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    Property profile & analytics
    FOR SALE
    Warehouses

    526 Mason Ave, Daytona Beach, FL 32117

    5,341 SF 0.3 ac lot Built 1961
    Trust Owned 14-yr Hold Absentee Owner Free & Clear
    Property ID
    US19-0709842
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1961
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 5,341 SF
    Lot 0.3 ac (12,920 SF)
    APN 4244-01-34-0019
    UPID US19-0709842
    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
    • Moto Stop Daytona Auto Repair Shop Motorcycle Shop
    • service solutions Landscaping General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $660k
    Comparable Approach Comparable
    $573k
    Blend (final) Blend
    $595k
    Owner & transaction history
    Land Trust Nmf011 · 14 yrs held
    Land Trust Nmf011
    since 2012
    4 recorded transactions
    2012
    $250,000
    2011
    $100,100
    2005
    $440,000
    1999
    $75,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Industrial (general) $640,000 +2.9%
    Retail stores $630,000 +1.4%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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