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Property profile & analytics
OFF-MARKET
Estimated value
$35,980,000
Super regional malls
1115 Cornerstone Blvd Daytona Beach, FL 32117-7170
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-6372326
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
2018
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
178,966 SF
Lot
23.45 ac (1,021,470 SF)
APN
5209-11-00-0030
UPID
US18-6372326
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
-
Ross Dress for Less Clothing Store Department Store
-
Ulta Beauty Cosmetic Store
-
Dollar Tree Discount Store
-
Nine Line Apparel Daytona Clothing Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$41.81M
Comparable Approach
Comparable
$24.95M
Blend (final)
Blend
$35.98M
Owner & transaction history
Dolgencorp LLC · 3 yrs held
Dolgencorp LLC
since 2022
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$44.5M
+17.1%
Restaurant
$38.4M
+1.2%
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 Daytona Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Daytona 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$45,295,000
6.5%
$41,810,000
7%
$38,825,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$37,965,000
Current use
AUTO REPAIR, GARAGE
$44,465,000
Change: +17% · Conversion: Difficult
RESTAURANT
$38,405,000
Change: +1% · Conversion: Difficult
MEDICAL BUILDING
$35,005,000
Change: -8% · Conversion: Difficult
COMMERCIAL (GENERAL)
$34,890,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$35.98M
Range $32.38M – $39.58M · ±10%
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
$201 / 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
$588,426
Tax year 2023
Assessed value
$32,821,794
Assessed 2023
Previous assessed
$30,952,209
+6.0% YoY
Effective rate
1.79%
On assessed value
Assessed land
$3,704,504
Assessed improvement
$29,117,290
Land market value
$3,704,504
Improvement market value
$29,117,290
Total market value
$32,821,794
Applied tax rate
204.0000
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
2018
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Buildings
4
Stories
1
Total area
178,966 SF
Lot
23.45 ac (1,021,470 SF)
APN
5209-11-00-0030
UPID
US18-6372326
Jurisdiction
VOLUSIA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$38.0M
AUTO REPAIR, GARAGE
Est. value
$44.5M
RESTAURANT
Est. value
$38.4M
MEDICAL BUILDING
Est. value
$35.0M
COMMERCIAL (GENERAL)
Est. value
$34.9M
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
RESTAURANT
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
2018
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Buildings
4
Lot
23.45 ac
Current owner
From public records · entity-resolved
Dolgencorp LLC
Entity
Free & Clear · 3 yrs held
Mailing address
360 S ROSEMARY AVE STE #400, WEST PALM BEACH, FL 33401-6052
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 22, 2022
—
Dolgencorp LLC
Tomoka Town Center Phase I LLC
Lease
—
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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