OFF-MARKET
Other investment properties
Individually Owned
~
Est. High Equity
Individually Owned Property summary
AI-generated overview
The property is a commercial building located on a high-traffic 4-lane state highway in Edgewater, just south of the New Smyrna Beach border, situated on a 0.5-acre lot. The building has a well-defined interior layout that includes three private offices, including an executive suite with a private restroom and closet, along with a reception area featuring a built-in desk and a large conference room. It also includes a full kitchen with an eat-in area and storage. A detached garage on the site provides two bays and two air-conditioned office spaces with a separate entrance. The property features established tombstone signage, ADA-compliant parking, and an entry ramp. Recent improvements include a gas tankless water heater, updated bathrooms, fresh paint, and modern lighting. The building comprises approximately 2,616 square feet of floor area and is configured for office, construction and trade service, and health or wellness uses.
Property profile
Verified
Property type
Other investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1946
Construction
WOOD
Total area
1,588 SF
Lot
0.5 ac (21,780 SF)
Zoning code
B3
APN
7452-01-00-0180
UPID
US18-0316403
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$420k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$480k
Owner & transaction history
since 2026
Last sale
$425,000
7 recorded transactions
Zoning & alternative use
B3 · Edgewater, FL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 6 comparables with addresses
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$480k
Value range
$432k – $528k
±10% around blend
Estimated value / SF
$302 / SF
Confidence
High
6 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
60
$432k
blend $480k
$528k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
1,588 SF
Lot area
0.5 ac
Year built
1946
Stories
1
APN
7452-01-00-0180
Assessed value
$381,407
Annual tax
$64
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$714k
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
14.2 mi away · 1,250 SF
16.0 mi away · 1,554 SF
25.8 mi away · 1,370 SF
26.5 mi away · 1,300 SF
26.5 mi away · 1,300 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$480k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 22 sales
$176
+71%
Submarket 29 sales
$184
+65%
County 625 sales
$196
+55%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $302/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$425k
Move the market yield to see immediate price impact.
Value / SF
$268
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$27k
$536k
$382k
$298k
$30k
$595k
$425k
$331k
$33k
$655k
$467k
$364k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$725k
2.0 mi · Feb 2026 · $541/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$64
Tax year 2023
Assessed value
$381,407
Assessed 2023
Previous assessed
$359,393
+6.1% YoY
Effective rate
0.02%
On assessed value
Assessed land
$124,963
Assessed improvement
$256,444
Land market value
$124,963
Improvement market value
$256,444
Total market value
$381,407
Applied tax rate
604.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1946
Construction
WOOD
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Bathrooms
1
Total area
1,588 SF
Lot
0.5 ac (21,780 SF)
Zoning code
B3
APN
7452-01-00-0180
UPID
US18-0316403
Jurisdiction
VOLUSIA
Zoning & alternative use
B3 · Edgewater, FLZoning B3 · permitted uses
B3 · Edgewater, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1946
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
1
Lot
0.5 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
B3
Jurisdiction
Edgewater, FL
Recorded code
B3
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B3 in Edgewater, FL.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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