Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Retail space
1369 Ridgewood Ave A Daytona Beach, FL 32117-2319
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-5334050
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,407 SF
Lot
0.41 ac (18,000 SF)
Zoning code
B4
APN
4242-46-08-0010
UPID
US18-5334050
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
-
Parkway Motel Hotel & Motel
-
Heavenly Cheesecakes Bakery Specialty Food Shop
-
Big Wed Book Event Planning Wedding Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$510k
CAP Approach
CAP
$350k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$510k
Owner & transaction history
Brave The Crave INC · 2 yrs held
Brave The Crave INC
since 2024
Last sale
$510,000
5 recorded transactions
Zoning & alternative use
B4 · Daytona Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$600,000
+111.2%
Neighborhood: shopping center
$510,000
+80.4%
Medical building
$470,000
+66.3%
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
$510,000
ML approach
$510,000
CAP Approach
CAP Return
Estimation
6%
$380,000
6.5%
$350,000
7%
$325,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$600,000
Change: +111% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$510,000
Change: +80% · Conversion: Moderate
MEDICAL BUILDING
$470,000
Change: +66% · Conversion: Difficult
COMMERCIAL (GENERAL)
$470,000
Change: +66% · Conversion: Easy
Blend value · Realmo final
$510k
Range $459k – $561k · ±10% · vs last sale $510k (Jul 2 2024)
Last sale anchor
$510k
Jul 2 2024
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
$212 / 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
$3,514
Tax year 2023
Assessed value
$176,647
Assessed 2023
Previous assessed
$165,527
+6.7% YoY
Effective rate
1.99%
On assessed value
Assessed land
$83,160
Assessed improvement
$93,487
Land market value
$83,160
Improvement market value
$93,487
Total market value
$176,647
Applied tax rate
203.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
3
Total area
2,407 SF
Lot
0.41 ac (18,000 SF)
Zoning code
B4
APN
4242-46-08-0010
UPID
US18-5334050
Jurisdiction
VOLUSIA
Zoning & alternative use
B4 · Daytona Beach, FL
Zoning B4 · permitted uses
B4 · Daytona Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Daytona Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$600,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$510,000
MEDICAL BUILDING
Est. value
$470,000
COMMERCIAL (GENERAL)
Est. value
$470,000
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
3
Lot
0.41 ac
Current owner
From public records · entity-resolved
Brave The Crave INC
Entity
Mailing address
1369 RIDGEWOOD AVE, HOLLY HILL, FL 32117-2319
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Jul 2, 2024
$510,000
Brave The Crave INC
Heavenly Cheesecakes And Chocolates
Warranty Deed
—
—
—
Gordon L Hutson
—
Deed Of Trust
related
$25,000 · Individual
—
—
Cheesecakes Heavenly
—
Deed Of Trust
related
$126,000 · Riverside National Bank
—
—
Gordon L Hutson
—
Deed Of Trust
related
$166,000 · Suntrust Bank East Central Fl
—
—
Heavenly Cheesecakes & Chocola
—
Deed Of Trust
related
$65,000 · Us Small Busn Admn
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1369 Ridgewood Ave, Unit A?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
