Technical
Financial
Distress signals
Property profile

507 Herbert St Port Orange, FL 32129

OFF-MARKET
Investment properties
Property ID
US18-4997630
2,325 SF 2.38 ac lot Built 1973
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1973
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,325 SF
Lot 2.38 ac (103,617 SF)
Zoning code CI
APN 6304-03-00-0010
UPID US18-4997630

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
  • Condominium Complex
  • Accounting Firm
  • Accounting Firm

Location

507 Herbert St Port Orange, FL 32129-3849
Port Orange metro Census 82503 DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.23M
CAP Approach CAP
by Request
Comparable Approach Comparable
$741k
Blend (final) Blend
$1.14M

Owner & transaction history

since 2023
Last sale
$1.0M
4 recorded transactions
2023
$1.0M
2023
Price N/A
2010
$256,509
2001
$690,000

Zoning & alternative use

CI · Port Orange, FL
Zoning description

The commercial industrial (CI) district is intended to provide development of those less intense storage, repair, industrial service and limited manufacturing uses that have fewer potential impacts on surrounding propert…

General category INDUSTRIAL
Top alternative use upside
Warehouse, storage $690,000 +68.7%

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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