Technical
Financial
Distress signals
Property profile

3840 Nova Rd Port Orange, FL 32127

OFF-MARKET
Community centers
Property ID
US18-3921280
4,224 SF 6.59 ac lot Built 1983
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1983
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,224 SF
Lot 6.59 ac (287,015 SF)
Zoning code PCD
APN 6309-05-00-0010
UPID US18-3921280

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center
  • Hospital Equipment And Supplies Medical Supply Store

Location

3840 Nova Rd Port Orange, FL 32127-4244
Port Orange metro Census 82512 DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$985k
Comparable Approach Comparable
$596k
Blend (final) Blend
$955k

Owner & transaction history

since 2019
2 recorded transactions
2019
$11.8M
1969
Price N/A

Zoning & alternative use

PCD · Port Orange, FL
Zoning description

Commercial Development (PCD), but a Master Development Agreement (MDA) was never adopted to implement the zoning. The City should work with the property owners and the owners of the four smaller adjoining properties that…

General category COMMERCIAL
Top alternative use upside
Auto repair, garage $1.1M +17.1%
Warehouse, storage $965,000 +7.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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