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Property profile & analytics
OFF-MARKET
Retail space
5885 Ridgewood Ave Port Orange, FL 32127-6424
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-0108600
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,800 SF
Lot
0.64 ac (28,000 SF)
Zoning code
B4
APN
6314-03-14-0110
UPID
US18-0108600
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Louis J Ferris · 3 yrs held
Louis J Ferris
since 2022
Last sale
$390,000
5 recorded transactions
Zoning & alternative use
B4 · Port Orange, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Port Orange submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Orange 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,392
Tax year 2023
Assessed value
$263,344
Assessed 2023
Previous assessed
$158,289
+66.4% YoY
Effective rate
2.05%
On assessed value
Assessed land
$133,000
Assessed improvement
$130,344
Land market value
$133,000
Improvement market value
$130,344
Total market value
$263,344
Applied tax rate
402.0000
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
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
2
Total area
1,800 SF
Lot
0.64 ac (28,000 SF)
Zoning code
B4
APN
6314-03-14-0110
UPID
US18-0108600
Jurisdiction
VOLUSIA
Zoning & alternative use
B4 · Port Orange, FL
Zoning B4 · permitted uses
B4 · Port Orange, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Port Orange. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.64 ac
Current owner
From public records · entity-resolved
Louis J Ferris
Individual
Mailing address
5885 S RIDGEWOOD AVE, PORT ORANGE, FL 32127-6424
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 19, 2022
—
Louis J Ferris
Lh & A Realty Limited Partnership
Quit Claim Deed
related
—
Oct 19, 2022
$390,000
Orange Prime Motors LLC
Louis J Ferris
Warranty Deed
$260,000 · B & G Lake Investments LLC
Aug 19, 2014
—
L H & A Realty Limited Partnership
Lh&a Construction Management INC
Warranty Deed
$185,305 · Florida Community Bank NA
Oct 21, 2004
$275,000
Ljf Construction Mgmt INC
Gray,george E & Katherine
Warranty Deed
$175,000 · George E & Katherine Gray
—
—
Ljf Construction Mgmt LLC
—
Deed Of Trust
related
$107,232 · Sunshine State Community 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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