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Property profile & analytics
OFF-MARKET
Estimated value
$430,000
Community centers
600 Yonge St Ormond Beach, FL 32174-7586
Entity Owned
9-yr Hold
Free & Clear
Property ID
US18-5302117
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1953
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,604 SF
Lot
2.12 ac (92,500 SF)
Zoning code
B7
APN
4242-03-07-0140
UPID
US18-5302117
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
-
ARTique Local Art Gallery Home Decor Store Department Store
-
Tango's Ormond Beach Restaurant
-
Team Wake Underway with Nexa Loan Service Bank
-
Rominas Photography Photography Service (Bike/Boat/Book/etc) Store
-
Growing Pain LLC Foster Care Service Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$430k
Owner & transaction history
Akf LLC · 9 yrs held
Akf LLC
since 2017
2 recorded transactions
Zoning & alternative use
B7 · Ormond Beach, 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 Ormond Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ormond 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$430k
Range $387k – $473k · ±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
$165 / 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
$9,526
Tax year 2023
Assessed value
$806,060
Assessed 2023
Previous assessed
$756,860
+6.5% YoY
Effective rate
1.18%
On assessed value
Assessed land
$396,825
Assessed improvement
$409,235
Land market value
$396,825
Improvement market value
$409,235
Total market value
$806,060
Applied tax rate
201.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1953
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Buildings
5
Stories
1
Bathrooms
37
Total area
2,604 SF
Lot
2.12 ac (92,500 SF)
Zoning code
B7
APN
4242-03-07-0140
UPID
US18-5302117
Jurisdiction
VOLUSIA
Zoning & alternative use
B7 · Ormond Beach, FLZoning B7 · permitted uses
B7 · Ormond Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1953
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Buildings
5
Bathrooms
37
Lot
2.12 ac
Current owner
From public records · entity-resolved
Akf LLC
Entity
Free & Clear · 9 yrs held
Mailing address
50 S YONGE ST STE #2, ORMOND BEACH, FL 32174-6289
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 25, 2017
—
Akf LLC
Burnette,sharon M
Grant Deed
related
—
Apr 4, 2017
$330,000
Akf LLC
Burnette,sharon M
Warranty Deed
$270,000 · Sharon M Burnette
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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