Financial
Distress signals
Property profile

1516 State Ave Holly Hill, FL 32117

FOR LEASE
Other warehouses
Property ID
US18-5067735
11,251 SF 1.82 ac lot Built 1981
Last sale Jul 2025 · $8,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
1516 State Ave, Holly Hill, FL 32117 For Lease
$833/Mo 73,000 SF available
1516 State Ave, Holly Hill, FL 32117
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Property summary

AI-generated overview

The property consists of warehouse units designed for leasing, with available space sizes ranging from approximately 1,200 to 4,500 square feet. Each unit is configured with an open warehouse layout, grade-level access, and an overhead door, and is being refitted to include a private bathroom. The interiors are set up as white-box spaces, featuring freshly painted floors and walls to provide ready-for-occupancy condition. The facility is located within the Daytona Beach metro area, with access…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$26k
Tax billed · 2023
Assessed value$1.21M
Assessed land$261k
Assessed improvement$947k
Effective rate2.14%

Value estimate

· Sep 2026
$6.50M
$5.85M – $7.15M
AI approach$6.50M
NOI build-up
Gross scheduled income$657k
Vacancy & credit loss−$36k
Operating expenses−$186k
NOI · 52,173.59% cap applied$435k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$116/SF
ZIP average, outlier-cleaned · 39 recorded sales of this use type
Observed band · Q1–Q3$54 – $199

Cap rate analysis

How does the asset earn?
52,173.59%
$435k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
I1
JurisdictionVOLUSIA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency29.9
Dental Office25.9
Law Firm23.6

Location

1516 State Ave Holly Hill, FL 32117
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
179 Carswell, Daytona Beach, FL 32117-5009 $375,000 Jul 2025 5,400 SF
711 Commercial, Daytona Beach, FL 32117-3442 $1,425,000 Mar 2025 12,657 SF
328 2nd, Daytona Beach, FL 32117-4940 $250,000 Jan 2025 5,790 SF
1187 State, Daytona Beach, FL 32117-2742 $300,000 Mar 2024 14,272 SF
931 Carswell, Daytona Beach, FL 32117-3515 $208,600 Feb 2024 5,400 SF
1105 Cave, Daytona Beach, FL 32117-2632 $575,000 Oct 2023 6,900 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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