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Property profile & analytics
OFF-MARKET
Estimated value
$2,375,000
Warehouses
1730 Patterson Ave 1732 Deland, FL 32724-1950
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-1869581
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
10,800 SF
Lot
1.5 ac (65,340 SF)
Zoning code
M-1
APN
6033-11-00-0100
UPID
US18-1869581
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
Current use
Occupant on record · Public records
-
Jet Helseth Manufacturing Industrial Manufacturer Factory
-
Jet Helseth Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.63M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.12M
Blend (final)
Blend
$2.38M
Owner & transaction history
Corbin I LLC · 3 yrs held
Corbin I LLC
since 2023
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
M-1 · Deland, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.7M
+34.2%
Restaurant
$2.6M
+28.7%
Medical building
$2.0M
+0.5%
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 Deland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Deland 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
$2,515,000
ML approach
$2,630,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,000,000
Current use
AUTO REPAIR, GARAGE
$2,685,000
Change: +34% · Conversion: Easy
RESTAURANT
$2,575,000
Change: +29% · Conversion: Difficult
MEDICAL BUILDING
$2,010,000
Change: +0% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,935,000
Change: -3% · Conversion: Moderate
RETAIL STORES
$1,860,000
Change: -7% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,685,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$2.38M
Range $2.14M – $2.61M · ±10% · vs last sale $2.30M (Jan 18 2023)
Last sale anchor
$2.30M
Jan 18 2023
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
$220 / 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
$14,222
Tax year 2023
Assessed value
$957,168
Assessed 2023
Previous assessed
$616,177
+55.3% YoY
Effective rate
1.49%
On assessed value
Assessed land
$114,345
Assessed improvement
$842,823
Land market value
$114,345
Improvement market value
$842,823
Total market value
$957,168
Applied tax rate
12.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Bathrooms
8
Total area
10,800 SF
Lot
1.5 ac (65,340 SF)
Zoning code
M-1
APN
6033-11-00-0100
UPID
US18-1869581
Jurisdiction
VOLUSIA
Zoning & alternative use
M-1 · Deland, FL
Zoning M-1 · permitted uses
M-1 · Deland, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Deland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$2.7M
RESTAURANT
Est. value
$2.6M
MEDICAL BUILDING
Est. value
$2.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.9M
RETAIL STORES
Est. value
$1.9M
COMMERCIAL (GENERAL)
Est. value
$1.7M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
RESTAURANT
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
8
Lot
1.5 ac
Current owner
From public records · entity-resolved
Corbin I LLC
Entity
Mailing address
5911 JOHN ANDERSON HWY, FLAGLER BEACH, FL 32136-5523
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 18, 2023
$2,300,000
Corbin I LLC
Andrew Helseth
Warranty Deed
$650,000 · Truist Bank
Jun 30, 2017
$600,000
Andrew Helseth
Pinnacle Bk
Warranty Deed
$779,946 · Space Coast Cu
Sep 26, 2014
$100
Pinnacle Bk
Allied Cap Advisors In Coc
Trustees Deed
related
—
Dec 6, 2001
$344,000
Allied Capital Advisors INC
Heller Small Business Lending
Grant Deed
related
$250,000 · Fidelity Bank Florida
Feb 19, 1999
$375,000
Nelcor INC
Pirillo Marble INC
Grant Deed
$368,000 · Heller Small Business Lending
—
—
Allied Capital Advisors INC
—
Deed Of Trust
related
$920,000 · Pinnacle Bank
—
—
Allied Capital Advisors INC
—
Deed Of Trust
related
—
—
—
Allied Capital Advisors INC
—
Deed Of Trust
related
$6,903 · Pinnacle Bank
—
—
Allied Capital Advisors INC
—
Deed Of Trust
related
—
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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