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Property profile & analytics
OFF-MARKET
Estimated value
$1,420,000
Community centers
2550 Nova Rd Daytona Beach, FL 32119-8836
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-4518285
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,050 SF
Lot
0.84 ac (36,391 SF)
Zoning code
I-1
APN
5344-16-00-1382
UPID
US18-4518285
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
-
Pure Solutions Unlimited Inc. Home Appliance Store Hardware & Home Improvement
-
Arkham Asylum Comics (Bike/Boat/Book/etc) Store Newspaper & Magazine
-
Awesome Toys Daytona (Bike/Boat/Book/etc) Store Arcade & Gaming Center
-
The Race Place Scale Model Auto Racing (Bike/Boat/Book/etc) Store
-
Club de Ajedrez Gym & Fitness Center Sports Field & Court
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.30M
CAP Approach
CAP
$1.42M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.42M
Owner & transaction history
Aarya Dev LLC · 4 yrs held
Aarya Dev LLC
since 2022
Last sale
$1.5M
3 recorded transactions
Zoning & alternative use
I-1 · Daytona Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.5M
+17.1%
Restaurant
$1.3M
+1.2%
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
$1,390,000
ML approach
$1,300,000
CAP Approach
CAP Return
Estimation
6%
$1,530,000
6.5%
$1,415,000
7%
$1,310,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,285,000
Current use
AUTO REPAIR, GARAGE
$1,505,000
Change: +17% · Conversion: Difficult
RESTAURANT
$1,300,000
Change: +1% · Conversion: Difficult
MEDICAL BUILDING
$1,185,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$1.42M
Range $1.28M – $1.56M · ±10% · vs last sale $1.50M (Mar 22 2022)
Last sale anchor
$1.50M
Mar 22 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
$235 / 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
$11,948
Tax year 2023
Assessed value
$595,237
Assessed 2023
Previous assessed
$349,094
+70.5% YoY
Effective rate
2.01%
On assessed value
Assessed land
$229,263
Assessed improvement
$365,974
Land market value
$229,263
Improvement market value
$365,974
Total market value
$595,237
Applied tax rate
401.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Bathrooms
10
Total area
6,050 SF
Lot
0.84 ac (36,391 SF)
Zoning code
I-1
APN
5344-16-00-1382
UPID
US18-4518285
Jurisdiction
VOLUSIA
Zoning & alternative use
I-1 · Daytona Beach, FL
Zoning I-1 · permitted uses
I-1 · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.5M
RESTAURANT
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
RESTAURANT
MEDICAL BUILDING
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
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
10
Lot
0.84 ac
Current owner
From public records · entity-resolved
Aarya Dev LLC
Entity
Free & Clear · 4 yrs held
Mailing address
832 CATTAIL CT, WEST MELBOURNE, FL 32904-8147
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 22, 2022
—
Aarya Dev LLC
—
Deed
related
$2,250,000 · Valley Bank
Mar 22, 2022
$1,500,000
Aarya Dev LLC
Debra Hardy Stevens
Warranty Deed
—
Mar 22, 2022
—
Aarya Dev LLC
Rosemary A Locco
Warranty Deed
—
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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