Financial
Distress signals
Property profile

550 Parque Dr Ormond Beach, FL 32174

OFF-MARKET
Warehouses
Property ID
US18-5361261
5,430 SF 0.41 ac lot Built 1961
Last sale Jun 2024 · $555,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$254k
Assessed land$51k
Assessed improvement$204k
Effective rate1.63%

Value estimate

· Sep 2026
$555k
$500k – $611k
AI approach$555k
CAP approach$670k
Sales comparison$400k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$123/SF
ZIP average, outlier-cleaned · 60 recorded sales of this use type
Observed band · Q1–Q3$74 – $195
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I1
JurisdictionVOLUSIA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency23.2
Law Firm22.0
Dental Office21.9

Location

550 Parque Dr Ormond Beach, FL 32174-7703
County assessor Recorded deeds · 7 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5 Tower, Ormond Beach, FL 32174-8760 $950,000 Jun 2025 8,040 SF
6 Tower, Ormond Beach, FL 32174-8761 $490,000 Nov 2024 3,352 SF
357 Andrews, Ormond Beach, FL 32174-5209 $155,000 May 2024 3,600 SF
916 Us Hwy 1st, Ormond Beach, FL 32174-4564 $300,000 Apr 2024 2,150 SF
131 Business Ctr, Ormond Beach, FL 32174-6625 $5,125,000 Oct 2023 12,000 SF
826 Hull, Ormond Beach, FL 32174-2904 $1,050,000 Jun 2023 6,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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