660 Mason AveDaytona Beach, FL 32117

Property Details for 660 Mason Ave

Year built

1960

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.34 AC

Property size (Sq ft)

19,890 SF

Property type

Retail properties

Property subtype

Retail space

APN

4244-01-34-0038

APU

424401340038

Description

This 19,890-square-foot warehouse in Volusia County presents a unique build-to-suit opportunity for a discerning tenant. Originally constructed in 1960, the property is currently undergoing renovations and offers significant potential for redevelopment. Situated on a spacious 2.34-acre lot, the single-tenant building is ideally suited for a variety of uses. The owner is actively working to enhance the property's security with new fencing. Potential uses include, but are not limited to, boat and RV storage (both indoor and outdoor), automotive retail, and other indoor and outdoor storage applications. The owner is highly motivated to collaborate with a suitable tenant to tailor the space to their specific needs and requirements, making this a truly flexible and adaptable industrial property. This is a prime opportunity to secure a well-located warehouse with significant upside potential in a growing area. The property's size and location make it an attractive option for businesses seeking a substantial footprint in Volusia County. The owner's willingness to work with tenants on redevelopment ensures a customized solution to meet individual business needs. Don't miss this chance to secure a prime industrial space with significant redevelopment potential.

• CAP approach

  CAP return

  Valuation

  6%

  $5,357,608

  6.5%

  $4,945,484

  7%

  $4,592,236

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,193,762

  Geo Method

  $5,595,208

• Alternative Use

  Use

  Valuation

  Residential

  $4,171,701

  Hospitality

  $3,821,256

  Educational

  $3,179,240

  Medical

  $3,288,579

  Retail

  $4,945,484

Location Insight

City

Daytona Beach

County

Volusia

State

Florida

Latitude

29.2237

Longitude

-81.0393

CBSA code

19660

CBSA name

DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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