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Property profile & analytics
OFF-MARKET
Estimated value
$1,410,000
Investment properties
2100 Ridgewood Ave, South Daytona, FL 32119-5009
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-4598109
Property summary
AI-generated overview
This exceptional 800-square-foot office space is ideally situated at 2100 S Ridgewood Avenue in South Daytona, Florida, zip code 32119. The property is a single-tenant office building located on a one-acre lot. The unit itself boasts a private bathroom, offering convenience and privacy for its occupants. The building is well-maintained and presents a very professional image, ideal for businesses seeking a polished and reputable address. Ample parking is available on-site, ensuring convenient access for employees and clients. The open floor plan provides flexibility for various office configurations, allowing businesses to customize the space to meet their specific needs. This prime location in South Daytona offers excellent visibility and accessibility, making it an attractive option for a wide range of businesses. The property is ready for immediate occupancy. This is a fantastic opportunity to secure a well-maintained, conveniently located office space in a desirable area. Contact us today to schedule a viewing.
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2010
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
10,250 SF
Lot
0.92 ac (40,000 SF)
Zoning code
BR
APN
5344-16-00-0515
UPID
US18-4598109
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.51M
CAP Approach
CAP
$1.95M
Comparable Approach
Comparable
$1.10M
Blend (final)
Blend
$1.41M
Owner & transaction history
Sobt LLC · 2 yrs held
Sobt LLC
since 2023
Last sale
$1.4M
2 recorded transactions
Zoning & alternative use
BR · South Daytona, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.2M
+55.0%
Neighborhood: shopping center
$2.2M
+53.3%
Medical building
$2.0M
+41.3%
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 South Daytona submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Daytona 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
$1,520,000
ML approach
$1,510,000
CAP Approach
CAP Return
Estimation
6%
$2,110,000
6.5%
$1,950,000
7%
$1,810,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,420,000
Current use
RESTAURANT
$2,200,000
Change: +55% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,175,000
Change: +53% · Conversion: Difficult
MEDICAL BUILDING
$2,005,000
Change: +41% · Conversion: Easy
RETAIL STORES
$1,730,000
Change: +22% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,210,000
Change: -15% · Conversion: Moderate
Blend value · Realmo final
$1.41M
Range $1.27M – $1.55M · ±10% · vs last sale $1.40M (Dec 5 2023)
Last sale anchor
$1.40M
Dec 5 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
$138 / 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
$15,811
Tax year 2023
Assessed value
$787,684
Assessed 2023
Previous assessed
$723,266
+8.9% YoY
Effective rate
2.01%
On assessed value
Assessed land
$160,000
Assessed improvement
$627,684
Land market value
$160,000
Improvement market value
$627,684
Total market value
$787,684
Applied tax rate
401.0000
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
2010
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
2
Total area
10,250 SF
Lot
0.92 ac (40,000 SF)
Zoning code
BR
APN
5344-16-00-0515
UPID
US18-4598109
Jurisdiction
VOLUSIA
Zoning & alternative use
BR · South Daytona, FL
Zoning BR · permitted uses
BR · South Daytona, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Daytona. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.4M
RESTAURANT
Est. value
$2.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.2M
MEDICAL BUILDING
Est. value
$2.0M
RETAIL STORES
Est. value
$1.7M
INDUSTRIAL (GENERAL)
Est. value
$1.2M
COMMERCIAL (GENERAL) Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
RETAIL STORES
INDUSTRIAL (GENERAL)
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
2010
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.92 ac
Current owner
From public records · entity-resolved
Sobt LLC
Entity
Free & Clear · 2 yrs held
Mailing address
505 N PARK AVE STE #213, WINTER PARK, FL 32789-3268
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2023
$1,400,000
Sobt LLC
Emil Puswald
Special Warranty Deed
—
Mar 21, 2005
$330,000
Emil Puswald
Katsanos,george
Warranty 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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