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Property profile & analytics
FOR SALE
Investment properties
934 S Ridgewood Ave Daytona Beach, FL 32114
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-0105150
For Sale
1 / 72
$1,500,000
934 S Ridgewood Ave, Daytona Beach, FL 32114
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1910
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,375 SF
Lot
1.02 ac (44,528 SF)
Zoning code
T3
APN
5339-03-68-0040
UPID
US18-0105150
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.10M
CAP Approach
CAP
$1.21M
Comparable Approach
Comparable
$1.38M
Blend (final)
Blend
$1.10M
Owner & transaction history
Pro Development USA LLC · 3 yrs held
Pro Development USA LLC
since 2022
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
T3 · Daytona Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.6M
+97.1%
Restaurant
$1.4M
+70.2%
Neighborhood: shopping center
$1.4M
+68.3%
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 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
$965,000
ML approach
$1,095,000
CAP Approach
CAP Return
Estimation
6%
$1,310,000
6.5%
$1,210,000
7%
$1,125,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$805,000
Current use
AUTO REPAIR, GARAGE
$1,585,000
Change: +97% · Conversion: Difficult
RESTAURANT
$1,370,000
Change: +70% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,350,000
Change: +68% · Conversion: Difficult
MEDICAL BUILDING
$1,245,000
Change: +55% · Conversion: Easy
RETAIL STORES
$945,000
Change: +17% · Conversion: Easy
INDUSTRIAL (GENERAL)
$755,000
Change: -6% · Conversion: Moderate
Blend value · Realmo final
$1.10M
Range $986k – $1.20M · ±10% · vs last sale $1.06M (Sep 7 2022)
Last sale anchor
$1.06M
Sep 7 2022
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
$172 / 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
$14,104
Tax year 2023
Assessed value
$786,691
Assessed 2023
Previous assessed
$395,805
+98.8% YoY
Effective rate
1.79%
On assessed value
Assessed land
$155,848
Assessed improvement
$630,843
Land market value
$155,848
Improvement market value
$630,843
Total market value
$786,691
Applied tax rate
204.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Sale
Year built
1910
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Buildings
3
Stories
1
Bathrooms
8
Total area
6,375 SF
Lot
1.02 ac (44,528 SF)
Zoning code
T3
APN
5339-03-68-0040
UPID
US18-0105150
Jurisdiction
VOLUSIA
Zoning & alternative use
T3 · Daytona Beach, FL
Zoning T3 · permitted uses
T3 · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$805,000
AUTO REPAIR, GARAGE
Est. value
$1.6M
RESTAURANT
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.2M
RETAIL STORES
Est. value
$945,000
INDUSTRIAL (GENERAL)
Est. value
$755,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
RETAIL STORES
INDUSTRIAL (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
1910
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Buildings
3
Bathrooms
8
Lot
1.02 ac
Current owner
From public records · entity-resolved
Pro Development USA LLC
Entity
Mailing address
7825 NW 107TH AVE APT #311, DORAL, FL 33178-4435
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2026
—
Pro Development USA LLC
—
Deed
related
$660,000 · Rbi Mortgages LLC
Dec 21, 2022
—
Pro Development USA LLC
—
Deed
related
$400,000 · Rbi Mortgages LLC
Dec 12, 2022
—
Pro Development USA LLC
—
Deed
related
$750,000 · Jorge Alejandro Signoret Kerse
Sep 7, 2022
$1,055,000
Pro Development USA LLC
Daytona 934 LLC
Warranty Deed
$750,000 · Jorge Signoret Kerse
Sep 7, 2022
—
Daytona 934 LLC
Bersonn LLC
Warranty Deed
—
Sep 28, 2021
$460,000
Daytona 934 LLC
Cheryl Bernabe
Warranty Deed
—
Sep 9, 2019
$750,000
Cij Ventures & Properties LLC
Bersonn LLC
Grant Deed
—
Oct 3, 2005
$650,000
Bersonn LLC
Beau Virginia L Trust
Warranty Deed
$488,000 · Community South Bank
—
—
Virginia Lebeau Trustee
—
Deed Of Trust
related
$50,000 · Bank At Ormond By-the-sea
—
—
Bersonn LLC
—
Deed Of Trust
related
$445,000 · Certusbank NA
—
—
Virginia Lebeau Trustee
—
Deed Of Trust
related
$80,000 · Bank At Ormond By-the-sea
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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