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Property profile & analytics
OFF-MARKET
Warehouses
1816 Hibiscus Dr Edgewater, FL 32132-3426
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US19-0825109
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,600 SF
Lot
0.27 ac (11,840 SF)
Zoning code
B2
APN
8402-01-00-5440
UPID
US19-0825109
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
All Storage II LLC · 8 yrs held
All Storage II LLC
since 2017
7 recorded transactions
Zoning & alternative use
B2 · Edgewater, 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 Edgewater submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Edgewater 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
$3,405
Tax year 2023
Assessed value
$185,346
Assessed 2023
Previous assessed
$160,016
+15.8% YoY
Effective rate
1.84%
On assessed value
Assessed land
$33,744
Assessed improvement
$151,602
Land market value
$33,744
Improvement market value
$151,602
Total market value
$185,346
Applied tax rate
604.0000
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Total area
3,600 SF
Lot
0.27 ac (11,840 SF)
Zoning code
B2
APN
8402-01-00-5440
UPID
US19-0825109
Jurisdiction
VOLUSIA
Zoning & alternative use
B2 · Edgewater, FL
Zoning B2 · permitted uses
B2 · Edgewater, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Edgewater. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
All Storage II LLC
Entity
Free & Clear · 8 yrs held
Mailing address
450 WILDWOOD DR, NEW SMYRNA BEACH, FL 32168-1828
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2017
$170,000
All Storage II LLC
Ddmd Adjusting INC
Warranty Deed
—
Jan 6, 2017
$150,000
Ddmd Adjusting INC
Aaa Mini Storage Of New Smyrna Be
Warranty Deed
$150,000 · Barr Richard D Trust (pt)
May 9, 2006
$180,000
Aaa Mini Storage Of New Smyna Bch
1816 Hibiscus INC
Warranty Deed
—
May 1, 2006
—
Record Owner
Owner,record
Warranty Deed
related
—
Sep 29, 2005
$180,000
1816 Hibiscus INC
Elliott W G Trust
Warranty Deed
related
—
Jul 19, 2005
$145,000
Elliott W G Trust
Sparks Realty INC
Warranty Deed
related
—
Sep 8, 2003
$150,000
Sparks Realty INC
602 INC
Grant Deed
related
$150,000 · Elliott Trust
May 15, 2002
$65,000
Caputo Trust
Caputo Trust
Grant Deed
related
—
Apr 4, 2000
$118,000
Caputo Trust
Aaa Mini Storage New Smyrna Be
Grant Deed
related
$118,000 · Individual
Oct 2, 1998
$90,000
Aaa Mini Storage Climate Contr
Aaa Mini Storage Edgewater Div
Grant Deed
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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