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Property profile & analytics
OFF-MARKET
Estimated value
$8,130,000
Manufacturing properties
2323 Atlantic Ave Daytona Beach, FL 32118-5345
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-7442349
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1973
Construction
CONCRETE
Total area
53,306 SF
Lot
1.29 ac (56,250 SF)
Zoning code
T
APN
5322-03-01-0130
UPID
US18-7442349
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
-
RUSHHH Daytona Beach, Tapestry Collection by Hilton Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.80M
CAP Approach
CAP
$4.88M
Comparable Approach
Comparable
$5.64M
Blend (final)
Blend
$8.13M
Owner & transaction history
Slf V Dbs Holdco LLC · 2 yrs held
Slf V Dbs Holdco LLC
since 2023
Last sale
$10.5M
7 recorded transactions
Zoning & alternative use
T · Daytona Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$13.2M
+110.4%
Restaurant
$11.4M
+81.7%
Neighborhood: shopping center
$11.3M
+79.6%
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 Daytona Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Daytona 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
Method
Estimation
Statistic approach
$11,130,000
ML approach
$8,800,000
CAP Approach
CAP Return
Estimation
6%
$5,290,000
6.5%
$4,880,000
7%
$4,535,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$6,295,000
Current use
AUTO REPAIR, GARAGE
$13,245,000
Change: +110% · Conversion: Easy
RESTAURANT
$11,440,000
Change: +82% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$11,310,000
Change: +80% · Conversion: Difficult
MEDICAL BUILDING
$10,425,000
Change: +66% · Conversion: Difficult
COMMERCIAL (GENERAL)
$9,630,000
Change: +53% · Conversion: Difficult
RETAIL STORES
$6,595,000
Change: +5% · Conversion: Moderate
Blend value · Realmo final
$8.13M
Range $7.32M – $8.94M · ±10% · vs last sale $10.50M (Nov 3 2023)
Last sale anchor
$10.50M
Nov 3 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
$153 / 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
$77,512
Tax year 2023
Assessed value
$3,770,112
Assessed 2023
Previous assessed
$3,770,112
+0.0% YoY
Effective rate
2.06%
On assessed value
Assessed land
$2,278,125
Assessed improvement
$1,491,987
Land market value
$2,278,125
Improvement market value
$1,491,987
Total market value
$3,770,112
Applied tax rate
403.0000
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
1973
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Units
110
Bathrooms
128
Total area
53,306 SF
Lot
1.29 ac (56,250 SF)
Zoning code
T
APN
5322-03-01-0130
UPID
US18-7442349
Jurisdiction
VOLUSIA
Zoning & alternative use
T · Daytona Beach, FL
Zoning T · permitted uses
T · Daytona Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Daytona Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$6.3M
AUTO REPAIR, GARAGE
Est. value
$13.2M
RESTAURANT
Est. value
$11.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$11.3M
MEDICAL BUILDING
Est. value
$10.4M
COMMERCIAL (GENERAL)
Est. value
$9.6M
RETAIL STORES
Est. value
$6.6M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
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
1973
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
110
Bathrooms
128
Lot
1.29 ac
Current owner
From public records · entity-resolved
Slf V Dbs Holdco LLC
Entity
Mailing address
40 W 57TH ST, NEW YORK, NY 10019-4001
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2023
$10,500,000
Slf V Dbs Holdco LLC
Ad1 Daytona Hotels LLC
Special Warranty Deed
—
Dec 15, 2021
—
Ad1 Daytona Hotels LLC
—
Deed
related
$165,000,000 · Hps Investment Partners LLC
Dec 14, 2021
—
Occ Construction LLC
Stephen Harden Clark
Affidavit
—
Jun 29, 2018
$8,850,000
Ad1 Daytona Hotels LLC
Posh Capital LLC
Special Warranty Deed
$9,005,000 · Readycap Commercial LLC
Oct 3, 2011
$3,000,000
Posh Capital LLC
2323 S Atlantic Ave LLC
Grant Deed
—
Sep 1, 2011
$1,000,100
2323 S Atlantic Ave LLC
Royal Atlantic Resort Coc
Trustees Deed
related
—
Nov 15, 2004
$5,070,737
Royal Atlantic Resort LLC
Ocn Palms Ltd
Warranty Deed
$4,000,000 · Branch Banking & Trust Co
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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