Property profile

821 State Rd 44 New Smyrna Beach, FL 32168

OFF-MARKET
Medical Office Space
Property ID
US19-0698898
6,989 SF 1.09 ac lot Built 1996
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1996
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,989 SF
Lot 1.09 ac (47,270 SF)
Zoning code R5
APN 7419-05-00-0021
UPID US19-0698898

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

821 State Rd 44 New Smyrna Beach, FL 32168-7271
New Smyrna Beach metro Census 82903 DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.48M
Blend (final) Blend
$1.07M

Owner & transaction history

since 2019
5 recorded transactions
2019
$1.4M
2004
$700,000
2003
$333,100
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R5 · New Smyrna Beach, FL
Top alternative use upside
Auto repair, garage $1.7M +33.6%
Retail stores $1.6M +20.2%
Warehouse, storage $1.5M +11.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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