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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Medical Office Space
500 Oleander Ave Daytona Beach, FL 32118-4020
Individually Owned
4-yr Hold
Free & Clear
Property ID
US18-4299385
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,411 SF
Lot
0.5 ac (21,875 SF)
APN
5305-01-28-0090
UPID
US18-4299385
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
-
DUI Defense Attorney Law Firm
-
David D. Fuller, Jr., PA Law Firm
-
Attorney Lauren Koleilat Law Firm Child Welfare Organization
-
Ross and Andreassi Law Firm
-
Ossinsky & George Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$610k
Blend (final)
Blend
$570k
Owner & transaction history
Lauren Yasmin Koleilat · 4 yrs held
Lauren Yasmin Koleilat
since 2022
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$935,000
+8.5%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$865,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$935,000
Change: +8% · Conversion: Difficult
COMMERCIAL (GENERAL)
$795,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$570k
Range $513k – $627k · ±10%
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
$129 / 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
$7,996
Tax year 2023
Assessed value
$445,986
Assessed 2023
Previous assessed
$409,279
+9.0% YoY
Effective rate
1.79%
On assessed value
Assessed land
$108,281
Assessed improvement
$337,705
Land market value
$108,281
Improvement market value
$337,705
Total market value
$445,986
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
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
3
Total area
4,411 SF
Lot
0.5 ac (21,875 SF)
APN
5305-01-28-0090
UPID
US18-4299385
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
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$865,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$935,000
COMMERCIAL (GENERAL)
Est. value
$795,000
MEDICAL BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
3
Lot
0.5 ac
Current owner
From public records · entity-resolved
Lauren Yasmin Koleilat
Individual
Free & Clear · 4 yrs held
Mailing address
500 N OLEANDER AVE, DAYTONA BEACH, FL 32118-4020
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
May 6, 2022
—
Lauren Yasmin Koleilat
Lykole Properties LLC
Warranty Deed
—
Sep 4, 2018
—
Lauren Y Koleilat INC
—
Deed
related
$102,015 · Centerstate Bk NA
Sep 10, 2015
—
Lykole Properties LLC
Lauren Y Koleilat INC
Quit Claim Deed
related
—
Feb 18, 2013
$330,000
Lauren Y Koleilat INC
Wells Fargo Bank National Associati
Special Warranty Deed
$249,000 · Gateway Bank Of Florida
Dec 21, 2012
$233,000
Fargo Bk NA Wells
Grorge Nicholas A Coc
Trustees Deed
related
—
Jul 7, 2010
—
Nicholas A George
—
Trustees Deed
related
$50,000 · Arjan & Michelle Dodani
—
—
Nicholas A George
—
Deed Of Trust
related
$205,000 · Southtrust Bank NA
—
—
Nicholas A George
—
Deed Of Trust
related
$78,790 · Duffner Trust
—
—
Nicholas A George
—
Deed Of Trust
related
$10,000 · Duffner Trust
—
—
Lauren Y Koleilat INC
—
Loan Modification
related
$102,015 · Centerstate Bk NA
—
—
Nicholas A George
—
Deed Of Trust
related
$40,000 · Duffner Trust
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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