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Property profile & analytics
OFF-MARKET
Drive through restaurants
1405 Broadway Ave, Bartow, FL 33830-3311
Individually Owned
26-yr Hold
~
Est. High Equity
Property ID
US18-1439174
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1967
Total area
1,560 SF
Lot
0.26 ac (11,252 SF)
Zoning code
C-3
APN
253006385600009020
UPID
US18-1439174
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
-
Hungry Howie's Pizza Take-out & Catering Catering Service
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
Cleghorn,jack · 26 yrs held
Cleghorn,jack
since 1999
7 recorded transactions
Zoning & alternative use
C-3 · Bartow, 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 Bartow submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bartow 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
$3,008
Tax year 2023
Assessed value
$122,842
Assessed 2023
Previous assessed
$129,406
-5.1% YoY
Effective rate
2.45%
On assessed value
Assessed land
$67,506
Assessed improvement
$55,336
Land market value
$67,506
Improvement market value
$55,336
Total market value
$122,842
Applied tax rate
90,310.0000
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
1967
Heating
NONE
Stories
1
Units
1
Total area
1,560 SF
Lot
0.26 ac (11,252 SF)
Zoning code
C-3
APN
253006385600009020
UPID
US18-1439174
Jurisdiction
POLK
Zoning & alternative use
C-3 · Bartow, FL
Zoning C-3 · permitted uses
C-3 · Bartow, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bartow. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1967
Heating
NONE
Stories
1
Units
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Cleghorn,jack
Individual
Mailing address
2115 S FLORIDA AVE, LAKELAND, FL 33803-7224
Ownership since
1999
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 6, 2020
—
Cleghorn Jack JR.
—
Deed
related
$100,000 · Midflorida Cu
Sep 20, 2016
—
Cleghorn Properties LLC
—
Deed
related
$88,896 · Midflorida FCU
Jul 28, 1999
—
Cleghorn,jack
Ellis,john B
Trustees Deed
$180,000 · Community National Bank Bartow
Jul 28, 1999
$131,000
Cleghorn,jack
Barry,glenn S
Trustees Deed
—
—
—
Jack Cleghorn JR.
—
Deed Of Trust
related
$200,000 · Midflorida FCU
—
—
Cleghorn Properties LLC
—
Loan Modification
related
$88,896 · Midflorida FCU
—
—
Cleghorn Jack JR.
—
Deed Of Trust
related
$100,000 · Midflorida Cu
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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