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Property profile & analytics
OFF-MARKET
Estimated value
$205,000
Turn key restaurants
18617 High Spgs Main St High Springs, FL 32643-0039
Individually Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-0487687
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1983
Construction
WOOD
Total area
520 SF
Lot
0.11 ac (4,792 SF)
Zoning code
C2
APN
00602-000-000
UPID
US18-0487687
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$205k
Owner & transaction history
Terri Gianos · 3 yrs held
Terri Gianos
since 2023
7 recorded transactions
Zoning & alternative use
C2 · High Springs, 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 High Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs High Springs 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
Blend value · Realmo final
$205k
Range $185k – $226k · ±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
$394 / 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
$1,688
Tax year 2023
Assessed value
$55,427
Assessed 2023
Previous assessed
$61,053
-9.2% YoY
Effective rate
3.05%
On assessed value
Assessed land
$40,729
Assessed improvement
$14,698
Land market value
$40,729
Improvement market value
$14,698
Total market value
$55,427
Applied tax rate
5,700.0000
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
1983
Construction
WOOD
Heating
NONE
Cooling
WALL UNIT
Stories
1
Units
100
Rooms
3
Bathrooms
6
Total area
520 SF
Lot
0.11 ac (4,792 SF)
Zoning code
C2
APN
00602-000-000
UPID
US18-0487687
Jurisdiction
ALACHUA
Zoning & alternative use
C2 · High Springs, FLZoning C2 · permitted uses
C2 · High Springs, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Planning | High Springs, FL
Building & site characteristics
From public records
Year built
1983
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
100
Rooms
3
Bathrooms
6
Lot
0.11 ac
Current owner
From public records · entity-resolved
Terri Gianos
Individual
Free & Clear · 3 yrs held
Mailing address
678 SW BARNEY ST, HIGH SPRINGS, FL 32643-1251
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 23, 2023
—
Terri Gianos
Heuss Enterprises LLC
Correction Deed
related
—
Jul 14, 2022
$129,000
Terri Gainos
Heuss Enterprises LLC
Warranty Deed
—
Mar 19, 2021
$349,000
Heuss Enterprises LLC
Michael Heuss
Warranty Deed
$361,500 · Radiant Cu
Dec 31, 2003
$99,900
Michael Heuss
Loveless Management Group LLC
Grant Deed
$199,800 · Millennium Bank NA
Sep 11, 2002
$85,000
Loveless Management Group LLC
Wagner,john M
Grant Deed
—
—
—
Heuss,michael R & Constance L
—
Deed Of Trust
related
$240,000 · Sunstate FCU
—
—
Michael R Heuss
—
Deed Of Trust
related
$50,000 · Sunstate FCU
—
—
Michael R Heuss
—
Loan Modification
related
$451,000 · Sunstate FCU
—
—
Michael Heuss
—
Loan Modification
related
$451,000 · Sunstate FCU
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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