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Property profile & analytics
OFF-MARKET
Manufacturing properties
357 Andrews St Ormond Beach, FL 32174-5209
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-1739205
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,600 SF
Lot
0.24 ac (10,275 SF)
Zoning code
B5
APN
4240-03-01-0180
UPID
US18-1739205
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
-
Wayne's Solar Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Asnj LLC · 2 yrs held
Asnj LLC
since 2024
Last sale
$155,000
6 recorded transactions
Zoning & alternative use
B5 · Ormond Beach, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,534
Tax year 2023
Assessed value
$155,193
Assessed 2023
Previous assessed
$155,193
+0.0% YoY
Effective rate
1.63%
On assessed value
Assessed land
$52,403
Assessed improvement
$102,790
Land market value
$52,403
Improvement market value
$102,790
Total market value
$155,193
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
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Bathrooms
3
Total area
3,600 SF
Lot
0.24 ac (10,275 SF)
Zoning code
B5
APN
4240-03-01-0180
UPID
US18-1739205
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.
Building & site characteristics
From public records
Year built
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Bathrooms
3
Lot
0.24 ac
Current owner
From public records · entity-resolved
Asnj LLC
Entity
Mailing address
260 N HALIFAX DR, ORMOND BEACH, FL 32176-5765
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
May 13, 2024
$155,000
Asnj LLC
Alan Scott Edwards
Warranty Deed
—
Sep 15, 2016
—
Alan S Edwards
—
Deed
related
$60,000 · Seacoast Nat'l Bk
Aug 27, 2001
$85,000
Alan S Edwards
Grodi,terry J
Grant Deed
$47,346 · Terry J
Aug 27, 2001
—
Terry J Grodi
Paddock,evelyn I
Quit Claim Deed
related
—
—
—
Alan S Edwards
—
Deed Of Trust
related
$60,000 · Seacoast Nat'l Bk
—
—
Alan S Edwards
—
Deed Of Trust
related
$140,000 · Southtrust Bank NA
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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