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Property profile & analytics
FOR LEASE
Retail space
512 Fentress Blvd Daytona Beach, FL 32114
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US18-0159089
For Lease
1 / 2
$9,500/Mo
512 Fentress Blvd, Daytona Beach, FL 32114
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2020
Construction
STEEL FRAME
Total area
11,000 SF
Lot
5.44 ac (236,966 SF)
Zoning code
M4
APN
5215-01-00-0141
UPID
US18-0159089
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
-
BoxDrop Mattress & Furniture Daytona Beach, FL Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.60M
Comparable Approach
Comparable
$1.27M
Blend (final)
Blend
$1.48M
Owner & transaction history
Palm Investments 2011 LLC · 13 yrs held
Palm Investments 2011 LLC
since 2012
6 recorded transactions
Zoning & alternative use
M4 · Daytona Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.4M
+45.0%
Neighborhood: shopping center
$2.3M
+43.3%
Medical building
$2.2M
+32.1%
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%
$1,725,000
6.5%
$1,595,000
7%
$1,480,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,630,000
Current use
RESTAURANT
$2,360,000
Change: +45% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$2,335,000
Change: +43% · Conversion: Moderate
MEDICAL BUILDING
$2,150,000
Change: +32% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,385,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$1.48M
Range $1.33M – $1.62M · ±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
$134 / 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
$79,980
Tax year 2023
Assessed value
$5,279,214
Assessed 2023
Previous assessed
$4,124,409
+28.0% YoY
Effective rate
1.51%
On assessed value
Assessed land
$426,539
Assessed improvement
$4,852,675
Land market value
$426,539
Improvement market value
$4,852,675
Total market value
$5,279,214
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
2020
Construction
STEEL FRAME
Heating
NONE
Cooling
YES
Buildings
4
Stories
1
Bathrooms
2
Total area
11,000 SF
Lot
5.44 ac (236,966 SF)
Zoning code
M4
APN
5215-01-00-0141
UPID
US18-0159089
Jurisdiction
VOLUSIA
Zoning & alternative use
M4 · Daytona Beach, FL
Zoning M4 · permitted uses
M4 · Daytona Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Daytona Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.6M
RESTAURANT
Est. value
$2.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.3M
MEDICAL BUILDING
Est. value
$2.2M
COMMERCIAL (GENERAL)
Est. value
$1.4M
RETAIL STORES Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
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
2020
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
4
Bathrooms
2
Lot
5.44 ac
Current owner
From public records · entity-resolved
Palm Investments 2011 LLC
Entity
Mailing address
7767 NW 146TH ST, MIAMI LAKES, FL 33016-1559
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 3, 2019
—
Palm Investments 2011 LLC
—
Deed
related
$4,825,800 · Us Century Bk
Dec 5, 2012
$160,000
Palm Investments 2011 LLC
Liberty Group Realty INC
Warranty Deed
$140,000 · Vista View INC
May 22, 2007
$450,000
Liberty Group Realty INC
Crane Cams INC
Warranty Deed
$403,200 · Suntrust Bank
Nov 6, 2006
$5,860,000
Mikronite Acquisition INC
Crane Technologies Group INC
Grant Deed
$1,000,000 · Mikronite Automotive Technolog
—
—
Palm Investments 2011 LLC
—
Loan Modification
related
$100,000 · Vista View LLC
—
—
Palm Investments 2011 LLC
—
Deed Of Trust
related
$4,825,800 · Us Century Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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