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- LoopNet Team
1108-1286 N Nova Rd
Daytona Beach, FL 32117
Retail Property For Sale
Investment Highlights
- $84 PSF (Below Replacement Cost)
- Tax Incentives for the Opportunity Zone
- Potential In-House Financing
PROPERTY FACTS
Amenities
- Pylon Sign
- Signage
About 1108-1286 N Nova Rd , Daytona Beach, FL 32117
28,547 SF Multi-Tenant Retail Center on 2 Acres of Land Retail or Office Uses Permitted, Building and Pylon Signage Excellent Opportunity to Obtain a Multi-Tenant Investment with Strong 40% Upside City of Daytona Beach with New Roof, Paint, Pylon Sign and Sealcoat in 2017-2020 Tenants have Long Term Leases and have paid for their own Buildout Potential In-House Financing Available (See Broker for Details) Current Income Services the Debt with Strong Value Add Opportunity Only 4 Vacant Units Totaling 11,478 SF for Income Upside Potential Tax Incentives for the Opportunity Zone https://www.brightimpact.com/opportunity-zones/ Sales Price: $2,400,000 $84 PSF (Below Replacement Cost) 8% Cap Rate @ 59% Occupancy 40% Upside Potential NDA required for financials
PROPERTY TAXES
| Parcel Number | 4244-01-20-0072 | Improvements Assessment | $1,858,437 |
| Land Assessment | $393,494 | Total Assessment | $2,251,931 |
PROPERTY TAXES
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