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Property profile & analytics
OFF-MARKET
Manufacturing properties
204 Flagler Ave New Smyrna Beach, FL 32169-2637
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-8974462
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1920
Construction
WOOD
Total area
1,866 SF
Lot
0.16 ac (6,900 SF)
Zoning code
B1
APN
7455-09-00-0030
UPID
US18-8974462
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
Eldora Properties LLC · 12 yrs held
Eldora Properties LLC
since 2013
4 recorded transactions
Zoning & alternative use
B1 · New Smyrna 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 New Smyrna Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Smyrna 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
$12,874
Tax year 2023
Assessed value
$778,197
Assessed 2023
Previous assessed
$760,219
+2.4% YoY
Effective rate
1.65%
On assessed value
Assessed land
$552,690
Assessed improvement
$225,507
Land market value
$552,690
Improvement market value
$225,507
Total market value
$778,197
Applied tax rate
601.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1920
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Stories
2
Units
1
Bathrooms
3
Total area
1,866 SF
Lot
0.16 ac (6,900 SF)
Zoning code
B1
APN
7455-09-00-0030
UPID
US18-8974462
Jurisdiction
VOLUSIA
Zoning & alternative use
B1 · New Smyrna Beach, FL
Zoning B1 · permitted uses
B1 · New Smyrna Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Smyrna Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1920
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Buildings
2
Units
1
Bathrooms
3
Lot
0.16 ac
Current owner
From public records · entity-resolved
Eldora Properties LLC
Entity
Mailing address
2103 HL ST, NEW SMYRNA BEACH, FL 32169-3323
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 22, 2019
—
Key New Smyrna LLC
—
Loan Modification
related
$15,000,000 · Banco Desabadell Sa/miami Br
Dec 17, 2013
$590,000
Eldora Properties LLC
Greenwood,william H & Kathleen K
Warranty Deed
$365,000 · Bankfirst
May 25, 1999
$122,000
William H Greenwood
Baetzman,edwin A
Grant Deed
$91,500 · Republic Bank
—
—
William H Greenwood
—
Deed Of Trust
related
$200,000 · Republic Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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