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Property profile & analytics
OFF-MARKET
Estimated value
$10,525,000
Investment properties
605 Courtland Blvd, Deltona, FL 32738-8913
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-3852124
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
40,931 SF
Lot
7.57 ac (329,749 SF)
APN
8136-03-00-0010
UPID
US18-3852124
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
-
Publix Pharmacy at Deltona Commons Pharmacy
-
Orlando Family Physicians by InnovaCare Health Medical Clinic
-
BOILED CRAB CHINA TASTE Restaurant
-
Pizza Hut Take-out & Catering
-
Publix Super Market at Deltona Commons Specialty Food Shop Supermarket
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.75M
CAP Approach
CAP
$7.78M
Comparable Approach
Comparable
$7.35M
Blend (final)
Blend
$10.53M
Owner & transaction history
Mfp Deltona LLC · 4 yrs held
Mfp Deltona LLC
since 2021
Last sale
$11.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$14.6M
+82.6%
Auto repair, garage
$10.2M
+27.1%
Warehouse, storage
$8.5M
+6.0%
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 Deltona submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Deltona 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
$13,020,000
ML approach
$7,750,000
CAP Approach
CAP Return
Estimation
6%
$8,425,000
6.5%
$7,780,000
7%
$7,225,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$8,005,000
Current use
RESTAURANT
$14,615,000
Change: +83% · Conversion: Difficult
AUTO REPAIR, GARAGE
$10,170,000
Change: +27% · Conversion: Difficult
WAREHOUSE, STORAGE
$8,490,000
Change: +6% · Conversion: Difficult
MEDICAL BUILDING
$7,615,000
Change: -5% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$7,330,000
Change: -8% · Conversion: Difficult
RETAIL STORES
$7,220,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$10.53M
Range $9.47M – $11.58M · ±10% · vs last sale $11.50M (Aug 10 2021)
Last sale anchor
$11.50M
Aug 10 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
$257 / 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
$152,580
Tax year 2023
Assessed value
$7,317,171
Assessed 2023
Previous assessed
$7,281,284
+0.5% YoY
Effective rate
2.09%
On assessed value
Assessed land
$2,901,791
Assessed improvement
$4,415,380
Land market value
$2,901,791
Improvement market value
$4,415,380
Total market value
$7,317,171
Applied tax rate
16.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
40,931 SF
Lot
7.57 ac (329,749 SF)
APN
8136-03-00-0010
UPID
US18-3852124
Jurisdiction
VOLUSIA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$8.0M
RESTAURANT
Est. value
$14.6M
AUTO REPAIR, GARAGE
Est. value
$10.2M
WAREHOUSE, STORAGE
Est. value
$8.5M
MEDICAL BUILDING
Est. value
$7.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.3M
RETAIL STORES
Est. value
$7.2M
COMMERCIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
7.57 ac
Current owner
From public records · entity-resolved
Mfp Deltona LLC
Entity
Mailing address
700 LAKEVIEW DR, MIAMI BEACH, FL 33140-2632
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 10, 2021
$11,500,000
Mfp Deltona LLC
Global Deltona LLC
Special Warranty Deed
—
Oct 29, 2019
$8,000,000
Global Deltona LLC
Cole Mt Deltona Fl LLC
Special Warranty Deed
$4,800,000 · Synovus Bank
Oct 29, 2019
—
Global Deltona LLC
—
Deed
related
$4,800,000 · Synovus Bk
Jun 19, 2013
$9,700,000
Cole Mt Deltona Fl LLC
Premier Corner LLC
Grant Deed
—
Jun 5, 2013
—
Premier Corner LLC
—
Deed Of Trust
related
$8,384,573 · Fifth Third Bank
—
—
Global Deltona LLC
—
Deed Of Trust
related
$4,800,000 · Synovus Bk
—
—
Cole Mt Deltona Fl LLC
—
Deed Of Trust
related
$4,767,000 · Miscellaneous Ins Co
—
—
Cole Mt Deltona Fl LLC
—
Deed Of Trust
related
$4,767,000 · Miscellaneous Ins Co
—
—
Premier Corner LLC
—
Deed Of Trust
related
$8,867,873 · Fifth Third 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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