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    Property profile & analytics

    700 Nova Rd Ormond Beach, FL 32174-7333

    • Grocery and convenience stores
    • 3,519 SF
    • 1.73 lot acres
    OFF-MARKET
    Value Estimation
    $2,640,000
    Last Sale
    Aug 17, 2021
    $3,494,000
    Location Intelligence
    Property ID
    US18-0670152
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • REBEL Convenience Stores / Gas Station / Grocery Delivery Service
    • Exxon / Gas Station
    • Just Digital Coin Bitcoin ATM - Ormond Beach / Atm / Currency Exchange Service

    Property Details for 700 Nova Rd

    Year built
    2002
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.73 lot acres
    Property size
    3,519 SF
    Zone code
    B5
    Property type
    Grocery and convenience stores
    APN
    4242-03-04-0140
    APU
    424203040140

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,145,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,490,000
      6.5%
      $3,175,000
      7%
      $3,205,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,150,000
      Geo Method
      $3,220,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,110,000
      Retail
      $2,865,000
      Mixed-Use
      $3,435,000
      Hospitality
      $2,920,000
      Educational
      $3,285,000
      Residential Income
      $2,720,000
      Energy
      $3,650,000
      Income-Based Land
      $2,960,000
      Food Service
      $2,745,000

    Location Insight

    • Map
    • Local Demand
    City
    Ormond Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.0771
    Latitude
    29.2625
    CBSA code
    19660
    CBSA name
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $18,730
    $452,850
    $514,860
    $967,710
    -
    $452,850
    $514,860
    $967,710

    Comparable in this City

    • Value Estimation by Request
      2,732 SF

      1437 And C-2

      Restaurants • 2,732 SF
      1437 And C-2, Ormond Beach, FL 32174
      View Details
    • Value Estimation by Request
      3,176 SF

      3795 Roscommon Dr

      CONVENIENCE STORE • 3,176 SF
      3795 Roscommon Dr, Ormond Beach, FL 32174-2850
      View Details
    • Value Estimation by Request
      3,250 SF

      1546 Granada Blvd

      CONVENIENCE STORE • 3,250 SF
      1546 Granada Blvd, Ormond Beach, FL 32174-8298
      View Details
    • Value Estimation by Request
      3,040 SF

      1521 Us Hwy 1st 1

      CONVENIENCE STORE • 3,040 SF
      1521 Us Hwy 1st 1, Ormond Beach, FL 32174-8704
      View Details
    • Value Estimation
      $185,000
      1,196 SF

      625 Yonge St

      CONVENIENCE STORE • 1,196 SF
      625 Yonge St, Ormond Beach, FL 32174-7653
      View Details
    • Value Estimation
      $1,265,000
      630 SF

      201 Granada Blvd

      CONVENIENCE STORE • 630 SF
      201 Granada Blvd, Ormond Beach, FL 32174-6201
      View Details

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    Similar Nearby for Lease

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    • Contact for pricing
      3,000 SF

      Retail Storefront Opportunity Near Aldi

      Retail storefront available for rent near Aldi and TD Bank.
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      Retail Space Near I-95

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      Retail & Office Space Available

      Retail and office space for lease in South Forty Plaza.
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    Property Visit Statistics

    • Visits by month
      6.6k
    • Visitors by month
      4.1k
    • Avg Time on site
      10 min
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    700 Nova Rd
    Ormond Beach, FL 32174-7333
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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