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Property profile & analytics
OFF-MARKET
Estimated value
$1,350,000
Turn key restaurants
1170 Hwy A1a Indialantic, FL 32903-2911
Entity Owned
3-yr Hold
Free & Clear
Property ID
US18-3387308
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1985
Construction
WOOD
Total area
2,558 SF
Lot
0.51 ac (22,216 SF)
Zoning code
BU-1
APN
27-38-30-50-00000.0-000B.38
UPID
US18-3387308
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
$1.36M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.10M
Blend (final)
Blend
$1.35M
Owner & transaction history
Highway Aia LLC · 3 yrs held
Highway Aia LLC
since 2023
Last sale
$1.5M
6 recorded transactions
Zoning & alternative use
BU-1 · Indialantic, FL
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 Indialantic submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Indialantic 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
$1,305,000
ML approach
$1,355,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$975,000
Current use
Blend value · Realmo final
$1.35M
Range $1.22M – $1.49M · ±10% · vs last sale $1.50M (Jun 28 2023)
Last sale anchor
$1.50M
Jun 28 2023
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
$528 / 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
$9,561
Tax year 2023
Assessed value
$633,460
Assessed 2023
Previous assessed
$500,000
+26.7% YoY
Effective rate
1.51%
On assessed value
Assessed land
$308,000
Assessed improvement
$325,460
Land market value
$308,000
Improvement market value
$325,460
Total market value
$633,460
Applied tax rate
5,300.0000
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
Off-Market
Year built
1985
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Total area
2,558 SF
Lot
0.51 ac (22,216 SF)
Zoning code
BU-1
APN
27-38-30-50-00000.0-000B.38
UPID
US18-3387308
Jurisdiction
BREVARD
Zoning & alternative use
BU-1 · Indialantic, FLZoning BU-1 · permitted uses
BU-1 · Indialantic, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Map
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$975,000
RESTAURANT Current
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
1985
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
Highway Aia LLC
Entity
Free & Clear · 3 yrs held
Mailing address
2510 MISTIC PT WAY, TAMPA, FL 33611-5061
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2023
$1,500,000
Highway Aia LLC
Digiacinto Holdings LLC
Special Warranty Deed
—
Jun 20, 2022
$825,000
Digiacinto Holdings LLC
Waffle House INC
Special Warranty Deed
—
Dec 3, 2019
$585,000
Waffle House INC
Cfl Pizza LLC
Grant Deed
—
Mar 14, 2018
—
Cfl Pizza LLC
—
Loan Modification
related
$81,000,000 · Regions Bk
Dec 23, 2009
$345,000
Cfl Pizza LLC
Pizza Hut Of America INC
Special Warranty Deed
—
Feb 6, 2007
—
Pizza Hut Of America INC
Pizza Hut Of Titusville INC
Quit Claim 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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