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Property profile & analytics
OFF-MARKET
Estimated value
$1,645,000
Community centers
2031 Saxon Blvd, Deltona, FL 32725-3237
Entity Owned
23-yr Hold
~
Est. High Equity
Property ID
US18-5044327
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1976
Construction
WOOD
Total area
12,000 SF
Lot
2.33 ac (101,561 SF)
Zoning code
B4
APN
8023-01-12-0090
UPID
US18-5044327
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
-
Sunshine Medical Equipment & Supply Production Facility
-
Dare Wear Fashions (Bike/Boat/Book/etc) Store
-
Butler Insurance Services Insurance Agency
-
H L Nails & Spa Nail Salon
-
Azalea Spa Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.65M
Owner & transaction history
Shaffer Investments LLC · 23 yrs held
Shaffer Investments LLC
since 2003
6 recorded transactions
Zoning & alternative use
B4 · Deltona, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$2.5M
+15.8%
Commercial (general)
$2.3M
+9.2%
Medical building
$2.2M
+3.9%
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 Deltona submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Deltona 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,150,000
Current use
WAREHOUSE, STORAGE
$2,490,000
Change: +16% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,345,000
Change: +9% · Conversion: Easy
MEDICAL BUILDING
$2,230,000
Change: +4% · Conversion: Difficult
RETAIL STORES
$2,115,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$1.65M
Range $1.48M – $1.81M · ±10%
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
$137 / 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
$28,711
Tax year 2023
Assessed value
$1,341,908
Assessed 2023
Previous assessed
$1,247,735
+7.5% YoY
Effective rate
2.14%
On assessed value
Assessed land
$406,244
Assessed improvement
$935,664
Land market value
$406,244
Improvement market value
$935,664
Total market value
$1,341,908
Applied tax rate
16.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1976
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
3
Stories
1
Bathrooms
24
Total area
12,000 SF
Lot
2.33 ac (101,561 SF)
Zoning code
B4
APN
8023-01-12-0090
UPID
US18-5044327
Jurisdiction
VOLUSIA
Zoning & alternative use
B4 · Deltona, FL
Zoning B4 · permitted uses
B4 · Deltona, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Deltona. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.2M
WAREHOUSE, STORAGE
Est. value
$2.5M
COMMERCIAL (GENERAL)
Est. value
$2.3M
MEDICAL BUILDING
Est. value
$2.2M
RETAIL STORES
Est. value
$2.1M
NEIGHBORHOOD: SHOPPING CENTER Current
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
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
1976
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Bathrooms
24
Lot
2.33 ac
Current owner
From public records · entity-resolved
Shaffer Investments LLC
Entity
Mailing address
879 MASON AVE, DAYTONA BEACH, FL 32117-4718
Ownership since
2003
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
Aug 9, 2018
—
American Tower Asset Sub LLC
—
Deed
related
—
Feb 2, 2012
—
William J Shaffer
—
Deed Of Trust
related
$1,951,878 · Banco Popular NA
Apr 18, 2003
$1,350,000
Shaffer Investments LLC
C & N Properties INC
Grant Deed
$1,215,000 · First Community Bank
Apr 18, 2003
—
Shaffer Investments LLC
Newbern,g A
Quit Claim Deed
related
—
—
—
William J Shaffer
—
Deed Of Trust
related
$1,120,000 · Banco Popular NA
—
—
American Tower Asset Sub LLC
—
Loan Modification
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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