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Property profile & analytics
FOR LEASE
Turn key restaurants
1002 W State Road 436 Altamonte Springs, FL 32714
Entity Owned
11-yr Hold
Free & Clear
Property ID
US18-6839486
For Lease
1 / 14
$7,425,000
1002 W State Road 436, Altamonte Springs, FL 32714
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Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1988
Construction
WOOD FRAME
Total area
6,688 SF
Lot
8.79 ac (382,892 SF)
APN
16-21-29-501-0000-0250
UPID
US18-6839486
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
$7.42M
Blend (final)
Blend
$7.43M
Owner & transaction history
Sk Boardwalk Realty LLC · 11 yrs held
Sk Boardwalk Realty LLC
since 2015
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 Altamonte Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Altamonte Springs 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.43M
Range $6.68M – $8.17M · ±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
$1,110 / 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
$78,740
Tax year 2023
Assessed value
$4,831,477
Assessed 2023
Previous assessed
$4,750,997
+1.7% YoY
Effective rate
1.63%
On assessed value
Land market value
$1,490,223
Improvement market value
$3,341,254
Total market value
$4,831,477
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
1988
Construction
WOOD FRAME
Heating
NONE
Stories
1
Bathrooms
17
Total area
6,688 SF
Lot
8.79 ac (382,892 SF)
APN
16-21-29-501-0000-0250
UPID
US18-6839486
Jurisdiction
SEMINOLE
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
1988
Construction
WOOD FRAME
Heating
NONE
Stories
1
Bathrooms
17
Lot
8.79 ac
Current owner
From public records · entity-resolved
Sk Boardwalk Realty LLC
Entity
Free & Clear · 11 yrs held
Mailing address
PO BOX 268, BRONX, NY 10471-0268
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 13, 2025
—
Sk Boardwalk Realty LLC
—
Deed
related
$3,500,000 · Cfcgk LLC
Apr 22, 2015
—
Sk Boardwalk Realty LLC
Brisbane Holdings LLC
Quit Claim Deed
related
—
Apr 22, 2015
$4,900,000
Sk Boardwalk Realty LLC
Brisbane Holdings LLC
Grant Deed
$3,675,000 · German American Cap
Nov 25, 2013
—
Brisbane Holdings LLC
—
Trustees Deed
related
$1,230,000 · Fifth Third Bank
Nov 9, 2010
—
1002-1052 Semoran Boulevard
Mh Boardwalk LLC Coc
Trustees Deed
related
—
Mar 17, 2006
$6,000,000
Mh Boardwalk LLC
Randall B 1993-1 Trust
Grant Deed
$5,250,000 · Mellon United National Bank
May 1, 1998
$3,442,500
Benderson Trust
Altavest INC
Trustees Deed
—
May 1, 1998
$382,500
Benderson Dev Co INC
Altavest INC
Trustees 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.
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