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Property profile & analytics
OFF-MARKET
Estimated value
$1,720,000
Community centers
1345 Granada Blvd, Ormond Beach, FL 32174-8190
Entity Owned
10-yr Hold
Free & Clear
Property ID
US18-5419668
Property summary
AI-generated overview
This exceptional 1,470 square foot retail space is available for lease within the thriving Seminole Center, located at the northwest corner of Granada Boulevard and Seminole Drive in Volusia County. Built in 2004, this B-10 zoned property boasts a total of 14,000 square feet and benefits from its prime location on high-traffic Granada Boulevard, just east of Interstate 95. A prominent monument sign ensures excellent visibility for your business. The center enjoys a strong tenant mix, including Tomoka Family Dentistry, Biggby Coffee, Wok & Roll, Mama Mia's Pizzeria, Super Nails, Volusia Mattress, Ear to Hear, and Breakaway Cleaners. This strategic location places your business within one mile of major retailers such as Publix, Lowe's Home Improvement, and Walmart Supercenter, ensuring high foot traffic and convenient access for customers. Estimated common area maintenance (CAM), real estate taxes, and insurance are $6.50 per square foot. This is a fantastic opportunity to establish your business in a vibrant and well-established retail center. Don't miss out on this chance to secure a space in a high-demand location.
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2004
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
14,000 SF
Lot
2.24 ac (97,600 SF)
Zoning code
R4
APN
4230-03-00-0010
UPID
US18-5419668
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
-
Riemland Tracy M DDS Dental Office
-
Ear to Hear Hearing Aid Store
-
Tomoka Family Dentistry Dental Office
-
Christina V. Schimenti, DMD Dental Office
-
Jenee P Ware DMD 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
$1.72M
Owner & transaction history
Seminole Center Ormond LLC · 10 yrs held
Seminole Center Ormond LLC
since 2016
4 recorded transactions
Zoning & alternative use
R4 · 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,505,000
Current use
COMMERCIAL (GENERAL)
$2,330,000
Change: -7% · Conversion: Easy
RETAIL STORES
$2,210,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$1.72M
Range $1.55M – $1.89M · ±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
$123 / 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
$25,445
Tax year 2023
Assessed value
$1,555,349
Assessed 2023
Previous assessed
$1,450,455
+7.2% YoY
Effective rate
1.64%
On assessed value
Assessed land
$439,200
Assessed improvement
$1,116,149
Land market value
$439,200
Improvement market value
$1,116,149
Total market value
$1,555,349
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2004
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
9
Total area
14,000 SF
Lot
2.24 ac (97,600 SF)
Zoning code
R4
APN
4230-03-00-0010
UPID
US18-5419668
Jurisdiction
VOLUSIA
Zoning & alternative use
R4 · Ormond Beach, FL
Zoning R4 · permitted uses
R4 · 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.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.5M
COMMERCIAL (GENERAL)
Est. value
$2.3M
RETAIL STORES
Est. value
$2.2M
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
RETAIL STORES
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
2004
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
9
Lot
2.24 ac
Current owner
From public records · entity-resolved
Seminole Center Ormond LLC
Entity
Free & Clear · 10 yrs held
Mailing address
PO BOX 730086, ORMOND BEACH, FL 32173-0086
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2018
—
Granada Pointe Investors LLC
—
Loan Modification
related
$4,272,819 · Centerstate Bk/fl
Mar 3, 2016
—
Seminole Center Ormond LLC
Bryanava Corp
Warranty Deed
—
Mar 4, 2003
—
Seminole Centre LLC
Holub,paul F
Grant Deed
related
—
—
—
Seminole Centre Ormond LLC
—
Deed Of Trust
related
$87,500 · Genworth Life Insurance Co
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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