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    Property profile & analytics

    242 Northshore Dr Ste A Ormond Beach, FL 32176-7704

    • Investment properties
    • 675 SF
    • 0.02 lot acres
    OFF-MARKET
    Value Estimation
    $140,000
    Last Sale
    Sep 08, 2022
    $160,000
    Location Intelligence
    Property ID
    US18-0208893
    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

    • Investment properties

    Property Details for 242 Northshore Dr Ste A

    Year built
    1947
    Construction
    CONCRETE BLOCKS
    Lot size
    0.02 lot acres
    Property size
    675 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    4223-29-00-0020
    APU
    422329000020

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $130,000

    • CAP approach

      CAP return
      Estimation
      6%
      $160,000
      6.5%
      $165,000
      7%
      $165,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $170,000
      Geo Method
      $145,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $175,000
      Retail
      $145,000
      Mixed-Use
      $140,000
      Hospitality
      $145,000
      Educational
      $140,000
      Residential Income
      $180,000
      Energy
      $180,000
      Income-Based Land
      $145,000
      Food Service
      $175,000

    Location Insight

    • Map
    • Local Demand
    City
    Ormond Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.0332
    Latitude
    29.2756
    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
    $1,486
    $38,475
    $52,517
    $90,992
    -
    $38,475
    $52,517
    $90,992

    Comparable in this City

    • Value Estimation by Request
      675 SF

      229 Cardinal Dr Ste A

      OFFICE/RESIDENTIAL (MIXED USE) • 675 SF
      229 Cardinal Dr Ste A, Ormond Beach, FL 32176-7737
      View Details
    • Value Estimation
      $170,000
      675 SF

      229 Cardinal Dr Ste B

      OFFICE/RESIDENTIAL (MIXED USE) • 675 SF
      229 Cardinal Dr Ste B, Ormond Beach, FL 32176-7737
      View Details
    • Value Estimation by Request
      675 SF

      242 Northshore Dr Ste B

      OFFICE/RESIDENTIAL (MIXED USE) • 675 SF
      242 Northshore Dr Ste B, Ormond Beach, FL 32176-7704
      View Details
    • Value Estimation by Request
      210 SF

      621 Atlantic Ave, Unit CU-2

      STORE/OFFICE (MIXED USE) • 210 SF
      621 Atlantic Ave, Ormond Beach, FL 32176-7715
      View Details
    • Value Estimation by Request
      690 SF

      621 Atlantic Ave, Unit CU-3

      STORE/OFFICE (MIXED USE) • 690 SF
      621 Atlantic Ave, Ormond Beach, FL 32176-7715
      View Details
    • Value Estimation
      $385,000
      6,590 SF

      55 Seton Trl

      STORE/OFFICE (MIXED USE) • 6,590 SF
      55 Seton Trl, Ormond Beach, FL 32176-6524
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
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      Ormond Beach Mall Retail Space

      Prime Ormond Beach retail space available.
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    • $0.09 SF/Yr
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      Versatile Office Suites, 2,275-4,082 SF
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      View Details
    • Contact for pricing
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      Retail Space in Ormond Beach

      Retail space available in a busy Ormond Beach shopping center.
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    • $192 SF/Yr
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      Beachfront Office Space Available
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      Ormond Beach Retail Space Available

      High-visibility retail space in a thriving beachside plaza.
      1452 Ocean Shore Blvd, Ormond Beach, FL 32176
      View Details
    • $2,250 /Mo
      Pending

      Ormond Beach Prime Office Space

      Highly visible 1,800 SF office space for lease.
      115 E Granada Blvd, Ormond Beach, FL 32176
      View Details
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    Ormond Beach, FL 32176-7704
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    Realmo Value Estimation

    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.

    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.

    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
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