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Property profile & analytics
OFF-MARKET
Estimated value
$910,000
Turn key restaurants
1500 Us Hwy 1st 1 Tequesta, FL 33469-3233
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US18-5306830
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1955
Construction
CONCRETE
Total area
4,530 SF
Lot
1.07 ac (46,609 SF)
Zoning code
C2
APN
30-43-40-31-06-002-0069
UPID
US18-5306830
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
$590k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.24M
Blend (final)
Blend
$910k
Owner & transaction history
Olde Lighthouse Plaza LLC · 9 yrs held
Olde Lighthouse Plaza LLC
since 2017
6 recorded transactions
Zoning & alternative use
C2 · Tequesta, 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 Tequesta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tequesta 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
$590,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$910k
Range $819k – $1.00M · ±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
$201 / 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
$43,537
Tax year 2023
Assessed value
$2,171,734
Assessed 2023
Previous assessed
$2,069,386
+4.9% YoY
Effective rate
2.00%
On assessed value
Assessed land
$1,914,628
Assessed improvement
$257,106
Land market value
$1,914,628
Improvement market value
$257,106
Total market value
$2,171,734
Applied tax rate
30,571.0000
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
1955
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
4,530 SF
Lot
1.07 ac (46,609 SF)
Zoning code
C2
APN
30-43-40-31-06-002-0069
UPID
US18-5306830
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
C2 · Tequesta, FLZoning C2 · permitted uses
C2 · Tequesta, FL
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
1955
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
1.07 ac
Current owner
From public records · entity-resolved
Olde Lighthouse Plaza LLC
Entity
Mailing address
19950 BCH RD APT #8, TEQUESTA, FL 33469-2879
Ownership since
2017
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
Mar 1, 2017
$4,800,000
Olde Lighthouse Plaza LLC
Jbp Realty INC
Warranty Deed
—
Aug 4, 2015
$2,932,125
Jbp Realty INC
Ten G Dev LLC
Grant Deed
$3,170,000 · Sf IV Bridge II LP
Jun 13, 2014
$2,650,000
Ten G Dev LLC
Jbp Realty INC
Grant Deed
—
Dec 29, 2011
—
Macmillan Oil Co Of Florida INC
—
Deed Of Trust
related
$3,500,000 · Suntrust Bank NA
Sep 17, 2003
$3,110,000
Jbp Realty INC
Mcaninch,tr
Grant Deed
$2,600,000 · Mcaninch Trust
—
—
Macmillan Real Estate LLC
—
Loan Modification
related
$8,764,741 · Bankunited Fsb
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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