Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$22,745,000
Warehouses
941 Vlg Trl Port Orange, FL 32127-9353
Individually Owned
Absentee Owner
Property ID
US18-1998198
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
159,968 SF
Lot
6.76 ac (294,321 SF)
APN
6309-11-00-0010
UPID
US18-1998198
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
by Request
CAP Approach
CAP
$19.80M
Comparable Approach
Comparable
$22.16M
Blend (final)
Blend
$22.75M
Owner & transaction history
Michael Mulholland
Michael Mulholland
since 2026
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Port Orange submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Orange 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%
$21,445,000
6.5%
$19,795,000
7%
$18,380,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$36,590,000
Current use
RESTAURANT
$34,330,000
Change: -6% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$33,935,000
Change: -7% · Conversion: Moderate
MEDICAL BUILDING
$31,290,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$22.75M
Range $20.47M – $25.02M · ±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
$142 / 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
$131,436
Tax year 2023
Assessed value
$7,541,016
Assessed 2023
Previous assessed
$7,541,016
+0.0% YoY
Effective rate
1.74%
On assessed value
Assessed land
$1,460,000
Assessed improvement
$6,081,016
Land market value
$1,460,000
Improvement market value
$6,081,016
Total market value
$7,541,016
Applied tax rate
402.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
3
Units
146
Bathrooms
173
Total area
159,968 SF
Lot
6.76 ac (294,321 SF)
APN
6309-11-00-0010
UPID
US18-1998198
Jurisdiction
VOLUSIA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$36.6M
RESTAURANT
Est. value
$34.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$33.9M
MEDICAL BUILDING
Est. value
$31.3M
WAREHOUSE, STORAGE Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
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
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
3
Units
146
Bathrooms
173
Lot
6.76 ac
Current owner
From public records · entity-resolved
Michael Mulholland
Individual
Mailing address
16829 W 116TH ST, LENEXA, KS 66219-9603
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
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
Jan 30, 2026
$320,000
Michael Mulholland
Page Family Trust
Warranty Deed
—
Nov 5, 2021
—
Countryside Lakes Properties LLC
Countryside Lakes Senior Housung Ll
Correction Deed
related
—
Sep 15, 2021
—
Shepherd Cst LLC
Countryside Lakes Properties LLC
Lease
$23,000,000 · Greystone Servicing Company LLC
Aug 31, 2021
—
Countryside Lakes Properties LLC
Countryside Lakes Senior Housing Ll
Special Warranty Deed
—
Dec 27, 2017
—
Shepherd Csl LLC
—
Deed
related
$2,399,900 · Fifth Third Bk
Dec 26, 2017
—
Countryside Lakes Senior Hsng
—
Loan Modification
related
$24,000,000 · Fifth Third Bk
Dec 22, 2016
$30,500,000
Shepherd Csl Properties LLC
Countryside Lakes Properties LLC
Special Warranty Deed
$2,200,000 · Greystone Servicing Corporation
Dec 15, 2010
—
Countryside Lakes INC
Countryside Lakes Props LLC
Quit Claim Deed
related
—
Dec 15, 2010
$7,296,812
Countryside Lakes Properties LLC
Countryside Lakes INC
Warranty Deed
$8,368,000 · Lancaster Pollard Mortgage Company
—
—
Shepherd Csl LLC
—
Deed Of Trust
related
$2,399,900 · Fifth Third Bk
—
—
Countryside Lakes INC
—
Deed Of Trust
related
—
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 941 Vlg Trl?
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.
