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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Retail space
1720 Nova Rd South Daytona, FL 32119-1728
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-3072364
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1975
Construction
WOOD
Total area
4,400 SF
Lot
1.38 ac (59,941 SF)
Zoning code
I1
APN
5344-16-00-1341
UPID
US18-3072364
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
$690k
CAP Approach
CAP
$640k
Comparable Approach
Comparable
$804k
Blend (final)
Blend
$690k
Owner & transaction history
1720 Depot LLC · 2 yrs held
1720 Depot LLC
since 2024
Last sale
$692,000
6 recorded transactions
Zoning & alternative use
I1 · South Daytona, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+47.0%
Neighborhood: shopping center
$935,000
+25.5%
Medical building
$860,000
+15.7%
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 South Daytona submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Daytona 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
$690,000
ML approach
$690,000
CAP Approach
CAP Return
Estimation
6%
$690,000
6.5%
$640,000
7%
$590,000
Alternative Use
Use
Estimation
RETAIL STORES
$745,000
Current use
AUTO REPAIR, GARAGE
$1,095,000
Change: +47% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$935,000
Change: +26% · Conversion: Moderate
MEDICAL BUILDING
$860,000
Change: +16% · Conversion: Difficult
COMMERCIAL (GENERAL)
$610,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$690k
Range $621k – $759k · ±10% · vs last sale $692k (May 16 2024)
Last sale anchor
$692k
May 16 2024
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
$157 / 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
$13,016
Tax year 2023
Assessed value
$662,419
Assessed 2023
Previous assessed
$662,419
+0.0% YoY
Effective rate
1.96%
On assessed value
Assessed land
$191,062
Assessed improvement
$471,357
Land market value
$191,062
Improvement market value
$471,357
Total market value
$662,419
Applied tax rate
200.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1975
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
4
Stories
1
Total area
4,400 SF
Lot
1.38 ac (59,941 SF)
Zoning code
I1
APN
5344-16-00-1341
UPID
US18-3072364
Jurisdiction
VOLUSIA
Zoning & alternative use
I1 · South Daytona, FLZoning I1 · permitted uses
I1 · South Daytona, FL
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
RETAIL STORES Current
Est. value
$745,000
AUTO REPAIR, GARAGE
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$935,000
MEDICAL BUILDING
Est. value
$860,000
COMMERCIAL (GENERAL)
Est. value
$610,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
1975
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
4
Lot
1.38 ac
Current owner
From public records · entity-resolved
1720 Depot LLC
Entity
Mailing address
5111 S RIDGEWOOD AVE STE #201, PORT ORANGE, FL 32127-5170
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 16, 2024
$692,000
1720 Depot LLC
Robbins & Robbins INC
Warranty Deed
$287,641 · Robbins & Robbins INC
Dec 20, 2000
$210,000
Joe Evans
Robbins & Robbins INC
Grant Deed
$170,000 · Seller
—
—
Robbins & Robbins LLC
—
Deed Of Trust
related
$149,960 · Space Coast Cu
—
—
Joseph G Evans
—
Loan Modification
related
$600,000 · Branch Bk&tr
—
—
Robbins & Robbins INC
—
Deed Of Trust
related
$150,000 · Richard C Robbins
—
—
Robbins & Robbins INC
—
Deed Of Trust
related
$205,000 · Southtrust Bank NA
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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