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Property profile & analytics
OFF-MARKET
Estimated value
$210,000
Medical Office Space
315 Ridgewood Ave Edgewater, FL 32132-1617
Individually Owned
13-yr Hold
~
Est. High Equity
Property ID
US18-9900878
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1969
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,742 SF
Lot
0.38 ac (16,677 SF)
Zoning code
B3
APN
7451-03-03-0010
UPID
US18-9900878
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
-
Roberson-Johns Gina Physician
-
Dr. Michael Dibella Alternative Medicine Practice
-
William Salter Physician
-
Rene Callanta Alternative Medicine Practice Spa & Massage Center
-
Timothy Martin Steflik Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$210k
Owner & transaction history
Timothy M Steflik · 13 yrs held
Timothy M Steflik
since 2013
7 recorded transactions
Zoning & alternative use
B3 · Edgewater, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Edgewater submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Edgewater 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
Blend value · Realmo final
$210k
Range $189k – $231k · ±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
$77 / 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
$6,715
Tax year 2023
Assessed value
$351,732
Assessed 2023
Previous assessed
$329,780
+6.7% YoY
Effective rate
1.91%
On assessed value
Assessed land
$85,053
Assessed improvement
$266,679
Land market value
$85,053
Improvement market value
$266,679
Total market value
$351,732
Applied tax rate
604.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1969
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
1
Total area
2,742 SF
Lot
0.38 ac (16,677 SF)
Zoning code
B3
APN
7451-03-03-0010
UPID
US18-9900878
Jurisdiction
VOLUSIA
Zoning & alternative use
B3 · Edgewater, FLZoning B3 · permitted uses
B3 · Edgewater, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1969
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.38 ac
Current owner
From public records · entity-resolved
Timothy M Steflik
Individual
Mailing address
315 N RIDGEWOOD AVE, EDGEWATER, FL 32132-1617
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 19, 2021
—
Timothy Steflik
—
Deed
related
$257,000 · Citizens Bank Of Florida
May 3, 2013
$230,000
Timothy M Steflik
Daniel G Harrington
Warranty Deed
$184,000 · Td Bank NA
Oct 17, 2007
$465,000
Land Trust Numbered 315
Florida Casa Net INC
Warranty Deed
—
Jan 31, 2005
$175,000
Florida Casa Net INC
Byrd,charles & Nancy S
Warranty Deed
$140,000 · Charles & Nancy S Byrd
Feb 20, 2004
$140,000
Charles Byrd
Warnell,paul
Grant Deed
—
Aug 8, 2001
$135,000
Merrie C Souza
Corless,james L
Grant Deed
$94,500 · Surety Bank NA
—
—
Florida Casa Net INC
—
Deed Of Trust
related
$300,000 · Riverside National Bank
—
—
Florida Casa Net INC
—
Deed Of Trust
related
$50,000 · Riverside National Bank
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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