918 Reed CanalSouth Daytona, FL 32119

  • Retail properties
  • 4,662 SF
Off market
$14,264,966 Estimated

Property Details for 918 Reed Canal

Year built
1974
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.17 AC
Property size (Sq ft)
4,662 SF
Zone code
RM
Property type
Retail properties
Property subtype
Grocery and convenience stores
APN
5344-16-00-1180
APU
534416001180

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,439,879
    6.5%
    $1,329,119
    7%
    $1,234,182
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,735,241
    Geo Method
    $1,311,456
  • Alternative Use

    Use
    Valuation
    Residential
    $1,121,162
    Hospitality
    $1,026,978
    Educational
    $854,434
    Medical
    $883,819
    Retail
    $1,329,119
918 Reed Canal, South Daytona, Florida

Location Insight

City
South Daytona
County
Volusia
State
Florida
Latitude
29.1585
Longitude
-81.0194
CBSA code
19660
CBSA name
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$258,089
$14,063,600
$201,366
$14,264,966
-
$14,063,600
$201,366
$14,264,966

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