OFF-MARKET
Turn key restaurants
Individually Owned
1-yr Hold
Free & Clear
Individually Owned Property summary
AI-generated overview
This exceptional 0.34-acre commercial lot, located at 1607 28th St, Orlando, FL 32805 (APN: 03-23-29-7436-08-291), presents a compelling investment opportunity. Currently generating income from an existing restaurant, this property is zoned C-1, allowing for a diverse range of commercial uses. Its prime corner location offers excellent visibility and accessibility, situated just minutes from Downtown Orlando. The substantial lot size provides ample space for redevelopment, making it ideal for entrepreneurs seeking to establish a new business or investors looking for a high-return project. The asking price is $375,000. This property is situated in Orange County, Florida, and its coordinates are 28.5136691 latitude and -81.4017272 longitude. The property's potential is significant, given its location and zoning, making it a rare find in the thriving Orlando market. Serious inquiries are encouraged.
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1976
Total area
912 SF
Lot
0.34 ac (14,958 SF)
Zoning code
C-1
APN
03-23-29-7436-08-291
UPID
US18-4811718
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$560k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$545k
Owner & transaction history
since 2025
Last sale
$555,000
2 recorded transactions
Zoning & alternative use
C-1 · Orlando, FL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
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Summary
1
Valuation conclusion
Included free
Estimated market value
$545k
Value range
$491k – $600k
±10% around blend
Estimated value / SF
$598 / SF
Confidence
Property data
88
Market benchmarks
67
Comparable evidence
60
$491k
blend $545k
$600k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
912 SF
Lot area
0.34 ac
Year built
1976
Stories
1
APN
03-23-29-7436-08-291
Assessed value
$138,851
Annual tax
$2,153
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$545k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 109 sales
$494
+21%
County 147 sales
$484
+23%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $598/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$555k
Move the market yield to see immediate price impact.
Value / SF
$609
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$35k
$699k
$499k
$389k
$39k
$777k
$555k
$432k
$43k
$855k
$611k
$475k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,153
Tax year 2023
Assessed value
$138,851
Assessed 2023
Previous assessed
$131,127
+5.9% YoY
Effective rate
1.55%
On assessed value
Assessed land
$68,358
Assessed improvement
$70,493
Land market value
$68,358
Improvement market value
$70,493
Total market value
$138,851
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1976
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Rooms
1
Total area
912 SF
Lot
0.34 ac (14,958 SF)
Zoning code
C-1
APN
03-23-29-7436-08-291
UPID
US18-4811718
Jurisdiction
ORANGE
Zoning & alternative use
C-1 · Orlando, FLZoning C-1 · permitted uses
C-1 · Orlando, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1976
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
1
Lot
0.34 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C-1
Jurisdiction
Orlando, FL
Recorded code
C-1
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-1 in Orlando, FL.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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