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Property profile & analytics
OFF-MARKET
Estimated value
$1,325,000
Assisted living facilities
1410 Hand Ave Ormond Beach, FL 32174-8193
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US18-8903162
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
25,883 SF
Lot
4.82 ac (209,959 SF)
APN
4229-00-00-0031
UPID
US18-8903162
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
-
Gold Choice Ormond Beach Assisted Living Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.33M
Owner & transaction history
Volusia Holdings LLC · 7 yrs held
Volusia Holdings LLC
since 2018
7 recorded transactions
Zoning & alternative use
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$51 / 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
$60,025
Tax year 2023
Assessed value
$3,676,002
Assessed 2023
Previous assessed
$3,483,099
+5.5% YoY
Effective rate
1.63%
On assessed value
Assessed land
$750,000
Assessed improvement
$2,926,002
Land market value
$750,000
Improvement market value
$2,926,002
Total market value
$3,676,002
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
55
Total area
25,883 SF
Lot
4.82 ac (209,959 SF)
APN
4229-00-00-0031
UPID
US18-8903162
Jurisdiction
VOLUSIA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
55
Lot
4.82 ac
Current owner
From public records · entity-resolved
Volusia Holdings LLC
Entity
Mailing address
1382 LANES ML RD STE #101, LAKEWOOD, NJ 08701-3893
Mailing matches property
Yes
Owner-occupied
Yes
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
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 8, 2020
—
Volusia Holdings LLC
—
Deed
related
$20,200,000 · Monticello Structured Products
Nov 16, 2018
$9,250,000
Volusia Holdings LLC
1410 Hand Avenue Investors LLC
Grant Deed
related
$17,000,000 · Greystone Svcg
Aug 25, 2016
—
1410 Hand Avenue Investors LLC
—
Deed
related
$3,745,253 · Suntrust Bk
Apr 21, 2015
$2,300,000
1410 Hand Avenue Investors LLC
Ormond Investors Group LLC
Grant Deed
—
Jan 11, 2013
$4,475,000
Ormond Investors Group LLC
Hand Avenue Investors LLC
Special Warranty Deed
$1,617,133 · Fidelity Bank
Aug 4, 2008
$2,370,000
Hand Avenue Investors LLC
Care Center Of Ormond Bch INC
Warranty Deed
—
Dec 6, 2007
—
Care Center Of Ormond Bch INC
Pinecastle Retirement Center C
Warranty Deed
related
—
Nov 19, 2003
—
Care Center Of Ormond Beach
Pinecastle Retirement Center
Grant Deed
$975,000 · Genesis Realty
—
—
Ormond Investors Group LLC
—
Deed Of Trust
related
$2,310,191 · Fidelity Bank NA
—
—
Care Center Of Ormond Bch INC
—
Deed Of Trust
related
$975,000 · Genesis Realty & Fin'l Svcs In
—
—
Care Center Of Ormond Bch INC
—
Deed Of Trust
related
$1,395,000 · Genesis Realty & Fin'l Svcs In
—
—
Volusia Holdings LLC
—
Deed Of Trust
related
$20,200,000 · Monticello Structured Products
—
—
Care Center Of Ormond Bch INC
—
Deed Of Trust
related
$114,000 · Holub Paul F JR Trust (tr)
—
—
1410 Hand Avenue Investors LLC
—
Deed Of Trust
related
$3,745,253 · Suntrust Bk
—
—
Care Center Of Ormond Bch INC
—
Deed Of Trust
related
$181,000 · Paul F JR Holub
—
—
Care Center Of Ormond Bch INC
—
Deed Of Trust
related
$77,706 · Paul F JR Holub
—
—
Care Center Of Ormond Bch INC
—
Deed Of Trust
related
$222,293 · Paul F JR Holub
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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