Property profile

526 Mason Ave Daytona Beach, FL 32117

FOR SALE
Warehouses
Property ID
US19-0709842
5,341 SF 0.3 ac lot Built 1961
Trust Owned 14-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

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

Current use

Occupant on record · Public records
  • Auto Repair Shop Motorcycle Shop
  • Landscaping General Contractor

Location

526 Mason Ave Daytona Beach, FL 32117
Daytona Beach metro Census 81600 DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$660k
Comparable Approach Comparable
$573k
Blend (final) Blend
$350k

Owner & transaction history

since 2012
4 recorded transactions
2012
$250,000
2011
$100,100
2005
$440,000
1999
$75,000

Zoning & alternative use

Top alternative use upside
Industrial (general) $640,000 +2.9%
Retail stores $630,000 +1.4%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message