Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    219 Volusia Ave Orange City, FL 32763-5103

    • Retail properties
    • 7,737 SF
    • 0.96 lot acres
    OFF-MARKET
    Value Estimations
    $520,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-4622665
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Calderon Santiago MD / Infectious Disease Physician
    • Pinnacle Bank In Organization / Association Or Organization

    Property Details for 219 Volusia Ave

    Year built
    1953
    Construction
    CONCRETE
    Lot size
    0.96 lot acres
    Property size
    7,737 SF
    Zone code
    C1
    Property type
    Retail properties
    APN
    8003-26-04-0020
    APU
    800326040020

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $517,000
      Market price range: $346k - $1.36M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Orange City
    County
    Volusia
    State
    Florida
    Longitude
    -81.2993
    Latitude
    28.9499
    CBSA code
    19660
    CBSA name
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,137
    $143,264
    $271,501
    $414,765
    -
    $143,264
    $271,501
    $414,765

    Comparable in this City

    • Value Estimation by Request
      103,999 SF

      2612 Enterprise Rd

      Lifestyle centers • 103,999 SF
      2612 Enterprise Rd, Orange City, FL 32763
      View Details
    • Value Estimation by Request
      1,898 SF

      1933 Volusia Ave

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 1,898 SF
      1933 Volusia Ave, Orange City, FL 32763-7300
      View Details
    • Value Estimation
      $655,000
      10,440 SF

      1220 Industrial Dr

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 10,440 SF
      1220 Industrial Dr, Orange City, FL 32763-7113
      View Details
    • Value Estimation by Request
      1,344 SF

      475 Volusia Ave

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 1,344 SF
      475 Volusia Ave, Orange City, FL 32763-5807
      View Details
    • Value Estimation
      $860,000
      6,000 SF

      401 Volusia Ave

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 6,000 SF
      401 Volusia Ave, Orange City, FL 32763-5807
      View Details
    • Value Estimation
      $580,000
      3,699 SF

      743 Harley Strickland Blvd

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 3,699 SF
      743 Harley Strickland Blvd, Orange City, FL 32763
      View Details

    Similar Nearby for Sale

    • $360,000

      Orange City Retail Land Investment

      Prime Retail Land, High Traffic, Buildable
      2421 Enterprise Rd, Orange City, FL 32763
      View Details
    • Contact for pricing

      Kohl's Anchored Pad Site

      Pad site in dominant power center with excellent visibility.
      1065 Harley Strickland Blvd, Orange City, FL 32763
      View Details
    • $450,000
      2,660 SF

      Prime Commercial Property in Orange

      Strategically located commercial property with versatile layout in thriving community.
      155 W Blue Springs Ave, Orange City, FL 32763
      View Details
    • $849,000
      5,387 SF

      Upgraded Auto Body Shop

      Fully upgraded auto body shop with rental income in Orange City.
      906 Shadick Dr, Orange City, FL 32763
      View Details
    • $750,000
      1,050 SF

      Auto Shop with Residential Income

      Six-bay auto shop with renovated 3-bedroom residential unit.
      145 E Michigan Ave, Orange City, FL 32763
      View Details
    • $3,400,000
      2.46 Acres

      Thriving Truck Parking Business

      92-space truck parking in industrial area, fully rented.
      1120 S Leavitt Ave, Orange City, FL 32763
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      100,883 SF

      Four Townes Shopping Center: Prime Retail Space

      Retail spaces available in Orange City, FL
      2412 Volusia Ave, Orange City, FL 32763
      View Details
    • Contact for pricing
      272,923 SF

      Prime Orange City Retail Space

      Large Anchor Space Available, Volusia County
      810 Saxon Blvd, Orange City, FL 32763
      View Details
    • $12 SF/Yr
      37,328 SF

      Orange City Office Space Available

      Prime Office/Retail Space in Volusia County
      2751 Enterprise Rd, Orange City, FL 32763
      View Details
    • Contact for pricing
      1,700 SF

      Retail Space in High-Traffic Area

      Retail space available in a renovated, anchored neighborhood center.
      2397-2437 Enterprise Rd, Orange City, FL 32763
      View Details
    • Contact for pricing
      10,000 SF

      Retail Space in Orange City

      Retail property with abundant parking and pylon signage available.
      2460 S Volusia Ave, Orange City, FL 32763
      View Details
    • Contact for pricing
      5,174 SF

      Freestanding Restaurant Space For Lease

      5,174 SF restaurant space with ample parking near I-4.
      1212 Saxon Blvd, Orange City, FL 32763
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    219 Volusia Ave
    Orange City, FL 32763-5103
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.