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Property profile & analytics
OFF-MARKET
Estimated value
$2,135,000
Retail space
1050 Dixie Fwy New Smyrna Beach, FL 32168-6222
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-3392800
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2017
Construction
WOOD
Total area
7,520 SF
Lot
1.07 ac (46,480 SF)
Zoning code
B3
APN
7440-03-14-0090
UPID
US18-3392800
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
$2.14M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.46M
Blend (final)
Blend
$2.14M
Owner & transaction history
Sunrisebiz LLC · 2 yrs held
Sunrisebiz LLC
since 2024
Last sale
$2.1M
6 recorded transactions
Zoning & alternative use
B3 · New Smyrna Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.0M
+76.3%
Auto repair, garage
$1.9M
+11.1%
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 New Smyrna Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Smyrna Beach 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
$2,135,000
ML approach
$2,135,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,680,000
Current use
COMMERCIAL (GENERAL)
$2,965,000
Change: +76% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,870,000
Change: +11% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,560,000
Change: -7% · Conversion: Difficult
MEDICAL BUILDING
$1,400,000
Change: -17% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,345,000
Change: -20% · Conversion: Moderate
Blend value · Realmo final
$2.14M
Range $1.92M – $2.35M · ±10% · vs last sale $2.14M (Apr 17 2024)
Last sale anchor
$2.14M
Apr 17 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
$284 / 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
$16,383
Tax year 2023
Assessed value
$871,719
Assessed 2023
Previous assessed
$871,719
+0.0% YoY
Effective rate
1.88%
On assessed value
Assessed land
$306,768
Assessed improvement
$564,951
Land market value
$306,768
Improvement market value
$564,951
Total market value
$871,719
Applied tax rate
601.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2017
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
13
Total area
7,520 SF
Lot
1.07 ac (46,480 SF)
Zoning code
B3
APN
7440-03-14-0090
UPID
US18-3392800
Jurisdiction
VOLUSIA
Zoning & alternative use
B3 · New Smyrna Beach, FL
Zoning B3 · permitted uses
B3 · New Smyrna Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Smyrna Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$3.0M
AUTO REPAIR, GARAGE
Est. value
$1.9M
WAREHOUSE, STORAGE
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.3M
RETAIL STORES Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
2017
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
13
Lot
1.07 ac
Current owner
From public records · entity-resolved
Sunrisebiz LLC
Entity
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2024
—
Sunrisebiz LLC
Hsc New Smyrna Beach LLC
Assignment Of Deed
$800,000 · Vast Bank NA
Apr 17, 2024
$2,135,561
Sunrisebiz LLC
Hsc New Smyrna Beach LLC
Special Warranty Deed
$800,000 · Vast Bank NA
Jun 15, 2017
—
Hsc New Smyrna Beach LLC
—
Deed
related
$1,500,000 · Miscellaneous Ins Co
Dec 16, 2016
$599,000
Hsc New Smyrna Beach LLC
Eddy,cindy S & Henry J
Warranty Deed
$3,249,380 · Bancorpsouth
Jun 11, 1998
$340,000
Cindy S Eddy
Cabrera,francisco & Ramona O
Grant Deed
$200,000 · Seller
—
—
Hsc New Smyrna Beach LLC
—
Loan Modification
related
$1,500,000 · Miscellaneous Ins Co
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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