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Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Warehouses
745 Volusia Ave Orange City, FL 32763-4805
Individually Owned
22-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US19-0793761
Property summary
AI-generated overview
This exceptional value-add investment opportunity presents a 7,500-square-foot retail storefront located at 745 N Volusia Ave, Orange City, FL 32763, on busy US HWY 17/92. The property, built in 1980, sits on a 23,700-square-foot lot and boasts a 100% occupancy rate with two tenants. Currently operating as a pawn shop, the space includes a 2,300-square-foot retail area and a 5,350-square-foot warehouse. The property offers significant upside potential with a current Net Operating Income (NOI) of $120,000, translating to a compelling 20.17% cap rate and a price per square foot of $79.33. The asking price is $595,000. The property features eight parking spaces and is zoned for commercial use. One-year remaining lease term is available. Inventory is negotiable for a potential buyer wishing to continue the existing pawn shop business. A partnership opportunity may also be available. This is a rare chance to acquire a multi-tenant retail property with strong cash flow and significant growth potential in a desirable location.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,650 SF
Lot
0.67 ac (29,200 SF)
Zoning code
C1
APN
8003-00-00-0828
UPID
US19-0793761
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
-
Baddog Guns Gold and Pawn Loan Agency Gun Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$945k
Comparable Approach
Comparable
$558k
Blend (final)
Blend
$750k
Owner & transaction history
Wetherington B C · 22 yrs held
Wetherington B C
since 2004
6 recorded transactions
Zoning & alternative use
C1 · Orange City, 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 Orange City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Orange City 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%
$1,025,000
6.5%
$945,000
7%
$880,000
Blend value · Realmo final
$750k
Range $675k – $825k · ±10%
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
$98 / 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
$8,090
Tax year 2023
Assessed value
$397,609
Assessed 2023
Previous assessed
$370,545
+7.3% YoY
Effective rate
2.03%
On assessed value
Assessed land
$110,960
Assessed improvement
$286,649
Land market value
$110,960
Improvement market value
$286,649
Total market value
$397,609
Applied tax rate
14.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Bathrooms
4
Total area
7,650 SF
Lot
0.67 ac (29,200 SF)
Zoning code
C1
APN
8003-00-00-0828
UPID
US19-0793761
Jurisdiction
VOLUSIA
Zoning & alternative use
C1 · Orange City, FL
Zoning C1 · permitted uses
C1 · Orange City, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Orange City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Bathrooms
4
Lot
0.67 ac
Current owner
From public records · entity-resolved
Wetherington B C
Individual
Mailing address
2624 LK FRST DR, DELAND, FL 32720-4313
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2010
—
B Carrol Wetherington
—
Trustees Deed
related
$59,780 · Mainstreet Community Bank Fl
May 13, 2004
$300,000
Wetherington B C
Costa,richard & Jeannette V
Grant Deed
$57,871 · Richard & Jeannette V Costa
—
—
B Carrol Wetherington
—
Deed Of Trust
related
$310,243 · Mainstreet Community Bank Fl
—
—
B Carrol Wetherington
—
Deed Of Trust
related
$59,780 · Mainstreet Community Bank Fl
—
—
B Carrol Wetherington
—
Deed Of Trust
related
$343,243 · Mainstreet Community Bank Fl
—
—
B Carrol Wetherington
—
Deed Of Trust
related
$60,000 · Mainstreet Community Bank Fl
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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