Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,015,000
Drive through restaurants
1140 El Jobean Rd Port Charlotte, FL 33948-1012
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-5214439
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2015
Total area
4,372 SF
Lot
0.99 ac (43,222 SF)
Zoning code
CG COMMERCIAL-GENERAL
APN
40-22-07-179-001
UPID
US18-5214439
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
-
Culver's Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.02M
Blend (final)
Blend
$2.02M
Owner & transaction history
Castle Rock Property Mgmt LLC · 11 yrs held
Castle Rock Property Mgmt LLC
since 2014
7 recorded transactions
Zoning & alternative use
CG COMMERCIAL-GENERAL · Port Charlotte, 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 Port Charlotte submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Charlotte 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
Alternative Use
Use
Estimation
RESTAURANT
$1,490,000
Current use
AUTO REPAIR, GARAGE
$1,310,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$2.02M
Range $1.81M – $2.22M · ±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
$461 / 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
$31,303
Tax year 2023
Assessed value
$1,888,955
Assessed 2023
Previous assessed
$1,786,694
+5.7% YoY
Effective rate
1.66%
On assessed value
Land market value
$1,080,550
Improvement market value
$1,141,750
Total market value
$2,222,300
Applied tax rate
104.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2015
Heating
YES
Cooling
YES
Buildings
1
Stories
1
Bathrooms
2
Total area
4,372 SF
Lot
0.99 ac (43,222 SF)
Zoning code
CG COMMERCIAL-GENERAL
APN
40-22-07-179-001
UPID
US18-5214439
Jurisdiction
CHARLOTTE
Zoning & alternative use
CG COMMERCIAL-GENERAL · Port Charlotte, FL
Zoning CG COMMERCIAL-GENERAL · permitted uses
CG COMMERCIAL-GENERAL · Port Charlotte, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Port Charlotte. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.3M
RESTAURANT Current
AUTO REPAIR, GARAGE
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
2015
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Bathrooms
2
Lot
0.99 ac
Current owner
From public records · entity-resolved
Castle Rock Property Mgmt LLC
Entity
Mailing address
104 W STATE ST, MAUSTON, WI 53948-2111
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2023
—
Castle Rock Property Management LLC
—
Deed
related
$5,000 · Bank Of Wisconsin Dells
May 11, 2020
—
Castle Rock Prop Mgmt LLC
—
Deed
related
$188,383 · Bank Of Wisconsin Dells
Apr 12, 2018
—
Castle Rock Prop Mgmt LLC
—
Deed
related
$1,266,235 · Bank Of Wisconsin Dells
Jul 14, 2016
—
Castle Rock Property Mgmt LLC
—
Deed
related
$1,320,624 · Bank Of Wisconsin Dells
Jun 10, 2015
—
Castle Rock Property Mgmt LLC
—
Trustees Deed
related
$873,190 · Bank Of Wisconsin Dells
Nov 21, 2014
$650,000
Castle Rock Property Mgmt LLC
2011 Falls Creek LP
Grant Deed
$495,000 · Bank Of Wisconsin Dells
Oct 19, 2011
$8,200,000
2011 Falls Creek LP
Port Charlotte-falls Creek Dev
Warranty Deed
—
Jun 29, 2006
—
Charlotte-falls Creek Dev Port
—
Trustees Deed
related
$2,100,000 · Integra Bank Pittsburgh
Jun 30, 2005
$3,035,000
Charlotte-falls Creek Dev Port
Bermuda Investments Lc
Grant Deed
$6,300,000 · Fifth Third Bank
Aug 7, 2003
$1,581,400
Bermuda Investments Lc
Bacon,william L & Lynn S
Grant Deed
$1,185,000 · Peninsula Bank
—
—
Castle Rock Property Mgmt LLC
—
Deed Of Trust
related
$1,247,420 · Bank Of Wisconsin Dells
—
—
Castle Rock Prop Mgmt LLC
—
Loan Modification
related
$188,383 · Bank Of Wisconsin Dells
—
—
Castle Rock Property Mgmt LLC
—
Deed Of Trust
related
$1,320,624 · Bank Of Wisconsin Dells
—
—
Castle Rock Prop Mgmt LLC
—
Loan Modification
related
$1,266,235 · Bank Of Wisconsin Dells
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1140 El Jobean Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
