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Property profile & analytics
OFF-MARKET
Estimated value
$4,690,000
Gas stations
2555 State Rd 44 New Smyrna Beach, FL 32168-8287
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-7243682
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
2017
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
46,858 SF
Lot
11.41 ac (497,138 SF)
Zoning code
R3
APN
7323-02-01-0080
UPID
US18-7243682
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.69M
Owner & transaction history
City Of New Smyrna Beach · 6 yrs held
City Of New Smyrna Beach
since 2020
6 recorded transactions
Zoning & alternative use
R3 · New Smyrna Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$7.6M
+47.6%
Retail stores
$5.9M
+15.0%
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 New Smyrna Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Smyrna 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE STATION (FULL SERVICE)
$5,120,000
Current use
RESTAURANT
$7,555,000
Change: +48% · Conversion: Difficult
RETAIL STORES
$5,890,000
Change: +15% · Conversion: Difficult
MEDICAL BUILDING
$5,010,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$4.69M
Range $4.22M – $5.16M · ±10%
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
$100 / 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
$147,089
Tax year 2023
Assessed value
$7,581,936
Assessed 2023
Previous assessed
$7,224,418
+4.9% YoY
Effective rate
1.94%
On assessed value
Assessed land
$2,472,019
Assessed improvement
$5,109,917
Land market value
$2,472,019
Improvement market value
$5,109,917
Total market value
$7,581,936
Applied tax rate
601.0000
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
2017
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
1
Total area
46,858 SF
Lot
11.41 ac (497,138 SF)
Zoning code
R3
APN
7323-02-01-0080
UPID
US18-7243682
Jurisdiction
VOLUSIA
Zoning & alternative use
R3 · New Smyrna Beach, FL
Zoning R3 · permitted uses
R3 · New Smyrna Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Smyrna Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
SERVICE STATION (FULL SERVICE) Current
Est. value
$5.1M
RESTAURANT
Est. value
$7.6M
RETAIL STORES
Est. value
$5.9M
MEDICAL BUILDING
Est. value
$5.0M
SERVICE STATION (FULL SERVICE) Current
RESTAURANT
RETAIL STORES
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
2017
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Lot
11.41 ac
Current owner
From public records · entity-resolved
City Of New Smyrna Beach
Entity
Free & Clear · 6 yrs held
Mailing address
505 S FLAGLER DR STE #700, WEST PALM BEACH, FL 33401-5946
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 24, 2020
—
City Of New Smyrna Beach
Tt/new Smyrna LLC
Correction Deed
related
—
Dec 26, 2017
—
City Of New Smyrna Beach
Tt Of Smyrna Beach LLC
Warranty Deed
related
—
Sep 13, 2016
$2,700,000
Tt Of New Smyrna
Mitchell Equity Group Lllp
Special Warranty Deed
—
Nov 9, 2004
—
Mitchell Equity Group Lllp
Mitchell Group Lllp
Quit Claim Deed
related
—
May 10, 2004
$1,448,400
Mitchell Group LLP
Mitchell,tr
Grant Deed
related
—
—
—
Mitchell Equity Group Lllp
—
Deed Of Trust
related
$750,000 · George W & Susan R Pezanowski
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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