Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,005,000
Warehouses
1046 Shadick Dr Ste 2 Orange City, FL 32763-8905
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-0177295
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,100 SF
Lot
0.67 ac (28,992 SF)
Zoning code
M1
APN
8011-12-00-0290
UPID
US18-0177295
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$695k
CAP Approach
CAP
$1.00M
Comparable Approach
Comparable
$1.32M
Blend (final)
Blend
$1.01M
Owner & transaction history
Terramap Properties Shadick Drive L · 1 yrs held
Terramap Properties Shadick Drive L
since 2024
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
M1 · Orange City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Orange City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Orange City 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
$820,000
ML approach
$695,000
CAP Approach
CAP Return
Estimation
6%
$1,085,000
6.5%
$1,000,000
7%
$930,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,505,000
Change: -10% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,450,000
Change: -14% · Conversion: Moderate
RETAIL STORES
$1,430,000
Change: -15% · Conversion: Moderate
Blend value · Realmo final
$1.01M
Range $905k – $1.11M · ±10% · vs last sale $1.28M (Sep 6 2024)
Last sale anchor
$1.28M
Sep 6 2024
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
$124 / 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
$9,376
Tax year 2023
Assessed value
$461,839
Assessed 2023
Previous assessed
$408,055
+13.2% YoY
Effective rate
2.03%
On assessed value
Assessed land
$72,480
Assessed improvement
$389,359
Land market value
$72,480
Improvement market value
$389,359
Total market value
$461,839
Applied tax rate
14.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Bathrooms
9
Total area
8,100 SF
Lot
0.67 ac (28,992 SF)
Zoning code
M1
APN
8011-12-00-0290
UPID
US18-0177295
Jurisdiction
VOLUSIA
Zoning & alternative use
M1 · Orange City, FL
Zoning M1 · permitted uses
M1 · Orange City, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Orange City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$1.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.5M
RETAIL STORES
Est. value
$1.4M
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Bathrooms
9
Lot
0.67 ac
Current owner
From public records · entity-resolved
Terramap Properties Shadick Drive L
Entity
Free & Clear · 1 yrs held
Mailing address
480 ANTLER AVE, OSTEEN, FL 32764-8615
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2025
—
Terramap Properties Shadick Drive L
—
Deed
related
$1,750,000 · Symetra Life Insurance Co
Dec 6, 2024
$1,275,000
Terramap Properties Shadick Drive L
My Consultant Firm INC
Warranty Deed
—
Jan 29, 2021
—
My Consultant Firm INC
Chamorro Leticia Trust
Quit Claim Deed
related
—
Feb 23, 2015
—
Chamorro Family Trust
Chamorro Daniel & Leticia
Quit Claim Deed
related
—
Dec 27, 2004
$540,000
Daniel Chamorro
Fidelity Group Inv Co INC
Warranty Deed
$352,651 · Pinnacle Bank
May 2, 2000
$190,000
Fidelity Group Investment Co I
Southtrust Bank NA
Grant Deed
$152,000 · Southtrust Bank NA
Jan 26, 2000
—
Southtrust Bank NA
Pgoc Corporation
Trustees Deed
related
—
—
—
Daniel Chamorro
—
Deed Of Trust
related
$181,755 · Pinnacle 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1046 Shadick Dr Ste, Unit 2?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
