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Property profile & analytics
OFF-MARKET
Estimated value
$4,845,000
Manufacturing properties
703 Ss St New Smyrna Beach, FL 32168-5867
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-5111677
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1972
Construction
WOOD
Total area
59,457 SF
Lot
3.24 ac (141,134 SF)
Zoning code
I3
APN
7340-01-00-0041
UPID
US18-5111677
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.45M
Comparable Approach
Comparable
$4.39M
Blend (final)
Blend
$4.85M
Owner & transaction history
Franklin International INC · 4 yrs held
Franklin International INC
since 2021
Last sale
$5.2M
7 recorded transactions
Zoning & alternative use
I3 · New Smyrna 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 New Smyrna Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Smyrna 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%
$5,900,000
6.5%
$5,445,000
7%
$5,055,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$7,710,000
Current use
Blend value · Realmo final
$4.85M
Range $4.36M – $5.33M · ±10% · vs last sale $5.20M (Sep 22 2021)
Last sale anchor
$5.20M
Sep 22 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
$81 / 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
$39,376
Tax year 2023
Assessed value
$2,130,691
Assessed 2023
Previous assessed
$1,858,643
+14.6% YoY
Effective rate
1.85%
On assessed value
Assessed land
$317,552
Assessed improvement
$1,813,139
Land market value
$317,552
Improvement market value
$1,813,139
Total market value
$2,130,691
Applied tax rate
601.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1972
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Bathrooms
8
Total area
59,457 SF
Lot
3.24 ac (141,134 SF)
Zoning code
I3
APN
7340-01-00-0041
UPID
US18-5111677
Jurisdiction
VOLUSIA
Zoning & alternative use
I3 · New Smyrna Beach, FL
Zoning I3 · permitted uses
I3 · New Smyrna Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Smyrna Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$7.7M
INDUSTRIAL (GENERAL) Current
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
1972
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
8
Lot
3.24 ac
Current owner
From public records · entity-resolved
Franklin International INC
Entity
Mailing address
2020 BRUCK ST, COLUMBUS, OH 43207-2329
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 22, 2021
$5,200,000
Franklin International INC
Momentive Performance Materials USA
Special Warranty Deed
—
Mar 15, 2013
—
Momentive Performance Material
—
Deed Of Trust
related
$2,150,700 · Bank Of Ny Mellon Tr Co NA
—
—
Momentive Performance Material
—
Deed Of Trust
related
$2,150,700 · Bank Of Ny Mellon Tr Co NA
—
—
Momentive Performance Material
—
Deed Of Trust
related
$700,000,000 · J P Morgan Chase Bank
—
—
Momentive Performance Material
—
Deed Of Trust
related
$2,150,700 · Bokf NA
—
—
Momentive Performance Material
—
Deed Of Trust
related
$2,150,700 · Bokf NA
—
—
Momentive Performance Material
—
Deed Of Trust
related
$2,150,700 · Bank Of Ny Mellon Tr Co NA
—
—
Momentive Performance Material
—
Loan Modification
related
$2,150,700 · J P Morgan Chase 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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