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Property profile & analytics
OFF-MARKET
Estimated value
$2,390,000
Community centers
2140 Riverside Dr Edgewater, FL 32141-4234
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-5063776
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
10,320 SF
Lot
3.05 ac (132,896 SF)
Zoning code
B3
APN
8402-00-00-0131
UPID
US18-5063776
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
-
Aikido of Volusia Training Center Sports School
-
Boho Creations Co. Hair Salon
-
Abstract Builders Inc Hardware & Home Improvement Interior Design
-
Rotary Club Of Edgewater, Florida Nightclub Music Venue
-
hair by Riley Elizabeth Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.85M
CAP Approach
CAP
$2.41M
Comparable Approach
Comparable
$3.16M
Blend (final)
Blend
$2.39M
Owner & transaction history
Yosef Aleichem LLC · 4 yrs held
Yosef Aleichem LLC
since 2022
Last sale
$2.4M
5 recorded transactions
Zoning & alternative use
B3 · Edgewater, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.7M
+99.5%
Auto repair, garage
$2.6M
+38.8%
Medical building
$1.9M
+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 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
Method
Estimation
Statistic approach
$2,110,000
ML approach
$1,845,000
CAP Approach
CAP Return
Estimation
6%
$2,610,000
6.5%
$2,410,000
7%
$2,240,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,850,000
Current use
RESTAURANT
$3,685,000
Change: +99% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,565,000
Change: +39% · Conversion: Difficult
MEDICAL BUILDING
$1,920,000
Change: +4% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,895,000
Change: +3% · Conversion: Easy
RETAIL STORES
$1,820,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$2.39M
Range $2.15M – $2.63M · ±10% · vs last sale $2.38M (Jun 22 2022)
Last sale anchor
$2.38M
Jun 22 2022
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
$232 / 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
$22,385
Tax year 2023
Assessed value
$1,150,522
Assessed 2023
Previous assessed
$1,101,136
+4.5% YoY
Effective rate
1.95%
On assessed value
Assessed land
$349,849
Assessed improvement
$800,673
Land market value
$349,849
Improvement market value
$800,673
Total market value
$1,150,522
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Bathrooms
11
Total area
10,320 SF
Lot
3.05 ac (132,896 SF)
Zoning code
B3
APN
8402-00-00-0131
UPID
US18-5063776
Jurisdiction
VOLUSIA
Zoning & alternative use
B3 · Edgewater, FL
Zoning B3 · permitted uses
B3 · 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.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.9M
RESTAURANT
Est. value
$3.7M
AUTO REPAIR, GARAGE
Est. value
$2.6M
MEDICAL BUILDING
Est. value
$1.9M
COMMERCIAL (GENERAL)
Est. value
$1.9M
RETAIL STORES
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
11
Lot
3.05 ac
Current owner
From public records · entity-resolved
Yosef Aleichem LLC
Entity
Mailing address
10815 BOCA POINTE DR, ORLANDO, FL 32836-5861
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 22, 2022
$2,375,000
Yosef Aleichem LLC
James C Carder JR
Warranty Deed
$3,087,500 · Midflorida Cu
Aug 9, 2005
—
Carder James C Trust
Carder,james C & Rosemary
Quit Claim Deed
related
—
—
—
James C Carder JR
—
Loan Modification
related
$746,743 · Friends Bk
—
—
Carder James C Trust
—
Deed Of Trust
related
$185,000 · Friends Bank
—
—
James C Carder SR.
—
Deed Of Trust
related
$344,589 · Friends 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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