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Property profile & analytics
OFF-MARKET
Estimated value
$1,405,000
Investment properties
1200 Dixie Fwy New Smyrna Beach, FL 32168-6006
Entity Owned
3-yr Hold
Free & Clear
Property ID
US18-4473491
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1983
Construction
WOOD
Total area
7,200 SF
Lot
1.32 ac (57,600 SF)
Zoning code
B3
APN
7438-06-00-0056
UPID
US18-4473491
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
$1.30M
CAP Approach
CAP
$1.37M
Comparable Approach
Comparable
$1.78M
Blend (final)
Blend
$1.41M
Owner & transaction history
Landis North LLC · 3 yrs held
Landis North LLC
since 2022
Last sale
$1.5M
6 recorded transactions
Zoning & alternative use
B3 · 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
$1,370,000
ML approach
$1,300,000
CAP Approach
CAP Return
Estimation
6%
$1,480,000
6.5%
$1,370,000
7%
$1,270,000
Blend value · Realmo final
$1.41M
Range $1.26M – $1.55M · ±10% · vs last sale $1.50M (Nov 7 2022)
Last sale anchor
$1.50M
Nov 7 2022
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
$195 / 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
$20,899
Tax year 2023
Assessed value
$1,089,128
Assessed 2023
Previous assessed
$721,854
+50.9% YoY
Effective rate
1.92%
On assessed value
Assessed land
$449,280
Assessed improvement
$639,848
Land market value
$449,280
Improvement market value
$639,848
Total market value
$1,089,128
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1983
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Bathrooms
6
Total area
7,200 SF
Lot
1.32 ac (57,600 SF)
Zoning code
B3
APN
7438-06-00-0056
UPID
US18-4473491
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.
Building & site characteristics
From public records
Year built
1983
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
6
Lot
1.32 ac
Current owner
From public records · entity-resolved
Landis North LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1805 N INDIAN RIV RD, NEW SMYRNA BEACH, FL 32169-2009
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2022
$1,500,000
Landis North LLC
John Michael George
Warranty Deed
—
Jun 18, 2015
$615,000
John M George
Mmrh Ep Holding LLC
Grant Deed
—
Oct 22, 2014
—
Mmrh Ep Holding LLC
Mmr Holdings LLC
Quit Claim Deed
—
Jun 10, 2013
—
Mmr Holdings LLC
—
Deed Of Trust
related
$325,000,000 · Barclays Bank Plc
Mar 20, 2012
—
Mmr Holdings LLC
—
Deed Of Trust
related
$2,600,000 · Barclays Bank Plc
—
—
Mmr Holdings LLC
—
Loan Modification
related
—
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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