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    Property profile & analytics

    298 S Nova Rd Unit, Unit E Ormond Beach, FL 32174

    • Investment properties
    • 2,040 SF
    • 0.05 lot acres
    For Lease
    View listing
    $3,554 /Mo
    Value Estimation
    $300,000
    Location Intelligence
    Property ID
    US18-6115836
    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

    • All Risks, Ltd. / Insurance Agency
    • Michael L. Hill, DC / Chiropractor
    • Ira & Son Shoe Repair / Shoe Repair Shop / Boot Repair Shop
    • Capital Partners Insurance / Insurance Agency
    • BB&T Insurance Services / Insurance Agency

    Property Details for 298 S Nova Rd Unit

    Year built
    2006
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.05 lot acres
    Property size
    2,040 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    4221-13-00-0050
    APU
    422113000050

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ormond Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.0827
    Latitude
    29.2716
    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
    $3,892
    $46,575
    $191,783
    $238,358
    -
    $46,575
    $191,783
    $238,358

    Comparable in this City

    • Value Estimation by Request
      9,038 SF

      150 Beach St Sta, Unit A

      STORE/OFFICE (MIXED USE) • 9,038 SF
      150 Beach St Sta, Ormond Beach, FL 32174-6373
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    • Value Estimation by Request
      22,500 SF

      15 Tower Cir

      STORE/OFFICE (MIXED USE) • 22,500 SF
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    • Value Estimation by Request
      6,720 SF

      560 Yonge St

      STORE/OFFICE (MIXED USE) • 6,720 SF
      560 Yonge St, Ormond Beach, FL 32174-7540
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    • Value Estimation by Request
      29,983 SF

      1446 Granada Blvd

      STORE/OFFICE (MIXED USE) • 29,983 SF
      1446 Granada Blvd, Ormond Beach, FL 32174-9141
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    • Value Estimation by Request
      766 SF

      555 Granada Blvd Ste F5

      STORE/OFFICE (MIXED USE) • 766 SF
      555 Granada Blvd Ste F5, Ormond Beach, FL 32174-9405
      View Details
    • Value Estimation by Request
      766 SF

      555 Granada Blvd Ste C6

      STORE/OFFICE (MIXED USE) • 766 SF
      555 Granada Blvd Ste C6, Ormond Beach, FL 32174-9493
      View Details

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    • Contact for pricing
      36,582 SF

      Prime Ormond Beach Retail Space

      Single-tenant retail, 36,582 sq ft
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      Professional office space in a prestigious Ormond Beach location.
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    Property Visit Statistics

    • Visits by month
      31.9k
    • Visitors by month
      13.8k
    • Avg Time on site
      8 min
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    298 S Nova Rd Unit, Unit E
    Ormond Beach, FL 32174
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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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