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Property profile & analytics
OFF-MARKET
Estimated value
$2,255,000
Motels
225 New York Ave Deland, FL 32720-5417
Entity Owned
~
Est. High Equity
Property ID
US18-9906413
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1921
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
60,703 SF
Lot
1.39 ac (60,375 SF)
Zoning code
C2
APN
7009-62-00-0090
UPID
US18-9906413
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
-
American Standard Insurance Agency
-
Putnam Hotel Deland Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.33M
Blend (final)
Blend
$2.26M
Owner & transaction history
Blue Ian LLC
Blue Ian LLC
since 2025
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
C2 · Deland, 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 Deland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Deland 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
$1,800,000
ML approach
$2,095,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.26M
Range $2.03M – $2.48M · ±10% · vs last sale $2.30M (Sep 21 2021)
Last sale anchor
$2.30M
Sep 21 2021
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
$37 / 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
$13,307
Tax year 2023
Assessed value
$709,630
Assessed 2023
Previous assessed
$753,839
-5.9% YoY
Effective rate
1.88%
On assessed value
Assessed land
$316,969
Assessed improvement
$392,661
Land market value
$316,969
Improvement market value
$392,661
Total market value
$709,630
Applied tax rate
12.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1921
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
2
Bathrooms
90
Total area
60,703 SF
Lot
1.39 ac (60,375 SF)
Zoning code
C2
APN
7009-62-00-0090
UPID
US18-9906413
Jurisdiction
VOLUSIA
Zoning & alternative use
C2 · Deland, FL
Zoning C2 · permitted uses
C2 · Deland, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Deland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1921
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
2
Bathrooms
90
Lot
1.39 ac
Current owner
From public records · entity-resolved
Blue Ian LLC
Entity
Mailing address
4421 N THANKSGIVING WAY STE #204, LEHI, UT 84043-2940
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 27, 2026
—
Blue Ian LLC
—
Deed
related
$2,788,076 · County Of Volusia
Nov 5, 2025
$2,750,000
Blue Ian LLC
Axia Putnam LLC
Special Warranty Deed
—
Sep 21, 2021
$2,300,000
Axia Putnam LLC
Big Bubba Investments LLC
Warranty Deed
—
Apr 2, 2018
$1,000,000
Big Bubba Investments LLC
225 West New York LLC
Warranty Deed
$800,000 · 225 West New York LLC
May 6, 2015
$450,000
225 West New York LLC
225 New York LLC
Grant Deed
—
Jun 28, 2013
$902,779
225 New York LLC
Occor INC
Warranty Deed
—
Jun 1, 2010
—
Occor INC
—
Trustees Deed
related
$250,000 · Mainstreet Community Bank Fl
Mar 9, 2009
—
Occor INC
Rm Realty Investments INC C
Trustees Deed
related
—
Jul 15, 2005
$2,720,100
Rm Realty Investments INC
Occor INC
Grant Deed
$1,755,000 · Occor INC
—
—
Jayne Rocco
—
Deed Of Trust
related
$280,901 · Mainstreet Community Bank Fl
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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