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Property profile & analytics
OFF-MARKET
Bars & Pubs
10017 Us Hwy 441st N, Okeechobee, FL 34972-7518
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-3145092
Property profile
Verified
Property type
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Year built
1966
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,442 SF
Lot
0.71 ac (30,840 SF)
APN
1-15-36-35-0010-00080-0110
UPID
US18-3145092
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Evan Reisfeld · 3 yrs held
Evan Reisfeld
since 2023
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 Okeechobee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Okeechobee 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,656
Tax year 2023
Assessed value
$98,315
Assessed 2023
Previous assessed
$82,220
+19.6% YoY
Effective rate
2.70%
On assessed value
Assessed land
$34,172
Assessed improvement
$64,143
Land market value
$34,172
Improvement market value
$64,143
Total market value
$98,315
Applied tax rate
30.0000
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
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Status
Off-Market
Year built
1966
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
4,442 SF
Lot
0.71 ac (30,840 SF)
APN
1-15-36-35-0010-00080-0110
UPID
US18-3145092
Jurisdiction
OKEECHOBEE
Zoning & alternative use
Zoning · permitted uses
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
1966
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.71 ac
Current owner
From public records · entity-resolved
Evan Reisfeld
Individual
Mailing address
16159 NW 258TH ST, OKEECHOBEE, FL 34972-6996
Ownership since
2023
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
May 9, 2023
$225,000
Evan Reisfeld
Lloyd Richard Campbell
Warranty Deed
$200,000 · Lloyd Campbell
May 18, 2022
$75,000
Lloyd Richard Campbell
Margaret I Ruede
Warranty Deed
—
Mar 14, 2022
—
Margaret I Riueds
Kasey Mskane
Quit Claim Deed
related
—
Mar 7, 2022
—
Margaret I Ruede
Kasey Mckanc
Quit Claim Deed
related
—
Mar 22, 2013
—
Kasey M Mckane
Mckane,lawrence V
Quit Claim Deed
related
—
Nov 10, 2010
$15,000
Lawrence V Mckane
Mckane,lawrence V & Barbara L
Warranty Deed
related
$5,000 · Barbara L Mckane
Jun 30, 2006
—
Barbara L Ash
Mckane,lawrence V
Warranty Deed
related
—
Apr 30, 2004
$61,000
Lawrence V Mckane
Ruede,margaret
Grant Deed
$70,000 · Margaret Ruede
Sep 29, 1998
$8,800
Margaret R Mckane
Mckane,larry
Quit Claim Deed
related
—
—
—
Larry Mckane
—
Deed Of Trust
related
$19,817 · Individual
—
—
Lawrence V Mckane
—
Deed Of Trust
related
$12,000 · Smothers Trust
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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