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Property profile & analytics
OFF-MARKET
Investment properties
1653 Us Hwy 1st 102 Ormond Beach, FL 32174-2513
Entity Owned
3-yr Hold
Free & Clear
Property ID
US18-3379630
Property summary
AI-generated overview
This exceptional 1,437 square foot single-tenant retail or executive office space is available for lease in the vibrant Destination Daytona complex at 1653 N. US Highway 1, Unit 106B, Ormond Beach, FL 32174. Built in 2007, the space boasts a desirable 11'-9" ceiling height, providing a spacious and modern feel. The property is zoned PBD and located in Volusia County, offering excellent visibility and accessibility. Ample parking is available for tenants and their clients, ensuring convenience and ease of access. The space is currently vacant and ready for immediate occupancy, presenting a unique opportunity for businesses seeking a high-traffic location in a thriving commercial area. The property's versatile nature makes it suitable for a variety of uses, from retail showrooms to professional office spaces. Its strategic location within Destination Daytona provides exposure to a large customer base and significant foot traffic. This is an ideal opportunity to establish or expand your business in a prime Ormond Beach location. Contact us today to schedule a viewing and explore the possibilities.
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,392 SF
Lot
0.03 ac (1,392 SF)
APN
3125-06-00-1020
UPID
US18-3379630
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Moi Daytona Hotel Prop LLC · 3 yrs held
Moi Daytona Hotel Prop LLC
since 2022
Last sale
$29.2M
1 recorded transaction
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
—
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
$3,181
Tax year 2023
Assessed value
$194,799
Assessed 2023
Previous assessed
$177,406
+9.8% YoY
Effective rate
1.63%
On assessed value
Assessed land
$25,056
Assessed improvement
$169,743
Land market value
$25,056
Improvement market value
$169,743
Total market value
$194,799
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
1
Total area
1,392 SF
Lot
0.03 ac (1,392 SF)
APN
3125-06-00-1020
UPID
US18-3379630
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
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.03 ac
Current owner
From public records · entity-resolved
Moi Daytona Hotel Prop LLC
Entity
Free & Clear · 3 yrs held
Mailing address
2850 S FEDERAL HWY, DELRAY BEACH, FL 33483-3216
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 21, 2022
$29,180,000
Moi Daytona Hotel Prop LLC
Destination Daytona LLC
Special Warranty Deed
—
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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