For SaleMixed UseActive
556 Mason Avenue
Daytona Beach, FL 32117
$1,175,000
10 Days On Site
- 7,200Sq Ft
- $163Per Sq Ft
- 2.41Acres
- 1953Built
- Subdivision
- Mason & Carswells Holly Hill
- County
- Volusia
- MLS®
- O6453154
Overview
Commercial Real Estate Professionals, Inc. and Mark Allen, CCIM are pleased to present this stand-alone building for sale for a Direct Principal Buyer purchasing as an Investment Property with an 8.07 percent (+-) CAP RATE on a Long-Term Lease -- GREAT CASH FLOW!!
This site is approved for commercial/automotive use, over 8,600(+-) SF total (Multiple buildings), and sits on over 2.4(+-) Acres with over $150,000(+-) in Renovations.
The Existing Tenant has an 11-year NNN Lease currently at $7,906/month (2026), 3 percent annual escalation (excluding final year 2035).
There is still over 9 years remaining on the Lease (11-year lease). The Lease is a NNN lease. Tenant pays property taxes and insurance. There is a 3 percent Annual Increases until 2034. There is no increase on the last year 2035 (rent is the same in 2035 as it is in 2034). Rent increases are in February of each year.
Listing Snapshot
- Price
- $1,175,000
- Days On Site
- 10 Days
- Bedrooms
- N/A
- Inside Area (SqFt)
- 7,200 sqft
- Total Baths
- N/A
- Full Baths
- N/A
- Partial Baths
- 0
- Lot Size
- 2.41 Acres
- Year Built
- 1953
- MLS® Number
- O6453154
- Status
- Active
- Property Tax
- $9,696.38 (2025)
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- Public Records
Property Details
General Features
7 items
- Acres
- 2.41
- Foundation
- Block
- Number Of Stories
- 1
- Property Sub Type
- Mixed Use
- SqFt Total
- 7,200
- Utilities
- Electricity Available, Phone Available, Water Connected
- Water Source
- None
Interior Features
1 item
- Cooling
- Central Air
Exterior Features
2 items
- Construction Details
- Block
- Road Frontage
- City Street
Community Features
4 items
- MLS Area
- 32117 - Daytona Beach
- Township
- 14S
- Financing Terms Available
- Lease Back
- Roads
- Asphalt
Location
556 Mason Avenue, Daytona Beach, FL 32117 · 32117 - Daytona Beach
Neighborhood & Commute
ZIP Code 32117
- Median household income
- $50,012
- Income per person
- $29,406
- Households
- 13,549
- Average household size
- 2.21
- Median age
- 44.7
Source: Walk Score.
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Price & Status History
- Listing updated with changes from the MLS®
- Status changed to Active
- Listing first seen on site
Friends & Family
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