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Property profile & analytics
OFF-MARKET
Estimated value
$1,005,000
Manufacturing properties
707 Commercial Dr Daytona Beach, FL 32117-3442
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-5239353
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1974
Construction
TYPE NOT SPECIFIED
Total area
11,125 SF
Lot
0.43 ac (18,898 SF)
Zoning code
I2
APN
4244-09-00-0060
UPID
US18-5239353
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
-
The Parts House Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.17M
CAP Approach
CAP
$1.02M
Comparable Approach
Comparable
$871k
Blend (final)
Blend
$1.01M
Owner & transaction history
Thoroughbred Classics LLC · 4 yrs held
Thoroughbred Classics LLC
since 2021
Last sale
$992,000
4 recorded transactions
Zoning & alternative use
I2 · Daytona 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 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
by Request
ML approach
$1,165,000
CAP Approach
CAP Return
Estimation
6%
$1,105,000
6.5%
$1,020,000
7%
$945,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,330,000
Current use
RETAIL STORES
$1,310,000
Change: -2% · Conversion: Moderate
WAREHOUSE, STORAGE
$1,290,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$1.01M
Range $905k – $1.11M · ±10% · vs last sale $992k (Sep 30 2021)
Last sale anchor
$992k
Sep 30 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
$90 / 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
$10,474
Tax year 2023
Assessed value
$515,578
Assessed 2023
Previous assessed
$478,431
+7.8% YoY
Effective rate
2.03%
On assessed value
Assessed land
$66,143
Assessed improvement
$449,435
Land market value
$66,143
Improvement market value
$449,435
Total market value
$515,578
Applied tax rate
203.0000
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
1974
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Bathrooms
4
Total area
11,125 SF
Lot
0.43 ac (18,898 SF)
Zoning code
I2
APN
4244-09-00-0060
UPID
US18-5239353
Jurisdiction
VOLUSIA
Zoning & alternative use
I2 · Daytona Beach, FL
Zoning I2 · permitted uses
I2 · 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
INDUSTRIAL (GENERAL) Current
Est. value
$1.3M
RETAIL STORES
Est. value
$1.3M
WAREHOUSE, STORAGE
Est. value
$1.3M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
WAREHOUSE, STORAGE
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
1974
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Bathrooms
4
Lot
0.43 ac
Current owner
From public records · entity-resolved
Thoroughbred Classics LLC
Entity
Mailing address
2665 N ATLANTIC AVE #212, DAYTONA BEACH, FL 32118-3205
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 18, 2025
—
Thoroughbred Classics LLC
—
Deed
related
$1,068,750 · Vystar Cu
Sep 30, 2021
$992,000
Thoroughbred Classics LLC
Rcm Properties LLC
Warranty Deed
—
Feb 5, 2002
$235,000
Rcm Properties LLC
Maugeri,richard C & Dina A
Grant Deed
$1,000,000 · Southtrust Bank NA
—
—
Rcm Properties LLC
—
Deed Of Trust
related
$5,000,000 · Regions 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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