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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Drive through restaurants
250 Atlantic Ave Ormond Beach, FL 32176-8150
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-0324782
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1976
Construction
WOOD
Total area
2,864 SF
Lot
0.76 ac (32,975 SF)
Zoning code
B7
APN
4214-18-05-0010
UPID
US18-0324782
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
-
Dunkin' Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$515k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$391k
Blend (final)
Blend
$560k
Owner & transaction history
Afshari 250 LLC · 4 yrs held
Afshari 250 LLC
since 2022
Last sale
$675,000
7 recorded transactions
Zoning & alternative use
B7 · Ormond Beach, 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 Ormond Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ormond 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
$540,000
ML approach
$515,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$560k
Range $504k – $616k · ±10% · vs last sale $675k (Jan 7 2022)
Last sale anchor
$675k
Jan 7 2022
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
$196 / 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
$10,338
Tax year 2023
Assessed value
$633,084
Assessed 2023
Previous assessed
$594,991
+6.4% YoY
Effective rate
1.63%
On assessed value
Assessed land
$263,800
Assessed improvement
$369,284
Land market value
$263,800
Improvement market value
$369,284
Total market value
$633,084
Applied tax rate
201.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1976
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
2
Total area
2,864 SF
Lot
0.76 ac (32,975 SF)
Zoning code
B7
APN
4214-18-05-0010
UPID
US18-0324782
Jurisdiction
VOLUSIA
Zoning & alternative use
B7 · Ormond Beach, FL
Zoning B7 · permitted uses
B7 · Ormond Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ormond Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1976
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.76 ac
Current owner
From public records · entity-resolved
Afshari 250 LLC
Entity
Mailing address
200 TOMOKA AVE STE B, ORMOND BEACH, FL 32174-6315
Ownership since
2022
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
Jan 7, 2022
$675,000
Afshari 250 LLC
Schiff Enterprises
Warranty Deed
$573,750 · Ameris Bank
Dec 6, 2013
$575,000
Ents Schiff
240 Atlantic LLC
Warranty Deed
—
Dec 3, 2012
—
240 Atlantic LLC
Redus Florida Commercial LLC
Grant Deed
—
Dec 23, 2010
—
Redus Florida Commercial LLC
Ocean Waters Asset Co LLC
Quit Claim Deed
related
—
Jan 26, 2006
$1,750,000
Bray & Gillespie Xxxiv LLC
Ral LLC
Grant Deed
—
Jul 8, 2002
$153,750
Ral LLC
Reaves,morris G
Grant Deed
$497,000 · Coquina Bank
—
—
Ral LLC
—
Deed Of Trust
related
$800,000 · Athens First Bank & Trust
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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