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Property profile & analytics
FOR LEASE
Turn key restaurants
100 S 2Nd St Fort Pierce, FL 34950
Entity Owned
16-yr Hold
Free & Clear
Property ID
US18-2212389
For Lease
1 / 11
$750/Mo
100 S 2Nd St, Fort Pierce, FL 34950
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1954
Construction
CONCRETE BLOCKS
Total area
12,995 SF
Lot
0.32 ac (14,007 SF)
Zoning code
CENTRAL CO
APN
2410-503-0069-000-0
UPID
US18-2212389
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
Current use
Occupant on record · Public records
-
Redtail DG Landscaping (Bike/Boat/Book/etc) Store
-
j.beautyHAVEN Hair Salon
-
Casa Pasta Restaurant
-
Sushi-Go Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$460k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$877k
Blend (final)
Blend
$670k
Owner & transaction history
Rfmd Investments LLC · 16 yrs held
Rfmd Investments LLC
since 2010
2 recorded transactions
Zoning & alternative use
CENTRAL CO · Fort Pierce, FL
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 Fort Pierce submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Pierce 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
$460,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$670k
Range $603k – $737k · ±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
$52 / 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
$26,991
Tax year 2023
Assessed value
$1,761,100
Assessed 2023
Previous assessed
$768,790
+129.1% YoY
Effective rate
1.53%
On assessed value
Assessed land
$203,100
Assessed improvement
$1,558,000
Land market value
$203,100
Improvement market value
$1,558,000
Total market value
$1,761,100
Applied tax rate
9,122.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
For Lease
Year built
1954
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Rooms
12
Bathrooms
1
Total area
12,995 SF
Lot
0.32 ac (14,007 SF)
Zoning code
CENTRAL CO
APN
2410-503-0069-000-0
UPID
US18-2212389
Jurisdiction
ST LUCIE
Zoning & alternative use
CENTRAL CO · Fort Pierce, FLZoning CENTRAL CO · permitted uses
CENTRAL CO · Fort Pierce, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1954
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
12
Bathrooms
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Rfmd Investments LLC
Entity
Free & Clear · 16 yrs held
Mailing address
PO BOX 650991, VERO BEACH, FL 32965-0991
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 22, 2025
—
The Galleria At Downtown Fort Pierc
—
Deed
related
$500,000 · Marine Bank & Trust Company
Jan 8, 2010
$550,000
Rfmd Investments LLC
Pnc Bk National Assn
Grant Deed
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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