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    170 Williamson Blvd Ormond Beach, FL 32174-5991
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    Property profile & analytics

    170 Williamson Blvd, Ormond Beach, FL 32174-5991

    View on Map
    • Motels
    • 34,961 SF
    • 1.64 lot acres
    Off-Market
    Last Sale Feb 13, 2020
    $6,650,000
    Property ID
    US19-0479352
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $5,365,000
    Show details
    Cap Rate Potential
    3.4%
    Motels
    Location Intelligence

    Current Use by Public Records

    • Sleep Inn Ormond Beach - Daytona / Hotel & Motel
    • Sleep Inn Hotel / Hotel & Motel

    Property Details for 170 Williamson Blvd

    Year built
    1997
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.64 lot acres
    Property type
    Motels
    APN
    4230-10-00-0040
    APU
    423010000040

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $3,680,000
      ML approach
      $4,000,000

    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $7,870,000
      Current use
      AUTO REPAIR, GARAGE
      $8,685,000
      Change: +10% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Ormond Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.1144
    Latitude
    29.2553
    CBSA code
    19660
    CBSA name
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $80,507
    $683,375
    $4,433,326
    $5,116,701
    -
    $683,375
    $4,433,326
    $5,116,701

    Comparable in this City

    • Value Estimation
      $2,065,000
      25,800 SF

      1567 Us Hwy 1st 1

      MOTEL
      1567 Us Hwy 1st 1, Ormond Beach, FL 32174-8709
      View Details
    • Value Estimation
      $2,785,000
      23,116 SF

      1614 Us Hwy 1st 1

      MOTEL
      1614 Us Hwy 1st 1, Ormond Beach, FL 32174-2525
      View Details
    • Value Estimation
      $7,590,000
      56,412 SF

      275 Interchange Blvd

      HOTEL
      275 Interchange Blvd, Ormond Beach, FL 32174-1813
      View Details
    • Value Estimation
      $3,995,000
      28,776 SF

      175 Interchange Blvd

      HOTEL
      175 Interchange Blvd, Ormond Beach, FL 32174-1834
      View Details
    • Value Estimation
      $6,450,000
      46,128 SF

      155 Interchange Blvd

      HOTEL
      155 Interchange Blvd, Ormond Beach, FL 32174-1834
      View Details
    • Value Estimation by Request

      1003 Us Highway 1

      Marinas
      1003 Us Highway 1, Ormond Beach, FL 32174
      View Details

    Similar Nearby for Sale

    • $70,000
      1,400 SF

      Established Restaurant Business Opportunity

      Turnkey breakfast and lunch restaurant for sale in Ormond Beach.
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    • $1,990,000

      Prime Outparcel Site Available

      Land near I-95 and Granada Boulevard, Ormond Beach.
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    • Contact for pricing

      Destination Daytona Retail Pad

      10,000 SF retail pad in high-growth area.
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    • Contact for pricing
      2,258 SF

      Established Bistro in Ormond Beach

      Profitable restaurant with loyal clientele and prime location.
      222 N Nova Rd, Ormond Beach, FL 32174
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    • $899,000

      Ormond Beach Retail Development Site

      1.6-acre retail site with highway frontage and full access.
      1506 N Us Highway 1, Ormond Beach, FL 32174
      View Details

    Similar Nearby for Lease

    • $0.01 SF/Yr
      23,000 SF

      Ormond Beach Executive Office Suite

      Prime Office Space, 1830 SF, Tenant Incentives
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      View Details
    • $18 SF/Yr

      Ormond Beach Retail Space Available

      1,250 SF retail space for rent in Ormond Beach.
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    • $27 SF/Yr

      Turnkey Office Space For Lease

      Second floor office space available in Kings Crossing Centre.
      775 W Granada Blvd, Ormond Beach, FL 32174
      View Details
    • $2,906 /Mo
      1,840 SF

      Ormond Beach Professional Office Space

      1840 SF office space in central Ormond Beach business district.
      136 N Orchard St, Ormond Beach, FL 32174
      View Details
    • $1,200 /Mo
      780 SF

      Ormond Beach Office Space Available

      Functional office suite in a well-maintained executive park.
      555 W Granada Blvd, Ormond Beach, FL 32174
      View Details
    • Contact for pricing

      Ormond Beach Flex/Office Space

      Flex/office spaces available near I-95 and US Hwy 1.
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      View Details

    Property Visit Statistics

    • Visits by month
      3.3k
    • Visitors by month
      986
    • Avg Time on site
      679 min
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    Ormond Beach, FL 32174-5991
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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