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Property profile & analytics
OFF-MARKET
Estimated value
$1,870,000
Turn key restaurants
115 Flagler Ave New Smyrna Beach, FL 32169-2634
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US19-0740265
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1930
Construction
WOOD
Total area
1,801 SF
Lot
0.19 ac (8,366 SF)
Zoning code
B1
APN
7455-08-01-0033
UPID
US19-0740265
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
$2.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.78M
Blend (final)
Blend
$1.87M
Owner & transaction history
Angela Cooper Mcveigh · 5 yrs held
Angela Cooper Mcveigh
since 2021
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
B1 · New Smyrna 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 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
by Request
ML approach
$2,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.87M
Range $1.68M – $2.06M · ±10% · vs last sale $1.63M (Jun 14 2021)
Last sale anchor
$1.63M
Jun 14 2021
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
$1,038 / 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
$14,249
Tax year 2023
Assessed value
$829,546
Assessed 2023
Previous assessed
$814,201
+1.9% YoY
Effective rate
1.72%
On assessed value
Assessed land
$670,117
Assessed improvement
$159,429
Land market value
$670,117
Improvement market value
$159,429
Total market value
$829,546
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1930
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
2
Total area
1,801 SF
Lot
0.19 ac (8,366 SF)
Zoning code
B1
APN
7455-08-01-0033
UPID
US19-0740265
Jurisdiction
VOLUSIA
Zoning & alternative use
B1 · New Smyrna Beach, FL
Zoning B1 · permitted uses
B1 · 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.
Building & site characteristics
From public records
Year built
1930
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.19 ac
Current owner
From public records · entity-resolved
Angela Cooper Mcveigh
Individual
Mailing address
PO BOX 6478, BIG BEAR LAKE, CA 92315-6478
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 14, 2021
$1,625,000
Angela Cooper Mcveigh
115 Flagler LLC
Warranty Deed
—
Dec 30, 2019
$700,000
115 Flagler LLC
Stephen S Williams
Warranty Deed
—
Sep 13, 2019
—
Stephen Williams
—
Deed
related
$320,029 · Shops On Main Street LLC
Oct 6, 2017
—
Stephen Williams
—
Deed
related
$332,775 · Shops On Main Street LLC
Dec 6, 2016
—
Stephen Williams
—
Deed
related
$302,236 · Shops On Main Street LLC
Dec 1, 2009
—
Stephen S Williams
—
Trustees Deed
related
$207,216 · Edwin A Baetzman
Dec 2, 2008
—
Stephen S Williams
—
Trustees Deed
related
$207,538 · Edwin A Baetzman
Dec 31, 2003
$225,000
Stephen S Williams
Hicks,sally M
Grant Deed
$225,000 · Sally M Hicks
—
—
Stephen Williams
—
Loan Modification
related
$320,029 · Shops On Main Street LLC
—
—
Stephen S Williams
—
Deed Of Trust
related
$212,000 · Shops On Main Street LLC
—
—
Stephen Williams
—
Loan Modification
related
$302,236 · Shops On Main Street LLC
—
—
Stephen Williams
—
Loan Modification
related
$332,775 · Shops On Main Street LLC
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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