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Property profile & analytics
OFF-MARKET
Distribution centers
358 8th St, Daytona Beach, FL 32117-3629
Entity Owned
6-yr Hold
Free & Clear
Property ID
US18-3113445
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1953
Construction
WOOD
Total area
1,175 SF
Lot
0.49 ac (21,156 SF)
Zoning code
I1
APN
5337-37-03-0010
UPID
US18-3113445
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Gsp Properties LLC · 6 yrs held
Gsp Properties LLC
since 2019
4 recorded transactions
Zoning & alternative use
I1 · Daytona 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 Daytona Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Daytona 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
$4,866
Tax year 2023
Assessed value
$253,631
Assessed 2023
Previous assessed
$238,828
+6.2% YoY
Effective rate
1.92%
On assessed value
Assessed land
$74,046
Assessed improvement
$179,585
Land market value
$74,046
Improvement market value
$179,585
Total market value
$253,631
Applied tax rate
203.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1953
Construction
WOOD
Heating
NONE
Buildings
5
Stories
1
Bathrooms
4
Total area
1,175 SF
Lot
0.49 ac (21,156 SF)
Zoning code
I1
APN
5337-37-03-0010
UPID
US18-3113445
Jurisdiction
VOLUSIA
Zoning & alternative use
I1 · Daytona Beach, FL
Zoning I1 · permitted uses
I1 · Daytona Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Daytona Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1953
Construction
WOOD
Heating
NONE
Stories
1
Buildings
5
Bathrooms
4
Lot
0.49 ac
Current owner
From public records · entity-resolved
Gsp Properties LLC
Entity
Free & Clear · 6 yrs held
Mailing address
PO BOX 251244, HOLLY HILL, FL 32125-1244
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 11, 2019
$100
Gsp Properties LLC
Gary M Patterson
Correction Deed
related
—
Sep 23, 2019
$100
Gsp Properties LLC
Patterson,gary M
Quit Claim Deed
related
—
Oct 18, 2016
$1,175,000
Gary M Patterson
Phillips Group Of Volusia Cnty Lc
Warranty Deed
—
Aug 11, 2004
—
Phillips Group Of Volusia Cnty Lc
—
Trustees Deed
related
$27,000 · Edward G & Delores Fisk
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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