Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4940 Peninsula Dr Ponce Inlet, FL 32127-7312

    • Investment properties
    • 5,608 SF
    • 0.66 lot acres
    OFF-MARKET
    Last Sale
    Nov 03, 2021
    Value Estimations
    $995,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-4049493
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 4940 Peninsula Dr

    Year built
    1973
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.66 lot acres
    Property size
    5,608 SF
    Zone code
    BM
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    6437-01-00-0080
    APU
    643701000080

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,155,000
      6.5%
      $1,065,000
      7%
      $990,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,121,000
      Market price range: $733k - $1.56M
      AI Estimate
      $802,000
      Market price range: $356k - $1.02M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,010,000
      Current use
      AUTO REPAIR, GARAGE
      $1,395,000
      Change: +38% Conversion: Difficult
      WAREHOUSE, STORAGE
      $1,285,000
      Change: +27% Conversion: Difficult
      RESTAURANT
      $1,205,000
      Change: +19% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $1,190,000
      Change: +18% Conversion: Difficult
      MEDICAL BUILDING
      $1,095,000
      Change: +9% Conversion: Easy
      RETAIL STORES
      $950,000
      Change: -6% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Ponce Inlet
    County
    Volusia
    State
    Florida
    Longitude
    -80.9289
    Latitude
    29.0795
    CBSA code
    19660
    CBSA name
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $13,650
    $401,604
    $332,247
    $733,851
    -
    $401,604
    $332,247
    $733,851

    Comparable in this City

    • Value Estimation
      $3,140,000
      17,766 SF

      4990 Clyde Morris Blvd

      STORE/OFFICE (MIXED USE) • 17,766 SF
      4990 Clyde Morris Blvd, Port Orange, FL 32127-8923
      View Details
    • Value Estimation
      $3,120,000
      30,918 SF

      365 Oak Pl

      STORE/OFFICE (MIXED USE) • 30,918 SF
      365 Oak Pl, Port Orange, FL 32127-4388
      View Details
    • Value Estimation
      $885,000
      4,950 SF

      400 Oak Pl

      STORE/OFFICE (MIXED USE) • 4,950 SF
      400 Oak Pl, Port Orange, FL 32127-4334
      View Details
    • Value Estimation by Request
      1,056 SF

      5100 Orange Ave

      STORE/OFFICE (MIXED USE) • 1,056 SF
      5100 Orange Ave, Port Orange, FL 32127-5420
      View Details
    • Value Estimation
      $1,110,000
      10,788 SF

      55 Inlt Hbr Rd

      STORE/OFFICE (MIXED USE) • 10,788 SF
      55 Inlt Hbr Rd, Ponce Inlet, FL 32127-7272
      View Details
    • Value Estimation
      $1,470,000
      8,853 SF

      808 Dunlawton Ave

      STORE/OFFICE (MIXED USE) • 8,853 SF
      808 Dunlawton Ave, Port Orange, FL 32127-4216
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,852 SF

      Waterfront Commercial Property on Sunset Island

      High and dry waterfront property with commercial zoning and residential units.
      6292 S Ridgewood Ave, Port Orange, FL 32127
      View Details
    • $818,900
      1,080 SF

      Commercial Land with Office Building

      Two commercially zoned parcels with office building and ample parking.
      5919 S Ridgewood Ave, Port Orange, FL 32127
      View Details
    • $549,000
      Pending

      Mixed-Use Income Property, Port Orange

      Mixed-use property with five income-producing units in desirable Port Orange.
      417 Oak Pl, Port Orange, FL 32127
      View Details
    • Contact for pricing
      8,285 SF

      Leased Investment Property in Port Orange

      15-unit leased property with diverse tenants and long-term stability.
      5656 Isabelle Ave, Port Orange, FL 32127
      View Details
    • $159,900

      Port Orange Commercial Land Parcel

      Prime 8,999 sq ft Commercial Lot
      0 Nova Rd, Port Orange, FL 32127
      View Details

    Similar Nearby for Lease

    • $13,140 /Mo

      Key West Style Office Space

      Professional office space in high-traffic location, Port Orange, FL.
      415 Dunlawton Ave, Port Orange, FL 32127
      View Details
    • $1,095 /Mo
      580 SF

      Key West Style Office Space

      Professional office space in high-traffic location, Port Orange, Florida.
      415 Dunlawton Ave, Port Orange, FL 32127
      View Details
    • $10 SF/Yr
      660 SF

      Port Orange Flex Space Available

      Flex and office spaces in clean industrial park for lease.
      4251 Spruce Creek Rd, Port Orange, FL 32127
      View Details
    • $1,700 /Mo
      1,350 SF

      Port Orange Commercial Space Available

      Open commercial space with potential synergy with neighboring business.
      4610 S Ridgewood Ave, Port Orange, FL 32127
      View Details
    • Contact for pricing

      Port Orange Warehouse and Industrial Space

      Two buildings totaling 19,500 SF on 1.42 acres.
      601 Lemon St, Port Orange, FL 32127
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4940 Peninsula Dr
    Ponce Inlet, FL 32127-7312
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!