Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Medical Office Space
810 Spg Gdn Ave Deland, FL 32720-3106
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US18-6332181
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2011
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,750 SF
Lot
0.92 ac (40,000 SF)
Zoning code
C2
APN
7007-00-00-0046
UPID
US18-6332181
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
-
Rasha Beg, MD Physician
-
Ernesto Bustinza-Linares, MD Physician
-
Jacob Barish, MD Physician
-
Victor Wady Melgen, MD Physician
-
Taylor Langston Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$840k
Comparable Approach
Comparable
$531k
Blend (final)
Blend
$670k
Owner & transaction history
Deland Realty LLC · 11 yrs held
Deland Realty LLC
since 2014
7 recorded transactions
Zoning & alternative use
C2 · Deland, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$930,000
+33.6%
Commercial (general)
$735,000
+5.3%
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 Deland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Deland 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%
$910,000
6.5%
$840,000
7%
$780,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$700,000
Current use
AUTO REPAIR, GARAGE
$930,000
Change: +34% · Conversion: Difficult
COMMERCIAL (GENERAL)
$735,000
Change: +5% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$670,000
Change: -4% · Conversion: Difficult
WAREHOUSE, STORAGE
$670,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$670k
Range $603k – $737k · ±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
$179 / 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
$14,463
Tax year 2023
Assessed value
$772,411
Assessed 2023
Previous assessed
$700,738
+10.2% YoY
Effective rate
1.87%
On assessed value
Assessed land
$162,500
Assessed improvement
$609,911
Land market value
$162,500
Improvement market value
$609,911
Total market value
$772,411
Applied tax rate
12.0000
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
2011
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
1
Total area
3,750 SF
Lot
0.92 ac (40,000 SF)
Zoning code
C2
APN
7007-00-00-0046
UPID
US18-6332181
Jurisdiction
VOLUSIA
Zoning & alternative use
C2 · Deland, FL
Zoning C2 · permitted uses
C2 · Deland, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Deland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$700,000
AUTO REPAIR, GARAGE
Est. value
$930,000
COMMERCIAL (GENERAL)
Est. value
$735,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$670,000
WAREHOUSE, STORAGE
Est. value
$670,000
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
2011
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.92 ac
Current owner
From public records · entity-resolved
Deland Realty LLC
Entity
Mailing address
3758 FARM BELL PL, LAKE MARY, FL 32746-4104
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 12, 2014
$750,000
Deland Realty LLC
George Besong M D LLC
Warranty Deed
$637,500 · Suntrust Bank
Apr 1, 2011
$180,000
George Besong M D LLC
Woodland Boulevard Holdings LLC
Corporation Deed
$78,000 · Mainstreet Community Bank Of Florid
Dec 8, 2010
—
Boulevard Holdings Ll Woodland
Acree Properties LLC
Warranty Deed
—
Jan 29, 2009
—
Acree Properties LLC
Acree,walter M III
Quit Claim Deed
—
Nov 12, 2008
—
Walter M Acree III
—
Trustees Deed
related
$200,000 · Mainstreet Community Bank Fl
Aug 26, 2008
—
Walter M Acree III
—
Trustees Deed
related
$200,000 · Mainstreet Community Bank Fl
Sep 9, 2005
$290,000
Walter M Acree III
Lgd Partners Lllp
Grant Deed
—
Nov 19, 2004
$127,060
Lgd Partners Lllp
Liberty Group
Grant Deed
—
—
—
George Besong Md LLC
—
Deed Of Trust
related
$619,270 · Mainstreet Cmnty Bk/fl
—
—
Walter M Acree III
—
Deed Of Trust
related
$150,000 · Mainstreet Community Bank Fl
—
—
Walter M Acree III
—
Deed Of Trust
related
$50,000 · Mainstreet Community Bank Fl
—
—
George Besong Md LLC
—
Deed Of Trust
related
$261,380 · Mainstreet Community Bank Fl
—
—
George Besong Md LLC
—
Deed Of Trust
related
$373,400 · 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 810 Spg Gdn Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
