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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Medical Office Space
1045 Williamsburg Rd Deland, FL 32720-1449
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-3641605
Property summary
AI-generated overview
This single-story, 4,369-square-foot Class B medical office building is available for sale at $899,999. Located in DeLand, Florida, on a 1.05-acre lot (APN 6020-01-00-0010), this vacant property offers significant potential. Built in 1983, the building features seven treatment rooms, two lab rooms ideal for blood tests and specimen analysis, three bathrooms, a lobby, and a kitchen. Ample parking is provided with 22 spaces. The property also boasts pre-installed oxygen lines, a desirable feature for dental practices. Previously used as a dental technician school, this versatile building is zoned for commercial use and presents a unique opportunity for a variety of medical or related businesses. The asking price is $201.39 per square foot of net rentable space (4,369 sq ft). The property's address is 1045 Williamsburg Rd, DeLand, FL 32720.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,369 SF
Lot
1.05 ac (45,738 SF)
Zoning code
PUD-C
APN
6020-01-00-0010
UPID
US18-3641605
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Dr. Melissa Williams Dental Office
-
Family Integrative Medicine Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$525k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$708k
Blend (final)
Blend
$605k
Owner & transaction history
1045 Redeemer Investments LLC · 3 yrs held
1045 Redeemer Investments LLC
since 2023
Last sale
$599,900
4 recorded transactions
Zoning & alternative use
PUD-C · Deland, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$855,000
+5.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Deland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Deland submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$580,000
ML approach
$525,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$815,000
Current use
COMMERCIAL (GENERAL)
$855,000
Change: +5% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$780,000
Change: -4% · Conversion: Difficult
WAREHOUSE, STORAGE
$780,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$605k
Range $545k – $666k · ±10% · vs last sale $600k (Mar 3 2023)
Last sale anchor
$600k
Mar 3 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$138 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$9,882
Tax year 2023
Assessed value
$514,028
Assessed 2023
Previous assessed
$421,934
+21.8% YoY
Effective rate
1.92%
On assessed value
Assessed land
$240,125
Assessed improvement
$273,903
Land market value
$240,125
Improvement market value
$273,903
Total market value
$514,028
Applied tax rate
100.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
2
Total area
4,369 SF
Lot
1.05 ac (45,738 SF)
Zoning code
PUD-C
APN
6020-01-00-0010
UPID
US18-3641605
Jurisdiction
VOLUSIA
Zoning & alternative use
PUD-C · Deland, FL
Zoning PUD-C · permitted uses
PUD-C · Deland, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Deland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$815,000
COMMERCIAL (GENERAL)
Est. value
$855,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$780,000
WAREHOUSE, STORAGE
Est. value
$780,000
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
1.05 ac
Current owner
From public records · entity-resolved
1045 Redeemer Investments LLC
Entity
Mailing address
11251 S ORANGE BLOSSOM TRL STE #101, ORLANDO, FL 32837-9297
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2023
$424,129
1045 Redeemer Investments LLC
Family Integrative Medicine Of Orla
Quit Claim Deed
related
$252,000 · Bank Of America NA
Jul 7, 2022
$599,900
Family Integrative Medicine Of Orla
Sjrp Php LLC
Special Warranty Deed
$419,930 · Irock Loans LLC
Oct 6, 2020
$475,000
Sjrp Php LLC
Hester IV Property LLC
Warranty Deed
$350,000 · Kaplanocabe Linda Trust (rt)
Oct 9, 2012
—
Hester IV Property LLC
—
Trustees Deed
related
$264,500 · Wells Fargo Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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