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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Investment properties
204 Cessna Blvd Port Orange, FL 32128-7270
Individually Owned
3-yr Hold
Free & Clear
Property ID
US18-3579059
Property summary
AI-generated overview
This exceptional 250-square-foot office space is ideally situated on the second floor of a building located in the vibrant commercial district of Spruce Creek Fly-In, Port Orange, Florida. The property, identified by APN 6225-16-00-0030, is a single-tenant office within a two-story building, offering a convenient and efficient workspace. The building sits on a 0.08-acre lot, providing ample space and accessibility. This single-suite office is perfect for a small business or individual professional seeking a professional and well-located office environment. Utilities are included, excluding cable, internet, and phone services, offering flexibility and cost-effectiveness. The address is 204 Cessna Boulevard, Port Orange, FL 32128. Its convenient location within the Spruce Creek Fly-In commercial area provides excellent visibility and accessibility for clients and employees. This is a fantastic opportunity to secure a well-maintained and conveniently located office space in a thriving business community. The property is ready for immediate occupancy. Contact us today to schedule a viewing.
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1997
Construction
WOOD
Total area
4,732 SF
Lot
0.08 ac (3,640 SF)
APN
6225-16-00-0030
UPID
US18-3579059
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
$530k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$383k
Blend (final)
Blend
$555k
Owner & transaction history
Dennis R Demers · 3 yrs held
Dennis R Demers
since 2023
Last sale
$550,000
3 recorded transactions
Zoning & alternative use
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 Port Orange submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Orange 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
$600,000
ML approach
$530,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$555k
Range $500k – $611k · ±10% · vs last sale $550k (Apr 17 2023)
Last sale anchor
$550k
Apr 17 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
$117 / 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
$12,810
Tax year 2023
Assessed value
$762,885
Assessed 2023
Previous assessed
$721,134
+5.8% YoY
Effective rate
1.68%
On assessed value
Assessed land
$254,800
Assessed improvement
$508,085
Land market value
$254,800
Improvement market value
$508,085
Total market value
$762,885
Applied tax rate
600.0000
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
1997
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
2
Bathrooms
2
Total area
4,732 SF
Lot
0.08 ac (3,640 SF)
APN
6225-16-00-0030
UPID
US18-3579059
Jurisdiction
VOLUSIA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1997
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Bathrooms
2
Lot
0.08 ac
Current owner
From public records · entity-resolved
Dennis R Demers
Individual
Free & Clear · 3 yrs held
Mailing address
2685 SPRUCE CRK BLVD, PORT ORANGE, FL 32128-6926
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2023
—
Dennis R Demers
Dennis R Demers
Intrafamily Transfer
related
—
Oct 16, 2018
$550,000
Dennis R Demers
Rose,donald R D & Dorothy C D
Warranty Deed
—
Nov 16, 2000
$155,000
Donald R Delrose
Martin,mark A & Arlene E
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.
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