1520 N Nova Rd - Manufacturing FOR SALE


Daytona Beach, FL 32117- Greater Daytona
$1,400,000 USD
386-852-7932
1520 N Nova Rd, Daytona Beach, FL for Sale
$1,400,000 USD
Manufacturing - FOR SALE
1/23
null | 9.02% Cap Rate

1520 N Nova Rd
Daytona Beach, FL 32117
Greater Daytona


HIGHLIGHTS

  • Heavy Traffic Area
  • 100% Occupied
  • New Roof(s)
  • New Septic(s)
  • Stablized

OVERVIEW

We are pleased to present a multi-parcel offering featuring two parcels with a total of 12 distinct income streams. The diverse tenant base includes a well-established motorcycle repair business with laydown space, a used auto sales operation, an outbuilding with yard space, an 8-unit warehouse building, and a two-story duplex. The property is currently 100% occupied. Significant capital improvements have been made within the last two years, including the replacement of roofs on three major buildings and upgrades to all three septic tanks and their associated leech fields. All major maintenance items have been addressed, making this an ideal opportunity for a 1031 exchange or redevelopment. The property is located in an unincorporated area and benefits from B-5 zoning.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$161 USD /SF

CAP RATE

9.02%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Auto Repair, Warehouse, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

UTILITIES

Lighting, Gas, Water - City

CLEAR CEILING HT

10 Ft

DOCKS

-

DRIVE INS

8

PARKING SPACES

12

LAND DETAILS

LAND ACRES

1.33

LAND SF

57,935

ZONING

B-5

APN/PARCEL ID

4244-01-04-0095,424401040100

ASK ABOUT THIS PROPERTY

Dan Lyonnais, CCIMAdams Cameron & Co., Realtors-Commercial DivisionMore Info
386-852-7932

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Dan Lyonnais, CCIMAdams Cameron & Co., Realtors-Commercial DivisionMore Info
386-852-7932

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.