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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Manufacturing properties
1298 Granada Blvd Ormond Beach, FL 32174-5901
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-6186842
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2015
Construction
STEEL FRAME
Total area
8,762 SF
Lot
14.36 ac (625,521 SF)
Zoning code
R2
APN
4230-00-00-0330
UPID
US18-6186842
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
-
Aspen Dental - Ormond Beach, FL Dental Office
-
aspen dental, Paul Pimentel DDS Holdings, PLLC Dental Office
-
Sandra Trejos Dental Office
-
Petco (Bike/Boat/Book/etc) Store Pet Store & Service
-
AT&T Store Mobile Phone Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$805k
Comparable Approach
Comparable
$746k
Blend (final)
Blend
$600k
Owner & transaction history
1999 Madison Ferber Assoc LLC · 7 yrs held
1999 Madison Ferber Assoc LLC
since 2018
5 recorded transactions
Zoning & alternative use
R2 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$870,000
6.5%
$805,000
7%
$745,000
Blend value · Realmo final
$600k
Range $540k – $660k · ±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
$68 / 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
$88,158
Tax year 2023
Assessed value
$4,966,093
Assessed 2023
Previous assessed
$4,966,093
+0.0% YoY
Effective rate
1.78%
On assessed value
Assessed land
$1,217,568
Assessed improvement
$3,748,525
Land market value
$1,217,568
Improvement market value
$3,748,525
Total market value
$4,966,093
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2015
Construction
STEEL FRAME
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
8,762 SF
Lot
14.36 ac (625,521 SF)
Zoning code
R2
APN
4230-00-00-0330
UPID
US18-6186842
Jurisdiction
VOLUSIA
Zoning & alternative use
R2 · Ormond Beach, FL
Zoning R2 · permitted uses
R2 · Ormond Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ormond Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2015
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
14.36 ac
Current owner
From public records · entity-resolved
1999 Madison Ferber Assoc LLC
Entity
Free & Clear · 7 yrs held
Mailing address
151 SAWGRASS CORS DR STE #202, PONTE VEDRA, FL 32082-3579
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2018
$1,000
1999 Madison Ferber Assoc LLC
2017 Granada II Ormond LLC
Grant Deed
related
—
Jun 30, 2016
—
1999 Madison Ferber Assoc LLC
—
Deed
related
$7,300,000 · A10 Cap
Oct 7, 2014
$1,400,000
Ormond Exchange Accommodation
West Granada LLC
Grant Deed
—
Dec 29, 2005
—
West Granada LLC
Gda Investments Ltd
Warranty Deed
—
—
—
1999 Madison Ferber Assoc LLC
—
Loan Modification
related
$7,300,000 · A10 Cap
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
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