New search
Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Investment properties
642 Halifax Ave Daytona Beach, FL 32118-3847
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-9985314
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1920
Construction
WOOD
Total area
4,215 SF
Lot
0.38 ac (16,625 SF)
Zoning code
RP
APN
5305-01-07-0170
UPID
US18-9985314
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
-
Lifevision Church Orlando Church
-
LifevisionTV Television Studio Media Distribution
-
Nova Portable Toilet Rentals Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$565k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$752k
Blend (final)
Blend
$565k
Owner & transaction history
Blue Teal Investment Group LLC · 2 yrs held
Blue Teal Investment Group LLC
since 2024
Last sale
$565,000
7 recorded transactions
Zoning & alternative use
RP · Daytona Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$895,000
+17.5%
Medical building
$825,000
+8.3%
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 Daytona Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Daytona 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
$565,000
ML approach
$565,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$760,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$895,000
Change: +17% · Conversion: Difficult
MEDICAL BUILDING
$825,000
Change: +8% · Conversion: Easy
Blend value · Realmo final
$565k
Range $509k – $622k · ±10% · vs last sale $565k (May 7 2024)
Last sale anchor
$565k
May 7 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
$134 / 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
$5,535
Tax year 2023
Assessed value
$308,734
Assessed 2023
Previous assessed
$308,734
+0.0% YoY
Effective rate
1.79%
On assessed value
Assessed land
$82,294
Assessed improvement
$226,440
Land market value
$82,294
Improvement market value
$226,440
Total market value
$308,734
Applied tax rate
204.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1920
Construction
WOOD
Heating
OTHER
Cooling
YES
Stories
1
Bathrooms
7
Total area
4,215 SF
Lot
0.38 ac (16,625 SF)
Zoning code
RP
APN
5305-01-07-0170
UPID
US18-9985314
Jurisdiction
VOLUSIA
Zoning & alternative use
RP · Daytona Beach, FL
Zoning RP · permitted uses
RP · Daytona Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Daytona Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$760,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$895,000
MEDICAL BUILDING
Est. value
$825,000
COMMERCIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
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
1920
Construction
WOOD
Heating
OTHER
Cooling
Yes
Stories
1
Bathrooms
7
Lot
0.38 ac
Current owner
From public records · entity-resolved
Blue Teal Investment Group LLC
Entity
Mailing address
33 REFLECTIONS VLG DR, ORMOND BEACH, FL 32174-9032
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 7, 2024
$565,000
Blue Teal Investment Group LLC
Carroll R Johnson
Warranty Deed
—
Sep 18, 2023
$479,000
Carroll R Johnson
Leonard R Ross
Special Warranty Deed
—
May 15, 2023
$479,000
Carroll R Johnson
Leonard R Ross
Special Warranty Deed
$463,013 · American Neighborhood Mtg Acceptanc
Jun 4, 2018
—
Leonard R Ross
Burden,george D
Quit Claim Deed
related
—
Nov 26, 2008
$240,000
George D E Burden
Mesa,vikki E
Warranty Deed
$204,000 · East Coast Community Bank
Jul 22, 1999
$42,000
Vikki E Mesa
Jansen,kathryn S
Quit Claim Deed
related
—
Feb 10, 1999
—
Manufacturers Traders & Trust
Stewart,gertrude E
Trustees Deed
related
—
—
—
George D E Burden
—
Deed Of Trust
related
$264,000 · East Coast Community Bank
—
—
John A Bifulco
—
Deed Of Trust
related
$29,000 · Bank Of America
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 642 Halifax Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
