Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    300 Volusia Ave Orange City, FL 32763-5861

    • Hotels
    • 17,592 SF
    • 2.38 lot acres
    OFF-MARKET
    Last Sale
    Jan 03, 2023
    $1,810,500
    Value Estimations
    $1,805,000
    Show details
    Cap Rate Potential
    3.5%
    Hotels
    Location Intelligence
    Property ID
    US18-3303712
    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

    • 1876 Heritage Inn / Inn
    • Church on Wheels Free Methodist Church / Christian Church
    • Florida Postal Museum / Museum
    • Mustard Seed Baby Boutique / Children'S Store
    • Arabella Inn / Inn

    Property Details for 300 Volusia Ave

    Year built
    1936
    Construction
    WOOD
    Lot size
    2.38 lot acres
    Property size
    17,592 SF
    Zone code
    C1
    Property type
    Hotels
    APN
    8011-08-07-0010
    APU
    801108070010

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,810,000
      ML approach
      $1,785,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,531,000
      Market price range: $412k - $4.04M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Orange City
    County
    Volusia
    State
    Florida
    Longitude
    -81.2983
    Latitude
    28.9459
    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
    $25,849
    $436,010
    $824,313
    $1,260,323
    -
    $436,010
    $824,313
    $1,260,323

    Comparable in this City

    • Value Estimation
      $5,155,000
      65,420 SF

      1330 Saxon Blvd

      HOTEL • 65,420 SF
      1330 Saxon Blvd, Orange City, FL 32763-8416
      View Details
    • Value Estimation
      $1,245,000
      9,002 SF

      2501 Volusia Ave

      MOTEL • 9,002 SF
      2501 Volusia Ave, Orange City, FL 32763-2841
      View Details
    • Value Estimation
      $840,000
      5,202 SF

      725 Volusia Ave

      MOTEL • 5,202 SF
      725 Volusia Ave, Orange City, FL 32763-6505
      View Details
    • Value Estimation by Request

      440 Rhode Island Ave

      Distribution properties
      440 Rhode Island Ave, Orange City, FL 32763
      View Details
    • Value Estimation by Request

      Clb Parc Loop

      VACANT COMMERCIAL LAND
      Clb Parc Loop, Orange City, FL 32763
      View Details
    • Value Estimation by Request
      10.20 Acres

      Orange City, FL 32763

      VACANT COMMERCIAL LAND • 10.20 Acres
      Orange City, FL 32763
      View Details

    Similar Nearby for Sale

    • $500,000
      2.17 Acres

      Prime 2-Acre Industrial Land in Orange City, FL

      Mixed-use land, ideal for storage & development. Owner financing available.
      1280 Kentucky Ave, Orange City, FL 32763
      View Details
    • $339,900
      1 SF

      Versatile Building in Central Florida

      1,995 SF building in Daytona Beach-Orlando area, CG-1/R-1 zoning.
      2250 N Volusia Ave, Orange City, FL 32763
      View Details
    • Contact for pricing
      5 SF

      Commercial Raw Land For Sale

      5 acre commercial raw land for sale in Orange City.
      1075 W Rhode Island Ave, Orange City, FL 32763
      View Details
    • Contact for pricing

      Kohl's Anchored Pad Site

      Pad site in dominant power center with excellent visibility.
      1065 Harley Strickland Blvd, Orange City, FL 32763
      View Details
    • $450,000
      2,660 SF

      Prime Commercial Property in Orange

      Strategically located commercial property with versatile layout in thriving community.
      155 W Blue Springs Ave, Orange City, FL 32763
      View Details
    • New
      $1,299,000
      9,830 SF

      Historic Church Property on 2+ Acres

      167-year-old church with four unique structures on over two acres.
      201 W University Ave, Orange City, FL 32763
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      100,883 SF

      Four Townes Shopping Center: Prime Retail Space

      Retail spaces available in Orange City, FL
      2412 Volusia Ave, Orange City, FL 32763
      View Details
    • Contact for pricing

      Land for Lease in Orange

      Land available for lease on Veterans Memorial Parkway.
      Veterans Memorial Pkwy, Orange City, FL 32763
      View Details
    • Contact for pricing
      1,700 SF

      Retail Space in High-Traffic Area

      Retail space available in a renovated, anchored neighborhood center.
      2397-2437 Enterprise Rd, Orange City, FL 32763
      View Details
    • Contact for pricing
      19,397 SF

      Orange City Medical Office Sublease

      Prime medical office space, sublease opportunity.
      1119 Saxon Blvd, Orange City, FL 32763
      View Details
    • Contact for pricing
      272,923 SF

      Prime Orange City Retail Space

      Large Anchor Space Available, Volusia County
      810 Saxon Blvd, Orange City, FL 32763
      View Details
    • Contact for pricing
      22,651 SF

      Saxon Blvd Commercial Land Lease

      Prime Volusia County land, build-to-suit option.
      1350 Saxon Blvd, Orange City, FL 32763
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    300 Volusia Ave
    Orange City, FL 32763-5861
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.