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Property profile & analytics
OFF-MARKET
Estimated value
$865,000
Retail space
540 Dixie Fwy New Smyrna Beach, FL 32168-6708
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US19-0382444
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1949
Construction
WOOD
Total area
7,533 SF
Lot
0.58 ac (25,380 SF)
Zoning code
B3
APN
7441-30-04-0110
UPID
US19-0382444
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
$865k
CAP Approach
CAP
$1.09M
Comparable Approach
Comparable
$1.08M
Blend (final)
Blend
$865k
Owner & transaction history
Blue Orange Holdings II LLC · 2 yrs held
Blue Orange Holdings II LLC
since 2024
Last sale
$865,000
7 recorded transactions
Zoning & alternative use
B3 · New Smyrna Beach, FL
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
$865,000
ML approach
$865,000
CAP Approach
CAP Return
Estimation
6%
$1,185,000
6.5%
$1,090,000
7%
$1,015,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,400,000
Change: -17% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,350,000
Change: -20% · Conversion: Moderate
Blend value · Realmo final
$865k
Range $779k – $952k · ±10% · vs last sale $865k (May 1 2024)
Last sale anchor
$865k
May 1 2024
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
$115 / 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
$11,771
Tax year 2023
Assessed value
$613,966
Assessed 2023
Previous assessed
$613,966
+0.0% YoY
Effective rate
1.92%
On assessed value
Assessed land
$134,616
Assessed improvement
$479,350
Land market value
$134,616
Improvement market value
$479,350
Total market value
$613,966
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1949
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
4
Total area
7,533 SF
Lot
0.58 ac (25,380 SF)
Zoning code
B3
APN
7441-30-04-0110
UPID
US19-0382444
Jurisdiction
VOLUSIA
Zoning & alternative use
B3 · New Smyrna Beach, FLZoning B3 · permitted uses
B3 · New Smyrna Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
City Zoning
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.4M
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1949
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
4
Lot
0.58 ac
Current owner
From public records · entity-resolved
Blue Orange Holdings II LLC
Entity
Mailing address
PO BOX 1013, OAKLAND, FL 34760-1013
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2024
$865,000
Blue Orange Holdings II LLC
Barker Financial LLC
Warranty Deed
$732,200 · Bank Of America NA
Nov 21, 2023
—
Barker Financial LLC
—
Deed
related
$630,000 · West Bank
Sep 24, 2019
$600,000
Barker Finl LLC
Lily Land Group LLC
Warranty Deed
$225,000 · Lily Land Grp LLC
Jan 24, 2011
$312,000
Lily Land Group LLC
Johnson,david A
Warranty Deed
$280,000 · David A Johnson
Sep 17, 2010
$100
David A Johnson
Womens Care Center Of Ns Coc
Trustees Deed
related
—
Oct 31, 2007
$550,000
Womens Care Center Of Nsb INC
Johnson,david A
Warranty Deed
$450,000 · David A Johnson
Oct 11, 2007
—
David A Johnson
Light Of Calvary East Coast Ch In
Warranty Deed
—
Mar 25, 2003
$485,000
Light Of Clavary E Coast Chr
Jvpm LLC
Grant Deed
$475,000 · Jvpm LLC
—
—
Womens Care Center Of Nsb INC
—
Deed Of Trust
related
$168,100 · Kevin Schweizer
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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