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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Motels
749 Ridgewood Ave Daytona Beach, FL 32117-3619
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-0296978
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
13,030 SF
Lot
0.47 ac (20,528 SF)
Zoning code
B4
APN
4244-01-14-0110
UPID
US18-0296978
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
-
Fountain Inn & Suites Hotel & Motel
-
8th Street Motel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$410k
CAP Approach
CAP
$720k
Comparable Approach
Comparable
$806k
Blend (final)
Blend
$645k
Owner & transaction history
Fountain Inn LLC · 2 yrs held
Fountain Inn LLC
since 2024
5 recorded transactions
Zoning & alternative use
B4 · 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
$410,000
CAP Approach
CAP Return
Estimation
6%
$780,000
6.5%
$720,000
7%
$670,000
Blend value · Realmo final
$645k
Range $581k – $710k · ±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
$50 / 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
$11,611
Tax year 2023
Assessed value
$687,131
Assessed 2023
Previous assessed
$687,131
+0.0% YoY
Effective rate
1.69%
On assessed value
Assessed land
$82,112
Assessed improvement
$605,019
Land market value
$82,112
Improvement market value
$605,019
Total market value
$687,131
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
2
Units
40
Bathrooms
40
Total area
13,030 SF
Lot
0.47 ac (20,528 SF)
Zoning code
B4
APN
4244-01-14-0110
UPID
US18-0296978
Jurisdiction
VOLUSIA
Zoning & alternative use
B4 · Daytona Beach, FL
Zoning B4 · permitted uses
B4 · 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.
Building & site characteristics
From public records
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
2
Units
40
Bathrooms
40
Lot
0.47 ac
Current owner
From public records · entity-resolved
Fountain Inn LLC
Entity
Mailing address
749 RIDGEWOOD AVE, HOLLY HILL, FL 32117-3619
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 18, 2024
—
Fountain Inn LLC
Shri Gavrishanker INC
Warranty Deed
$2,000,000 · Usha Upadhyay
May 3, 2018
—
Shri Gavrishanker INC
Abhishek INC
Quit Claim Deed
related
—
Jan 19, 2018
—
Abhishek INC
Shubh Shakti INC
Quit Claim Deed
related
—
Jan 28, 2003
$930,300
Shubh Shakti INC
Crystal Sands Enterprises Lc
Grant Deed
$54,062 · Crystal Sands Enterprises Lc
Jan 13, 1999
$600,000
Holly Hill Hospitality INC
Govan,chotu V & Lalita C
Grant Deed
$500,000 · Seller
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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