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Property profile & analytics
OFF-MARKET
Estimated value
$1,060,000
Medical Office Space
501 Orange St New Smyrna Beach, FL 32168-7318
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-2092020
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2014
Construction
WOOD
Total area
3,025 SF
Lot
0.34 ac (15,000 SF)
Zoning code
B6
APN
7441-38-24-3070
UPID
US18-2092020
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
$1.07M
CAP Approach
CAP
$675k
Comparable Approach
Comparable
$715k
Blend (final)
Blend
$1.06M
Owner & transaction history
Psfck LLC · 3 yrs held
Psfck LLC
since 2023
Last sale
$1.0M
3 recorded transactions
Zoning & alternative use
B6 · New Smyrna Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.2M
+111.9%
Auto repair, garage
$750,000
+33.6%
Retail stores
$675,000
+20.2%
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 New Smyrna Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Smyrna 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
$1,135,000
ML approach
$1,065,000
CAP Approach
CAP Return
Estimation
6%
$735,000
6.5%
$675,000
7%
$630,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,190,000
Change: +112% · Conversion: Easy
AUTO REPAIR, GARAGE
$750,000
Change: +34% · Conversion: Difficult
RETAIL STORES
$675,000
Change: +20% · Conversion: Difficult
Blend value · Realmo final
$1.06M
Range $954k – $1.17M · ±10% · vs last sale $1.03M (Jun 6 2023)
Last sale anchor
$1.03M
Jun 6 2023
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
$350 / 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
$9,206
Tax year 2023
Assessed value
$536,099
Assessed 2023
Previous assessed
$444,985
+20.5% YoY
Effective rate
1.72%
On assessed value
Assessed land
$126,225
Assessed improvement
$409,874
Land market value
$126,225
Improvement market value
$409,874
Total market value
$536,099
Applied tax rate
601.0000
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
2014
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Bathrooms
2
Total area
3,025 SF
Lot
0.34 ac (15,000 SF)
Zoning code
B6
APN
7441-38-24-3070
UPID
US18-2092020
Jurisdiction
VOLUSIA
Zoning & alternative use
B6 · New Smyrna Beach, FL
Zoning B6 · permitted uses
B6 · New Smyrna Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Smyrna Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$750,000
RETAIL STORES
Est. value
$675,000
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
2014
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.34 ac
Current owner
From public records · entity-resolved
Psfck LLC
Entity
Mailing address
400 LAKEBRIDGE PLZ DR, ORMOND BEACH, FL 32174-5157
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 6, 2023
$1,025,000
Psfck LLC
Chetak Ventures LLC
Warranty Deed
$802,000 · Seacoast National Bank
Jul 2, 2013
$206,500
Chetak Ventures LLC
Walker,peggy L B
Warranty Deed
—
Mar 7, 2003
—
Vernon P Jennetten
Jennettan,vernon P & Gayle
Quit Claim Deed
related
$65,000 · Colonial 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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