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Property profile & analytics
FOR LEASE
Manufacturing properties
816 Saxon Blvd Orange City, FL 32763
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US19-0601201
For Lease
1 / 6
$12 SF/Yr
816 Saxon Blvd, Orange City, FL 32763
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Property summary
AI-generated overview
This exceptional 172,079-square-foot retail community center, situated on a 23.5-acre lot in Orange City, Florida, presents a compelling investment opportunity. Built in 1988, this single-story building boasts a prominent corner location at Saxon Boulevard and Enterprise Road, benefiting from a combined daily traffic count of 58,500 vehicles. Currently, 30,688 square feet of space is available for lease, with individual units ranging from 900 to 16,012 square feet. The center enjoys a strong tenant mix, including national brands like Planet Fitness, Domino's Pizza, Dollar General, and Rent A Center. It also benefits from a shadow anchor lineup featuring Ollie's Bargain Outlet, Starbucks, Conn's Home Furniture, and Popshelf, further enhancing its appeal and drawing significant foot traffic. The property's strategic location is further amplified by its proximity to Interstate 4 (just one mile away) and the SunRail station in nearby Debary, ensuring excellent accessibility and visibility. The property is zoned MX-2 and its APN is 802308000020. This vibrant retail center offers a unique chance to capitalize on a high-demand location within Volusia County.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
117,549 SF
Lot
23.5 ac (1,023,660 SF)
Zoning code
C2
APN
8023-08-00-0020
UPID
US19-0601201
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
-
BlackOut Grappling Arts Gym & Fitness Center
-
Fiesta Grande Mexican Grill Restaurant
-
United States Marine Corps Recruitment Office Corporate Office
-
US Marine Corps Recruiting Orange City Military Recruiting Office
-
Pinch A Penny Pool Patio Spa (Bike/Boat/Book/etc) Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$10.77M
Comparable Approach
Comparable
$14.77M
Blend (final)
Blend
$14.76M
Owner & transaction history
Orange City Sdc LLC · 5 yrs held
Orange City Sdc LLC
since 2021
Last sale
$15.4M
3 recorded transactions
Zoning & alternative use
C2 · Orange City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$24.4M
+59.9%
Medical building
$21.9M
+43.5%
Neighborhood: shopping center
$21.0M
+38.1%
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
$13,480,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$11,665,000
6.5%
$10,765,000
7%
$10,000,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$15,240,000
Current use
WAREHOUSE, STORAGE
$24,375,000
Change: +60% · Conversion: Easy
MEDICAL BUILDING
$21,865,000
Change: +43% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$21,045,000
Change: +38% · Conversion: Difficult
RETAIL STORES
$20,735,000
Change: +36% · Conversion: Moderate
COMMERCIAL (GENERAL)
$14,980,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$14.76M
Range $13.28M – $16.24M · ±10% · vs last sale $15.40M (Jan 7 2021)
Last sale anchor
$15.40M
Jan 7 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
$126 / 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
$281,271
Tax year 2023
Assessed value
$13,519,333
Assessed 2023
Previous assessed
$13,518,295
+0.0% YoY
Effective rate
2.08%
On assessed value
Assessed land
$3,326,895
Assessed improvement
$10,192,438
Land market value
$3,326,895
Improvement market value
$10,192,438
Total market value
$13,519,333
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Buildings
3
Stories
1
Bathrooms
49
Total area
117,549 SF
Lot
23.5 ac (1,023,660 SF)
Zoning code
C2
APN
8023-08-00-0020
UPID
US19-0601201
Jurisdiction
VOLUSIA
Zoning & alternative use
C2 · Orange City, FL
Zoning C2 · permitted uses
C2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$15.2M
WAREHOUSE, STORAGE
Est. value
$24.4M
MEDICAL BUILDING
Est. value
$21.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$21.0M
RETAIL STORES
Est. value
$20.7M
COMMERCIAL (GENERAL)
Est. value
$15.0M
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
COMMERCIAL (GENERAL)
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
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Bathrooms
49
Lot
23.5 ac
Current owner
From public records · entity-resolved
Orange City Sdc LLC
Entity
Mailing address
290 NW 165TH ST PH #2, MIAMI, FL 33169-6472
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2021
$15,400,000
Orange City Sdc LLC
Orange City Marketplace LLC
Special Warranty Deed
$10,075,000 · First National Bank Of South Miami
Oct 19, 2006
$12,325,000
Orange City Marketplace LLC
Sunshine Portfolio Ltd I
Grant Deed
$14,000,000 · Protective Life Insurance Co
—
—
Sunshine Portfolio Ltd I
—
Deed Of Trust
related
$9,560,000 · Imperial Capital 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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