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Property profile & analytics
OFF-MARKET
Estimated value
$760,000
Medical Office Space
709 Clyde Morris Blvd Daytona Beach, FL 32114-1603
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-3883599
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,907 SF
Lot
0.87 ac (38,100 SF)
Zoning code
RP
APN
5238-40-00-0260
UPID
US18-3883599
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
-
Allergy Asthma Arthritis Lung Physician Medical Clinic
-
Allergy Asthma Arthritis Lung: Michael D. Kohen, M.D. Physician Medical Clinic
-
Aal Center Medical Clinic
-
Md Vinicius Costa Diniz Domingues Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$760k
CAP Approach
CAP
$875k
Comparable Approach
Comparable
$606k
Blend (final)
Blend
$760k
Owner & transaction history
Tobias Domingues LLC · 2 yrs held
Tobias Domingues LLC
since 2024
Last sale
$760,000
4 recorded transactions
Zoning & alternative use
RP · Daytona Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the Residential/Professional (RP) district is to provide for transitional uses that serve as a buffer between single-family residential neighborhoods and commercial uses, including single-family dwellings, duplexes and duplex subdivisions, townhouse subdivisions, and multifamily dwellings and complexes, as well as small-scale office developmen…
Zone name
Residential Professional
General category
CIVIC_INSTITUTIONAL
Zone area
482.40 ac
Source
Realmo
Top alternative use upside
Warehouse, storage
$1.2M
+52.1%
Auto repair, garage
$970,000
+27.0%
Neighborhood: shopping center
$830,000
+8.5%
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
$760,000
ML approach
$760,000
CAP Approach
CAP Return
Estimation
6%
$945,000
6.5%
$875,000
7%
$810,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$765,000
Current use
WAREHOUSE, STORAGE
$1,165,000
Change: +52% · Conversion: Difficult
AUTO REPAIR, GARAGE
$970,000
Change: +27% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$830,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$760k
Range $684k – $836k · ±10% · vs last sale $760k (Jan 2 2024)
Last sale anchor
$760k
Jan 2 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
$195 / 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
$6,485
Tax year 2023
Assessed value
$361,713
Assessed 2023
Previous assessed
$361,713
+0.0% YoY
Effective rate
1.79%
On assessed value
Assessed land
$178,118
Assessed improvement
$183,595
Land market value
$178,118
Improvement market value
$183,595
Total market value
$361,713
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
3
Total area
3,907 SF
Lot
0.87 ac (38,100 SF)
Zoning code
RP
APN
5238-40-00-0260
UPID
US18-3883599
Jurisdiction
VOLUSIA
Zoning & alternative use
RP · Daytona Beach, FLZoning 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
Zoning description
The purpose of the Residential/Professional (RP) district is to provide for transitional uses that serve as a buffer between single-family residential neighborhoods and commercial uses, including single-family dwellings, duplexes and duplex subdivisions, townhouse subdivisions, and multifamily dwellings and complexes, as well as small-scale office development for business and professional services. It also accommodates limited group living, institutional, and open space uses, generally as special uses or public or semi-pubic uses.
Zone name
Residential Professional
General category
CIVIC_INSTITUTIONAL
Zone area
482.40 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$765,000
WAREHOUSE, STORAGE
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$970,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$830,000
MEDICAL BUILDING Current
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
3
Lot
0.87 ac
Current owner
From public records · entity-resolved
Tobias Domingues LLC
Entity
Free & Clear · 2 yrs held
Mailing address
20 RIV DUNES DR, DAYTONA BEACH, FL 32118-5217
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 26, 2024
—
Tobias Domingues LLC
709 Clyde Morris Blvd LLC
Re-recorded Document
related
—
Jan 2, 2024
$760,000
Tobias Domingues LLC
709 Clyde Morris Blvd LLC
Warranty Deed
—
Oct 12, 2006
—
709 Clyde Morris Blvd LLC
Kohen Michael D Living Trust
Warranty Deed
—
Aug 7, 2006
—
Kohen Michael D Living Trust
Kohen,michael D & Marian
Quit Claim Deed
related
—
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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