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Property profile & analytics
OFF-MARKET
Estimated value
$4,855,000
Warehouses
610 Yonge St Ormond Beach, FL 32174-7542
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US18-7823660
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2002
Construction
WOOD
Total area
29,401 SF
Lot
5.88 ac (256,133 SF)
Zoning code
B7
APN
4242-03-07-0150
UPID
US18-7823660
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
-
Self Storage Storage Facility
-
Public Storage Storage Facility
-
Quality Vending Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.47M
Comparable Approach
Comparable
$5.40M
Blend (final)
Blend
$4.86M
Owner & transaction history
Simply Storage Ormond Bch LLC · 10 yrs held
Simply Storage Ormond Bch LLC
since 2016
6 recorded transactions
Zoning & alternative use
B7 · Ormond Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$7.6M
+111.8%
Auto repair, garage
$7.3M
+102.5%
Neighborhood: shopping center
$5.3M
+45.9%
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%
$4,835,000
6.5%
$4,465,000
7%
$4,145,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,610,000
Current use
MEDICAL BUILDING
$7,640,000
Change: +112% · Conversion: Difficult
AUTO REPAIR, GARAGE
$7,305,000
Change: +102% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$5,265,000
Change: +46% · Conversion: Moderate
COMMERCIAL (GENERAL)
$4,895,000
Change: +36% · Conversion: Difficult
RETAIL STORES
$4,645,000
Change: +29% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$3,810,000
Change: +6% · Conversion: Easy
Blend value · Realmo final
$4.86M
Range $4.37M – $5.34M · ±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
$69,851
Tax year 2023
Assessed value
$3,934,989
Assessed 2023
Previous assessed
$3,934,989
+0.0% YoY
Effective rate
1.78%
On assessed value
Assessed land
$932,324
Assessed improvement
$3,002,665
Land market value
$932,324
Improvement market value
$3,002,665
Total market value
$3,934,989
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2002
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
8
Stories
1
Bathrooms
2
Total area
29,401 SF
Lot
5.88 ac (256,133 SF)
Zoning code
B7
APN
4242-03-07-0150
UPID
US18-7823660
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
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.6M
MEDICAL BUILDING
Est. value
$7.6M
AUTO REPAIR, GARAGE
Est. value
$7.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.3M
COMMERCIAL (GENERAL)
Est. value
$4.9M
RETAIL STORES
Est. value
$4.6M
INDUSTRIAL (GENERAL)
Est. value
$3.8M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
INDUSTRIAL (GENERAL)
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
2002
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
8
Bathrooms
2
Lot
5.88 ac
Current owner
From public records · entity-resolved
Simply Storage Ormond Bch LLC
Entity
Mailing address
PO BOX 800729, DALLAS, TX 75380-0729
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 13, 2016
$7,167,000
Simply Storage Ormond Bch LLC
Sssp Acquisitions Ormond Bch L
Grant Deed
$5,016,900 · Skymar Cap
May 7, 2013
—
Acquisitions Ormond Bch L Sssp
Sssp Acquisitions LLC
Quit Claim Deed
—
May 7, 2007
$5,650,000
Ss Ormond Beach LLC
USA Davis Road LLC
Deed Of Trust
$62,262,500 · * Other Institutional Lenders
Feb 23, 2005
$4,500,000
USA Davis Road LLC
Access America Storage I LLC
Grant Deed
$3,750,000 · Federal Trust Bank
Jul 19, 2001
$50,000
Robert W Browning
Kalin,byron S
Grant Deed
—
Jul 19, 2001
$550,000
Robert W Browning
Kalin,byron S
Grant Deed
—
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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