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Property profile & analytics
FOR SALE
Retail space
Business Only New Smyrna Beach, FL 32168
Individually Owned
6-yr Hold
Property ID
US18-5929405
For Sale
$99,000
Business Only, New Smyrna Beach, FL 32168
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,915 SF
Lot
0.11 ac (4,950 SF)
Zoning code
B1
APN
7441-37-01-0102
UPID
US18-5929405
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
$565k
Comparable Approach
Comparable
$541k
Blend (final)
Blend
$585k
Owner & transaction history
Jay Dennison · 6 yrs held
Jay Dennison
since 2019
7 recorded transactions
Zoning & alternative use
B1 · New Smyrna Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
City Zoning
Top alternative use upside
Auto repair, garage
$975,000
+11.1%
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 New Smyrna Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Smyrna 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$615,000
6.5%
$565,000
7%
$525,000
Alternative Use
Use
Estimation
RETAIL STORES
$875,000
Current use
AUTO REPAIR, GARAGE
$975,000
Change: +11% · Conversion: Difficult
WAREHOUSE, STORAGE
$810,000
Change: -7% · Conversion: Difficult
MEDICAL BUILDING
$730,000
Change: -17% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$700,000
Change: -20% · Conversion: Moderate
Blend value · Realmo final
$585k
Range $527k – $644k · ±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
$149 / 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
$8,874
Tax year 2023
Assessed value
$573,207
Assessed 2023
Previous assessed
$573,207
+0.0% YoY
Effective rate
1.55%
On assessed value
Assessed land
$222,750
Assessed improvement
$350,457
Land market value
$222,750
Improvement market value
$350,457
Total market value
$573,207
Applied tax rate
601.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
2
Total area
3,915 SF
Lot
0.11 ac (4,950 SF)
Zoning code
B1
APN
7441-37-01-0102
UPID
US18-5929405
Jurisdiction
VOLUSIA
Zoning & alternative use
B1 · New Smyrna Beach, FLZoning B1 · permitted uses
B1 · New Smyrna Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
City Zoning
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$875,000
AUTO REPAIR, GARAGE
Est. value
$975,000
WAREHOUSE, STORAGE
Est. value
$810,000
MEDICAL BUILDING
Est. value
$730,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$700,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.11 ac
Current owner
From public records · entity-resolved
Jay Dennison
Individual
Mailing address
6756 TURTLEMOUND RD, NEW SMYRNA BEACH, FL 32169-4913
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2025
—
Jay Dennison
—
Deed
related
$200,000 · Space Coast Cu
Oct 10, 2019
$600,000
Jay Dennison
Street C 399 Land Trust
Warranty Deed
$260,000 · Canal Street Land Tr #399 (ct)
Oct 11, 2013
$135,000
Sailsup INC
Shg Financial LLC
Quit Claim Deed
related
$475,000 · Jp Morgan Chase Bk
Sep 13, 2013
—
Canal Street Land Trust 399
Crunkilton,richard A & Jean L
Warranty Deed
—
Jul 31, 2012
—
Tauscher,rick E
Pnc Bk National Assn
Quit Claim Deed
related
—
Sep 6, 2011
$40,500
Shg Financial LLC
Deputy Clerk Of Volusia County
Tax Deed
related
—
—
—
Margaret J Mitchum
—
Deed Of Trust
related
$104,900 · Charles W Stansfield
—
—
Richard A Crunkilton
—
Deed Of Trust
related
$100,000 · Wachovia Bank NA
—
—
Richard A Crunkilton
—
Deed Of Trust
related
$107,624 · Regions 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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