Multi Parcel Investment Property-Solid
1520 N. Nova Road, Daytona Beach, Florida 32117
Sold: $1,050,000
Property Details
Property Type
Improved property
Building Type
Freestanding
Building Size
8,719 sqft
Land Size
1.33 acres
Sewer
Septic
Water
City
Zoning
B-4
Electric
FPL
Year Built
1959
A D D T
30000
Construction
Block
Property Description
8.5% Cap Rate SOLID Income Producing Investment Property. 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 consistent income. Property is located in B-4 Zoning for plenty of flexibility in uses. Turn Around Lane in front of property for easy north bound access. 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 attachment for B-4 Zoning Uses. Proforma Attached! Parcel ID's 4244-01-04-0095, 4244-01-04-0100
Location
Contact
Dan Lyonnais, CCIM
Adams Cameron & Co., Realtors-Commercial Division
Office: (386) 852-7932
[email protected]