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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Manufacturing properties
535 Fair St Deland, FL 32720
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-6267892
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1974
Construction
WOOD
Total area
6,060 SF
Lot
9.93 ac (432,551 SF)
Zoning code
I-1
APN
7940-03-01-0030
UPID
US18-6267892
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
$655k
CAP Approach
CAP
$555k
Comparable Approach
Comparable
$620k
Blend (final)
Blend
$635k
Owner & transaction history
John Pugh · 5 yrs held
John Pugh
since 2021
Last sale
$715,937
7 recorded transactions
Zoning & alternative use
I-1 · Deland, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$880,000
+0.4%
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 Deland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Deland 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
$560,000
ML approach
$655,000
CAP Approach
CAP Return
Estimation
6%
$600,000
6.5%
$555,000
7%
$515,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$875,000
Current use
RETAIL STORES
$880,000
Change: +0% · Conversion: Moderate
Blend value · Realmo final
$635k
Range $572k – $699k · ±10% · vs last sale $716k (Jan 19 2021)
Last sale anchor
$716k
Jan 19 2021
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
$105 / 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
$9,692
Tax year 2023
Assessed value
$458,758
Assessed 2023
Previous assessed
$458,758
+0.0% YoY
Effective rate
2.11%
On assessed value
Assessed land
$297,900
Assessed improvement
$160,858
Land market value
$297,900
Improvement market value
$160,858
Total market value
$458,758
Applied tax rate
100.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1974
Construction
WOOD
Heating
NONE
Buildings
6
Stories
1
Total area
6,060 SF
Lot
9.93 ac (432,551 SF)
Zoning code
I-1
APN
7940-03-01-0030
UPID
US18-6267892
Jurisdiction
VOLUSIA
Zoning & alternative use
I-1 · Deland, FL
Zoning I-1 · permitted uses
I-1 · Deland, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Deland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$875,000
RETAIL STORES
Est. value
$880,000
INDUSTRIAL (GENERAL) Current
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
1974
Construction
WOOD
Heating
NONE
Stories
1
Buildings
6
Lot
9.93 ac
Current owner
From public records · entity-resolved
John Pugh
Individual
Mailing address
107 ENCLAVE AVE, DELAND, FL 32724-8073
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
John Pugh
—
Loan Modification
related
$418,156 · Mainstreet Cmnty Bk/fl
—
—
John Pugh
—
Loan Modification
related
$415,477 · Mainstreet Cmnty Bk/fl
—
—
John Pugh
—
Deed Of Trust
related
$50,000 · Mainstreet Cmnty Bk/fl
—
—
John Pugh
—
Loan Modification
related
$412,612 · Mainstreet Cmnty Bk/fl
—
—
John Pugh
—
Loan Modification
related
$412,839 · Mainstreet Cmnty Bk/fl
—
—
John Pugh
—
Loan Modification
related
$410,101 · Mainstreet Cmnty Bk/fl
—
—
John Pugh
—
Loan Modification
related
$411,287 · Mainstreet Cmnty Bk/fl
—
—
John Pugh
—
Loan Modification
related
$530,435 · Mainstreet Cmnty Bk/fl
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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