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Investment Highlights

  • Extremely busy main road in Daytona Beach with easy access to property. Adjacent railroad tracks, Possibility of a spur.
  • 8 open garages with roll up doors.

Executive Summary

This property is in a federal Opportunity Zone providing exceedingly large tax benefits under the OBBBA (One Big Beautiful Bill Act). Hold 10 years and pay ZERO taxes on all appreciation. .

Owner will hold a note with $250,000 down for 5 years at 7.0% amortized over 15 years. 60 days Due Diligence.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $78,580 $11.73
Other Income - -
Vacancy Loss - -
Effective Gross Income $78,580 $11.73
Taxes - -
Operating Expenses - -
Total Expenses $7,477 $1.12
Net Operating Income $71,103 $10.61

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $78,580
Annual Per SF $11.73
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $78,580
Annual Per SF $11.73
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $7,477
Annual Per SF $1.12
Net Operating Income (CAD)
Annual $71,103
Annual Per SF $10.61

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Auto Repair
Building Size
7,100 SF
Building Class
C
Year Built
1972
Price
$1,226,452 CAD
Price Per SF
$172.74 CAD
Cap Rate
6.67%
NOI
$81,804 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
0.58 AC
Zoning
M-1 - M1 Uses include auto repairs, tire sales, garage, and storage Federal Opportunity Zone provides possible tax forgiveness on subsequent sale.
Frontage
173’ on Segrave and Mason

Amenities

  • Corner Lot
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Krystal
Buddy's Home Furnishings
Toyota
Checkers

Property Taxes

Property Taxes

Parcel Number
5338-08-00-0730
Land Assessment
$151,301 CAD (2026)
Improvements Assessment
$295,498 CAD (2026)
Total Assessment
$446,799 CAD (2026)
  • Listing ID: 28883281

  • Date on Market: 2023-06-29

  • Last Updated:

  • Address: 401 Mason Ave, Daytona Beach, FL 32117

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