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Property profile & analytics
OFF-MARKET
Estimated value
$780,000
Manufacturing properties
300 Yonge St Ormond Beach, FL 32174
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-5047200
Property summary
AI-generated overview
This Ormond Beach, Florida industrial property offers 12,840 square feet of flexible warehouse space in a single, one-story building situated on a 0.7-acre lot. Built in 1973, the property is zoned B-5 and features two currently available units, each approximately 1,000 square feet. The building boasts drive-thru bay doors (10x10 feet), providing convenient access for loading and unloading. A total of 2,440 square feet is currently vacant and ready for immediate occupancy. The property's address is 300 S Yonge St, Ormond Beach, FL 32174, located in Volusia County (APN: 42143210060250: 42143210060370: 42143210060350). Each available unit is offered at a monthly rate of $1,295, plus utilities and sales tax. This presents a fantastic opportunity for businesses seeking flexible, well-located warehouse space in a thriving area. The property's convenient location and functional design make it ideal for a variety of uses. Contact us today to schedule a viewing and explore the possibilities.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1973
Construction
WOOD
Total area
8,000 SF
Lot
0.4 ac (17,220 SF)
Zoning code
B5
APN
4242-10-06-0250
UPID
US18-5047200
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
$755k
CAP Approach
CAP
$735k
Comparable Approach
Comparable
$591k
Blend (final)
Blend
$780k
Owner & transaction history
Volusia Investments LLC · 3 yrs held
Volusia Investments LLC
since 2022
Last sale
$950,000
5 recorded transactions
Zoning & alternative use
B5 · Ormond Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.3M
+21.8%
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
$705,000
ML approach
$755,000
CAP Approach
CAP Return
Estimation
6%
$795,000
6.5%
$735,000
7%
$680,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,035,000
Current use
RETAIL STORES
$1,265,000
Change: +22% · Conversion: Moderate
WAREHOUSE, STORAGE
$980,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$780k
Range $702k – $858k · ±10% · vs last sale $950k (Dec 22 2022)
Last sale anchor
$950k
Dec 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
$98 / 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
$4,247
Tax year 2023
Assessed value
$260,102
Assessed 2023
Previous assessed
$243,115
+7.0% YoY
Effective rate
1.63%
On assessed value
Assessed land
$48,216
Assessed improvement
$211,886
Land market value
$48,216
Improvement market value
$211,886
Total market value
$260,102
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1973
Construction
WOOD
Heating
NONE
Stories
1
Bathrooms
8
Total area
8,000 SF
Lot
0.4 ac (17,220 SF)
Zoning code
B5
APN
4242-10-06-0250
UPID
US18-5047200
Jurisdiction
VOLUSIA
Zoning & alternative use
B5 · Ormond Beach, FL
Zoning B5 · permitted uses
B5 · 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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.0M
RETAIL STORES
Est. value
$1.3M
WAREHOUSE, STORAGE
Est. value
$980,000
INDUSTRIAL (GENERAL) Current
RETAIL STORES
WAREHOUSE, STORAGE
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
1973
Construction
WOOD
Heating
NONE
Stories
1
Bathrooms
8
Lot
0.4 ac
Current owner
From public records · entity-resolved
Volusia Investments LLC
Entity
Free & Clear · 3 yrs held
Mailing address
4034 WILLOW GRV RD, CAMDEN, DE 19934-3148
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2022
$950,000
Volusia Investments LLC
Surplus Carpet INC
Warranty Deed
—
Jan 22, 2020
$400,000
Surplus Carpet INC
Thompson Frame Lajza LLC
Warranty Deed
$360,000 · Thompson Frame Lajza LLC
Jan 22, 2020
—
Surplus Carpet INC
Annuity Bonnie L B G R Trust
Quit Claim Deed
related
—
Jul 25, 2012
—
Thompson Frame Lajza LLC
Thompson,bonnie K
Quit Claim Deed
related
—
Mar 5, 2002
—
Bonnie K Thompson
Browne Trust
Grant Deed
related
—
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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