Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$805,000
Investment properties
3670 Ridgewood Ave Port Orange, FL 32129-3577
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US19-0638045
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,608 SF
Lot
0.69 ac (30,096 SF)
Zoning code
CC
APN
6303-03-00-0050
UPID
US19-0638045
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
$740k
CAP Approach
CAP
$685k
Comparable Approach
Comparable
$924k
Blend (final)
Blend
$805k
Owner & transaction history
Harold Read · 4 yrs held
Harold Read
since 2022
Last sale
$850,000
7 recorded transactions
Zoning & alternative use
CC · Port Orange, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.1M
+68.7%
Auto repair, garage
$895,000
+40.9%
Neighborhood: shopping center
$765,000
+20.3%
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 Port Orange submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Orange 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
$775,000
ML approach
$740,000
CAP Approach
CAP Return
Estimation
6%
$745,000
6.5%
$685,000
7%
$635,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$635,000
Current use
WAREHOUSE, STORAGE
$1,075,000
Change: +69% · Conversion: Difficult
AUTO REPAIR, GARAGE
$895,000
Change: +41% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$765,000
Change: +20% · Conversion: Difficult
MEDICAL BUILDING
$705,000
Change: +11% · Conversion: Easy
RETAIL STORES
$610,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$805k
Range $725k – $886k · ±10% · vs last sale $850k (Feb 10 2022)
Last sale anchor
$850k
Feb 10 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
$223 / 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
$12,012
Tax year 2023
Assessed value
$641,432
Assessed 2023
Previous assessed
$326,420
+96.5% YoY
Effective rate
1.87%
On assessed value
Assessed land
$165,528
Assessed improvement
$475,904
Land market value
$165,528
Improvement market value
$475,904
Total market value
$641,432
Applied tax rate
402.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
2
Total area
3,608 SF
Lot
0.69 ac (30,096 SF)
Zoning code
CC
APN
6303-03-00-0050
UPID
US19-0638045
Jurisdiction
VOLUSIA
Zoning & alternative use
CC · Port Orange, FL
Zoning CC · permitted uses
CC · Port Orange, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Port Orange. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$635,000
WAREHOUSE, STORAGE
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$895,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$765,000
MEDICAL BUILDING
Est. value
$705,000
RETAIL STORES
Est. value
$610,000
COMMERCIAL (GENERAL) Current
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
RETAIL STORES
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
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.69 ac
Current owner
From public records · entity-resolved
Harold Read
Individual
Mailing address
2526 ROYAL PALM DR, EDGEWATER, FL 32141-4912
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2022
$850,000
Harold Read
Charles & Us LLC
Warranty Deed
$395,242 · Fairwinds Cu
Jul 1, 2021
—
Charles & Us LLC
—
Deed
related
$500,000 · Barwick Banking Co
Nov 13, 2017
—
Charles & Us LLC
—
Deed
related
$490,000 · Centerstate Bk NA
Jun 13, 2016
—
Charles & Us LLC
—
Deed
related
$200,000 · Gateway Bank Of Florida
Aug 19, 2011
$175,000
Charles & Us LLC
Federal Trust Bk
Warranty Deed
—
Jan 27, 2011
—
Federal Trust Bk
Brett Ents INC Coc
Trustees Deed
related
—
Dec 16, 2004
$800,000
Randall L Brett
Carter,hubert C & Louise
Warranty Deed
$160,000 · Sunshine State Community Bank
Jul 21, 1997
—
Hebert C Carter
—
Grant Deed
related
$310,000 · Surety Fsb
—
—
Charles & Us LLC
—
Deed Of Trust
related
$200,000 · Feldman Mitchell Trust (pt)
—
—
Brett Ents INC
—
Deed Of Trust
related
$900,000 · Federal Trust Bank
—
—
Charles & Us LLC
—
Loan Modification
related
$490,000 · Centerstate Bk 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3670 Ridgewood Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
