Back to Search
Property profile & analytics
OFF-MARKET
Investment properties
174 Tomoka Ave Ormond Beach, FL 32174-6346
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US19-0750681
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1989
Construction
WOOD
Total area
546 SF
Lot
0.15 ac (6,440 SF)
Zoning code
B5
APN
4222-06-02-0020
UPID
US19-0750681
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
Christopher Michael Hernandez · 2 yrs held
Christopher Michael Hernandez
since 2023
Last sale
$150,000
5 recorded transactions
Zoning & alternative use
B5 · Ormond Beach, FL
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
$1,864
Tax year 2023
Assessed value
$114,161
Assessed 2023
Previous assessed
$54,110
+111.0% YoY
Effective rate
1.63%
On assessed value
Assessed land
$18,676
Assessed improvement
$95,485
Land market value
$18,676
Improvement market value
$95,485
Total market value
$114,161
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
1989
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
1
Total area
546 SF
Lot
0.15 ac (6,440 SF)
Zoning code
B5
APN
4222-06-02-0020
UPID
US19-0750681
Jurisdiction
VOLUSIA
Zoning & alternative use
B5 · Ormond Beach, FL
Zoning B5 · permitted uses
B5 · 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.
Building & site characteristics
From public records
Year built
1989
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Christopher Michael Hernandez
Individual
Mailing address
406 BLACK OAK LN, ORMOND BEACH, FL 32174-4897
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2023
—
Christopher Michael Hernandez
Robert Hernandez
Intrafamily Transfer
related
—
May 26, 2022
$150,000
Robert Hernandez
Timothy Fehr
Warranty Deed
—
Sep 25, 2017
—
Timothy Fehr
—
Deed
related
$52,000 · Seacoast National Bank
Jul 13, 2012
$65,000
Timothy Fehr
Weissenberger,sergio & Lya N
Warranty Deed
$55,000 · Sergio & Lya N Weissenberger
May 6, 2004
$104,000
Sergio Weissenberger
Reeves,george H & Linda D
Grant 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 174 Tomoka Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
