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Property profile & analytics
OFF-MARKET
Estimated value
$15,120,000
Community centers
1415 Nova Rd Daytona Beach, FL 32114-5838
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-7759620
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
66,809 SF
Lot
14.66 ac (638,661 SF)
APN
5340-36-00-0010
UPID
US18-7759620
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
-
American Freight - Appliance, Furniture, Mattress Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.15M
CAP Approach
CAP
$15.61M
Comparable Approach
Comparable
$12.41M
Blend (final)
Blend
$15.12M
Owner & transaction history
Daytona Commons LLC · 4 yrs held
Daytona Commons LLC
since 2022
Last sale
$15.4M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$19.9M
+40.3%
Auto repair, garage
$16.6M
+17.1%
Restaurant
$14.3M
+1.2%
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
$14,080,000
ML approach
$9,145,000
CAP Approach
CAP Return
Estimation
6%
$16,910,000
6.5%
$15,610,000
7%
$14,495,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$14,175,000
Current use
WAREHOUSE, STORAGE
$19,880,000
Change: +40% · Conversion: Difficult
AUTO REPAIR, GARAGE
$16,600,000
Change: +17% · Conversion: Difficult
RESTAURANT
$14,335,000
Change: +1% · Conversion: Difficult
MEDICAL BUILDING
$13,065,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$15.12M
Range $13.61M – $16.63M · ±10% · vs last sale $15.40M (Mar 11 2022)
Last sale anchor
$15.40M
Mar 11 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
$226 / 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
$232,918
Tax year 2023
Assessed value
$12,991,944
Assessed 2023
Previous assessed
$12,818,144
+1.4% YoY
Effective rate
1.79%
On assessed value
Assessed land
$3,879,866
Assessed improvement
$9,112,078
Land market value
$3,879,866
Improvement market value
$9,112,078
Total market value
$12,991,944
Applied tax rate
204.0000
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
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
66,809 SF
Lot
14.66 ac (638,661 SF)
APN
5340-36-00-0010
UPID
US18-7759620
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
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$14.2M
WAREHOUSE, STORAGE
Est. value
$19.9M
AUTO REPAIR, GARAGE
Est. value
$16.6M
RESTAURANT
Est. value
$14.3M
MEDICAL BUILDING
Est. value
$13.1M
NEIGHBORHOOD: SHOPPING CENTER Current
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
RESTAURANT
MEDICAL BUILDING
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
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
14.66 ac
Current owner
From public records · entity-resolved
Daytona Commons LLC
Entity
Mailing address
1901 NW 62ND ST STE #102, FORT LAUDERDALE, FL 33309-1864
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2022
$15,400,000
Daytona Commons LLC
Dph Newco LLC
Special Warranty Deed
$10,780,000 · Ocean Bank
Jan 14, 2019
—
Pines Daytona LLC
—
Grant Deed
related
$2,400,000 · Miscellaneous Ins Co
Aug 11, 2015
$742,316
Nc Regency Newco LLC
Nc Regency Village LLC
Grant Deed
related
—
Aug 11, 2015
$105,601
Rb Daytona Newco LLC
Rb Daytona Promenade LLC
Grant Deed
related
—
Dec 3, 2012
$600,000
Daytona Promenade Partners LLC
Nc Regency Village LLC
Grant Deed
—
Oct 22, 2012
—
Nc Regency Village LLC
Tenir LLC
Grant Deed
related
—
Sep 10, 2012
—
Nc Regency Village
Tenir LLC
Grant Deed
—
Jul 3, 2012
$6,650,000
Daytona Promenade Holdings LLC
Atc Realty One LLC
Grant Deed
—
Feb 10, 2011
—
Atc Realty One LLC
Woolbright Daytona Promenade
Trustees Deed
related
—
Apr 10, 2007
$8,769,230
Woolbright Daytona Promenade L
Great Oak LLC
Trustees Deed
$13,175,000 · Wachovia Bk/ga
—
—
Dph Newco LLC
—
Loan Modification
related
$9,000,000 · Greystone Svcg
—
—
Daytona Promenade Holdings LLC
—
Deed Of Trust
related
$4,000,000 · Oklahoma Fidelity Bk
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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