1520 N Nova Road, Daytona Beach, FL 32117
$1,050,000
Property Type:
Commercial Sale
Square Footage:
8,719
Lot Size (sq. ft.):
44,867
Status:
Closed
Current Price:
$1,050,000
List Date:
5/31/2022
Last Modified:
9/28/2024
Overview
Description
Listing Details MLS# 1060411
General Property Information
- Number Of Units Total
- 12
- Building Area Total
- 8719
- Year Built
- 1959
- Lot Size Acres
- 1.03
- Lot Size Dimensions
- 57,730 S.F.
- Association YN
- No
- Water Body Access YN
- No
- Waterfront YN
- No
- Directions
- I 95 Exit LPGA east to Nova Rd and turn right to Nova Rd 1/4 mile south on west side of road
- Public Remarks
- 8.% Cap Rate! Solid 2-Cash Flowing Income producing properties. 2 parcels include 12 different income streams with plenty of upside. Auto Sales, Motorcycles Repair & Sales, Storage Units and a 2 Tenant occupied House produce a consistent revenue for a perfect income. Property is located in B-5 Zoning for plenty of flexibility in uses. Corner Lot with 350 feet of road frontage on 6 Lane Nova Road. 30,000 AADT. 2nd parcel is 1002 10 St. 44-14-32-01-04-0100. See attachments for Zoning Uses & More
- List Price/SqFt
- 137.63
- Sold Price/SqFt
- 120.43
Property Features
Business Type:
Auto Repair-Specialty; Auto Service; Commercial; Mixed; Professional Service; Retail; Warehouse
Construction Materials:
Block; Brick; Concrete
Cooling:
Central Air
Current Use:
Retail
Existing Lease Type:
Gross
Heating:
Central
Listing Terms:
Lease Option
Owner Pays:
Electricity; Grounds Care; Insurance; Trash Collection; Water
Sale Includes:
Building & Land
Sewer:
Septic Tank
Water Source:
Public
Contract Information
- Listing Contract Date
- 2019-07-25
- Property Sub Type
- Business
Location Tax and Legal
- Street Number
- 1520
- Street Direction Prefix
- N
- Street Name
- Nova
- Street Suffix
- Road
- County
- Volusia
- State
- FL
- Postal Code
- 32117
- MLS Area Major
- 35 - Mason to LPGA E of 95
Status Change Information
- Major Change Timestamp
- 2022-08-20T21:43:57Z
- Major Change Type
- Status Change
- Price Change Timestamp
- 2022-01-24T13:56:01Z
- Contingent Date
- 2022-08-17
- Purchase Contract Date
- 2022-06-29
- Close Date
- 2022-08-19
- Close Price
- 1050000
Historical Information
- Public Historical Remarks 1
- Current Use: Auto & Motor Cycle, Road Type: 6 Lane; Zoning (Text): B-5; Bldg Type/Location: Free Standing; Construction: Metal; Lease Provisions: 3 - 5 Years, Less than 1 Year, Renewal Option; SqFt - Total: 8719.00; Site Improvements: Outbuilding; Confidential Listing: N; % Occupancy: 100.00; Base Lease: 9615.00; Road Frontage: 347.00; Depth: 213.00; Commercial Property Name: Investment/2 Parcels; Financial Package: No; Franchise Opt In: No; Current # Tenant: 12.0000
More Information
Location, Tax, and Legal
- Country
- US
- Parcel Number
- 4244-01-04-0095
- Tax Annual Amount
- 6204
- Tax Year
- 2018
- Tax Legal Description
- N 209 FT OF S 329 FT ON E/S OF E 155.5 FT ON N/S & 150 FT ON S/S &N 180.5 FT OF S 330.5 FT ON W/S OF W 100 FT OF E 255.5 FT ON N/S OF LOT 9 W OF CANAL EXC E 27.3 FT MEAS ON N/L FOR NEW R/W NOVA RD BLK 4 M & C HOLLY HILL MB 2 PG 90 INC PER OR 4726 PGS 3334-3336 PER OR 6643 PG 0093
- Zoning Description
- Industrial
Currently Not Used
- Year Built
- 1959
Construction Materials
- Block
- Yes
- Brick
- Yes
- Concrete
- Yes
Cooling
- Central Air
- Yes
Current Use
- Retail
- Yes
Heating
- Central
- Yes
Listing Terms
- Lease Option
- Yes
Owner Pays
- Electricity
- Yes
- Grounds Care
- Yes
- Insurance
- Yes
- Trash Collection
- Yes
- Water
- Yes
Sewer
- Septic Tank
- Yes
Water Source
- Public
- Yes
Business Type
- Auto Repair-Specialty
- Yes
- Auto Service
- Yes
- Commercial
- Yes
- Mixed
- Yes
- Professional Service
- Yes
- Retail
- Yes
- Warehouse
- Yes
Existing Lease Type
- Gross
- Yes
Sale Includes
- Building & Land
- Yes
Listing Office:
Adams, Cameron & Co., Realtors (Commercial)
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.