    Description

    This Daytona Beach, Florida property at 526 Mason Avenue presents a unique investment opportunity. The 5,341 square foot mixed-use building, constructed in 1961, sits on a 12,920 square foot lot and offers a diverse range of potential uses. The property's zoning allows for a wide variety of retail businesses, including shops, furniture stores, and home supply centers. It also accommodates auto-related businesses such as gas stations and repair shops. Further permitted uses include adult entertainment establishments, multifamily residential development, and institutional uses. The property's versatility makes it suitable for a variety of business models, from a single large tenant to multiple smaller businesses. Its location in Daytona Beach, Florida, offers access to a significant population base and tourist traffic. The asking price is $800,000. This property is ideal for investors seeking a flexible and high-return investment in a dynamic market. The substantial lot size offers potential for future expansion or redevelopment. The property's diverse zoning allows for a wide range of possibilities, making it an attractive option for both experienced and new investors. Consider the potential for significant rental income or the development of a unique business concept within this versatile space. The property's history and location provide a solid foundation for future growth and profitability.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $350,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $572,000
      Market price range: $287k - $1.06M
      AI Estimate
      $548,000
      Market price range: $288k - $1.08M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Daytona Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.0348
    Latitude
    29.2254
    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
    $5,618
    $54,910
    $258,432
    $313,342
    -
    $54,910
    $258,432
    $313,342

    Comparable in this City

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      1762 State Ave

      WAREHOUSE, STORAGE • 1,170 SF
      1762 State Ave, Daytona Beach, FL 32117-1748
      View Details
    • Value Estimation
      $270,000
      1,170 SF

      1776 State Ave

      WAREHOUSE, STORAGE • 1,170 SF
      1776 State Ave, Daytona Beach, FL 32117-1748
      View Details
    • Value Estimation
      $225,000
      1,400 SF

      952 Teresa St

      WAREHOUSE, STORAGE • 1,400 SF
      952 Teresa St, Daytona Beach, FL 32117-4725
      View Details
    • Value Estimation
      $1,190,000
      49,380 SF

      831 Bill France Blvd

      WAREHOUSE, STORAGE • 49,380 SF
      831 Bill France Blvd, Daytona Beach, FL 32117-5171
      View Details
    • Value Estimation by Request

      1115 Enterprise Ct

      Distribution properties
      1115 Enterprise Ct, Daytona Beach, FL 32117
      View Details
    • Value Estimation by Request
      10,821 SF

      607 3rd St

      WAREHOUSE, STORAGE • 10,821 SF
      607 3rd St, Daytona Beach, FL 32117-4226
      View Details

    Similar Nearby for Sale

    • $800,000
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      Daytona Beach Multi-Use Property

      Versatile 5,341 sq ft building, many uses.
      526 Mason Ave, Daytona Beach, FL 32117
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    • $1,600,000
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      Daytona Beach Industrial Property

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      Daytona Beach Warehouse - $449,900

      3,750 SF Warehouse, Great Potential
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    • $895,000
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      Daytona Beach Commercial Building

      6,880 SF building with retail, office, and warehouse space.
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    • $800,000
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      Daytona Beach Mixed-Use Investment

      5,341 SF Multi-Use Property, High Potential
      526 Mason Ave, Daytona Beach, FL 32117
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    Similar Nearby for Lease

    • $0.01 SF/Yr
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      Mason Avenue Warehouse Opportunity

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    • $4,667 /Mo
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      Daytona Beach Commercial Space Available

      4,000 SF commercial space for lease in Daytona Beach.
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    • $15 SF/Yr
      14,614 SF

      Daytona Beach Warehouse For Lease

      14,614 SF Freestanding Warehouse, Ready Now
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    • $11 SF/Yr
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      Holly Hill Industrial Warehouse

      Versatile 4,130 SF Warehouse in Holly Hill, FL
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      Daytona Warehouse Spaces For Lease

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    526 Mason Ave
    Daytona Beach, FL 32117
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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