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Property profile & analytics
OFF-MARKET
Medical Office Space
428 Halifax Ave 428 Daytona Beach, FL 32118-4016
Entity Owned
6-yr Hold
Free & Clear
Property ID
US19-0567290
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,306 SF
Lot
0.46 ac (19,950 SF)
APN
5305-17-05-0130
UPID
US19-0567290
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
-
Lambert Michael H Law Firm
-
Gambert William N Law Firm
-
John W Tanner Law Office Law Firm
-
Sanders PA Robert A Jr Law Firm
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
Family Realty Rentals LLC · 6 yrs held
Family Realty Rentals LLC
since 2020
7 recorded transactions
Zoning & alternative use
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
$3,113
Tax year 2023
Assessed value
$173,663
Assessed 2023
Previous assessed
$167,459
+3.7% YoY
Effective rate
1.79%
On assessed value
Assessed land
$89,775
Assessed improvement
$83,888
Land market value
$89,775
Improvement market value
$83,888
Total market value
$173,663
Applied tax rate
204.0000
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
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
3
Total area
3,306 SF
Lot
0.46 ac (19,950 SF)
APN
5305-17-05-0130
UPID
US19-0567290
Jurisdiction
VOLUSIA
Zoning & alternative use
Zoning · permitted uses
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
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
3
Lot
0.46 ac
Current owner
From public records · entity-resolved
Family Realty Rentals LLC
Entity
Free & Clear · 6 yrs held
Mailing address
1416 MCGREGOR RD, DELAND, FL 32720-4419
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2020
—
Family Realty Rentals LLC
Hill & Beckman INC
Grant Deed
—
Apr 7, 2011
—
Hill & Beckman INC
—
Deed Of Trust
related
$1,200,000 · Pinnacle Bank
Nov 15, 2007
$231,900
Hill & Beckman INC
428 N Halifax Corp Coc
Trustees Deed
related
—
Jul 28, 2006
$265,000
428 N Halifax LLC
428 N Halifax Corp
Grant Deed
—
Oct 3, 2005
—
428 N Halifax Corp
Southern Commerce Bank
Corporation Deed
$173,750 · First Primsouth Mortgage Corp
Dec 7, 2002
$198,000
428 N Halifax Corp
Bohaczyk,mark & Stacey
Grant Deed
$165,000 · Continental Mortgage Bankers
Dec 3, 1999
$150,000
Mark Bohaczyk
Oakridge Professional Park INC
Grant Deed
$121,860 · Southtrust Bank NA
Nov 12, 1999
$130,000
Oakridge Professional Park INC
Gilat Holdings INC
Grant Deed
$152,594 · Southtrust Bank NA
Jun 9, 1999
$125,000
Sapimm INC
13-15 Novahh INC
Grant Deed
—
May 22, 1999
$309,000
Oakridge Professional Park INC
13-15 Novahh INC
Grant Deed
$284,700 · Southtrust Bank NA
—
—
Sapimm INC
—
Deed Of Trust
related
$125,000 · Individual
—
—
Hill & Beckman INC
—
Deed Of Trust
related
$900,000 · Pinnacle Bank
—
—
David Hill
—
Deed Of Trust
related
$349,200 · Pinnacle 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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