Back to Search
Property profile & analytics
OFF-MARKET
Medical Office Space
1089 Granada Blvd 40 Ormond Beach, FL 32174-8116
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-0590408
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1984
Construction
WOOD
Total area
3,150 SF
Lot
0.59 ac (25,626 SF)
Zoning code
B1
APN
4220-33-00-0040
UPID
US18-0590408
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
-
Kraski Costello & Drake PA Dental Office
-
Halifax Dental Implants Dental Office
-
Ormond Beach Dentist Dental Office
-
Dr. Fredrick W. Costello, DDS Dental Office
-
Dr. Henry E. Kraski, DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Granada Dental Properties LLC · 2 yrs held
Granada Dental Properties LLC
since 2023
Last sale
$600,000
7 recorded transactions
Zoning & alternative use
B1 · Ormond Beach, 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 Ormond Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ormond 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,757
Tax year 2023
Assessed value
$230,068
Assessed 2023
Previous assessed
$230,068
+0.0% YoY
Effective rate
1.63%
On assessed value
Assessed land
$76,878
Assessed improvement
$153,190
Land market value
$76,878
Improvement market value
$153,190
Total market value
$230,068
Applied tax rate
201.0000
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
1984
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
3
Total area
3,150 SF
Lot
0.59 ac (25,626 SF)
Zoning code
B1
APN
4220-33-00-0040
UPID
US18-0590408
Jurisdiction
VOLUSIA
Zoning & alternative use
B1 · Ormond Beach, FLZoning B1 · permitted uses
B1 · Ormond Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1984
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
3
Lot
0.59 ac
Current owner
From public records · entity-resolved
Granada Dental Properties LLC
Entity
Mailing address
1089 W GRANADA BLVD STE #1, ORMOND BEACH, FL 32174-8299
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 19, 2023
$600,000
Granada Dental Properties LLC
1089 W Granada Blvd Ste 4 LLC
Warranty Deed
—
Aug 10, 2018
—
1089 W Granda Blvd Ste 4 LLC
—
Deed
related
$43,817 · Regions Bank
May 31, 2017
$88,236
1089 W Granada Blvd Ste 4 LLC
Cady,michael & Barbara
Grant Deed
related
—
Jan 19, 2016
$88,236
1089 W Granada Blvd Ste 4 LLC
Michael Cady
Warranty Deed
—
Sep 8, 2011
—
Michael T Cady
—
Trustees Deed
related
$50,000 · Regions Bank
May 27, 2002
$329,200
Michael Cady
Costello,fredrick W & Linda G
Grant Deed
$266,400 · Wachovia Bank NA
—
—
Michael T Cady
—
Deed Of Trust
related
$161,000 · Regions 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 1089 Granada Blvd, Unit 40?
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.
