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Property profile & analytics
OFF-MARKET
Estimated value
$995,000
Auto shops
1644 Us Hwy 1st 1 Ormond Beach, FL 32174-2525
Individually Owned
24-yr Hold
~
Est. High Equity
Property ID
US18-0548163
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2002
Construction
WOOD
Total area
5,000 SF
Lot
4.91 ac (213,702 SF)
Zoning code
B6
APN
3136-01-64-0010
UPID
US18-0548163
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$790k
Blend (final)
Blend
$995k
Owner & transaction history
Accurate Truck Aa · 24 yrs held
Accurate Truck Aa
since 2002
4 recorded transactions
Zoning & alternative use
B6 · Ormond Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.3M
+4.6%
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
AUTO REPAIR, GARAGE
$1,240,000
Current use
MEDICAL BUILDING
$1,300,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$995k
Range $896k – $1.09M · ±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
$199 / 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
$13,982
Tax year 2023
Assessed value
$865,545
Assessed 2023
Previous assessed
$774,251
+11.8% YoY
Effective rate
1.62%
On assessed value
Assessed land
$567,646
Assessed improvement
$297,899
Land market value
$567,646
Improvement market value
$297,899
Total market value
$865,545
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2002
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
2
Total area
5,000 SF
Lot
4.91 ac (213,702 SF)
Zoning code
B6
APN
3136-01-64-0010
UPID
US18-0548163
Jurisdiction
VOLUSIA
Zoning & alternative use
B6 · Ormond Beach, FL
Zoning B6 · permitted uses
B6 · 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
AUTO REPAIR, GARAGE Current
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.3M
AUTO REPAIR, GARAGE Current
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
2002
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
4.91 ac
Current owner
From public records · entity-resolved
Accurate Truck Aa
Individual
Mailing address
1644 N US HWY 1ST 1, ORMOND BEACH, FL 32174-2525
Ownership since
2002
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
Jan 18, 2022
—
Aa Accurate Truck & Tire Repair LLC
—
Deed
related
$1,079,000 · South State Bank NA
Apr 4, 2002
$260,000
Accurate Truck Aa
Ravitch,arthur & Jacqueline
Grant Deed
$600,000 · Southtrust Bank NA
—
—
Accurate Truck Aa
—
Deed Of Trust
related
$100,000 · Prosperity Bank
—
—
Accurate Truck Aa
—
Deed Of Trust
related
$1,500,000 · Prosperity Bank
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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