901 6Th St Daytona Beach, FL 32117
Manufacturing properties
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4-yr Hold
Absentee Owner
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901 6Th St, Daytona Beach, FL 32117
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Estimated value (blended)
$14.39M
Range $12.95M – $15.83M (±10%)
Implied cap rate
3.80%
In-place · NOI ÷ last sale
Property ID
US18-8468745
Property summary
AI-generated overview
The property is a mixed-use industrial and office facility totaling approximately 147,000 square feet on an approximately 15-acre site in Daytona Beach, Florida, located just north of Mason Avenue at the southeast corner of North Nova Road and 6th Street. It is zoned M-1, which supports uses including self-storage, heavy equipment use, office space, industrial applications, schools, manufacturing, warehousing, salvage operations, and data centers. The existing building is configured with roughly half of the space dedicated to industrial use and roughly half dedicated to office/flex space, and the office/flex portion may be suitable for conversion to self-storage. The site has undergone extensive renovation and related work, including improvements to the parking lot, exterior repainting, replacement or refurbishment of chiller and HVAC systems, and asbestos remediation. The property has a mixed tenant history, and there is planning for an additional approximately 49,000-square-foot building on the southwest corner of the site. The property was previously used as the Daytona Beach News Journal campus.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1965
Construction
CONCRETE
Total area
91,801 SF
Lot
17.44 ac (759,615 SF)
APN
5237-42-00-0010
UPID
US18-8468745
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.21M
CAP Approach
CAP
$8.41M
Comparable Approach
Comparable
$15.80M
Blend (final)
Blend
$14.39M
Owner & transaction history
since 2022
Last sale
$12.1M
6 recorded transactions
Zoning & alternative use
Top alternative use upside
Restaurant
$19.7M
+79.7%
Neighborhood: shopping center
$19.5M
+77.7%
Medical building
$18.0M
+63.8%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
7 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$14.39M
Value range
$12.95M – $15.83M
±10% around blend
Estimated value / SF
$157 / SF
Confidence
Property data
88
Market benchmarks
100
Comparable evidence
60
Income certainty
100
$12.95M
blend $14.39M
$15.83M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
91,801 SF
Lot area
17.44 ac
Year built
1965
Stories
1
APN
5237-42-00-0010
Assessed value
$10,561,645
Annual tax
$207,723
3
Income approach: direct capitalization
Partial preview
Income approach indication
$8.41M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$9.11M
@ 6.5% CAP return
$8.41M
@ 7% CAP return
$7.81M
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$207,723
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$15.80M
Range $7.18M – $15.80M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$14.39M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 18 sales
$119
+31%
Submarket 42 sales
$118
+33%
County 115 sales
$130
+21%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $157/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+80%
vs current-use indication
Neighborhood: Shopping Center
Medical Building
Commercial (general)
Industrial (general) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Market benchmark
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
3.80%
Selected cap rate for this manufacturing properties
Derived from the Daytona Beach market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 3.80%
9.0%
NOI (est.)
$447k *
Last sale · Feb 2022
$12.10M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$11.75M
Move the market yield to see immediate price impact.
Value / SF
$128
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
3.30%3.80%4.30%
$402k
$12.18M
$10.58M
$9.35M
$447k
$13.53M
$11.75M
$10.38M
$491k
$14.88M
$12.93M
$11.42M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$207,723
Tax year 2023
Assessed value
$10,561,645
Assessed 2023
Previous assessed
$10,561,645
+0.0% YoY
Effective rate
1.97%
On assessed value
Assessed land
$2,430,768
Assessed improvement
$8,130,877
Land market value
$2,430,768
Improvement market value
$8,130,877
Total market value
$10,561,645
Applied tax rate
204.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
1965
Construction
CONCRETE
Heating
NONE
Cooling
YES
Buildings
4
Stories
1
Total area
91,801 SF
Lot
17.44 ac (759,615 SF)
APN
5237-42-00-0010
UPID
US18-8468745
Jurisdiction
VOLUSIA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1965
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
4
Lot
17.44 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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