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Property profile & analytics
OFF-MARKET
Estimated value
$1,520,000
Turn key restaurants
201 Main St, Leesburg, FL 34748-5118
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-6003629
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1881
Construction
BRICK
Total area
2,400 SF
Lot
0.2 ac (8,698 SF)
APN
26-19-24-3300-000-00400
UPID
US18-6003629
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
-
Penske Truck Rental Car Rental Facility
-
Beacon Storage Storage Facility
-
Mission Self-Storage Storage Facility
-
Sipping Grounds Leesburg Cafe & Coffee Shop
-
Siga International Real Estate LLC Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.52M
Blend (final)
Blend
$1.52M
Owner & transaction history
Beacon On Main LLC · 4 yrs held
Beacon On Main LLC
since 2021
6 recorded transactions
Zoning & alternative use
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 Leesburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Leesburg 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
$1.52M
Range $1.37M – $1.67M · ±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
$633 / 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
$11,678
Tax year 2023
Assessed value
$755,440
Assessed 2023
Previous assessed
$671,251
+12.5% YoY
Effective rate
1.55%
On assessed value
Land market value
$231,541
Improvement market value
$523,899
Total market value
$755,440
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
1881
Construction
BRICK
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
1
Bathrooms
9
Total area
2,400 SF
Lot
0.2 ac (8,698 SF)
APN
26-19-24-3300-000-00400
UPID
US18-6003629
Jurisdiction
LAKE
Zoning & alternative use
Zoning · permitted uses
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
1881
Construction
BRICK
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
9
Lot
0.2 ac
Current owner
From public records · entity-resolved
Beacon On Main LLC
Entity
Mailing address
5650 MARION COUNTY RD, LADY LAKE, FL 32159-2810
Ownership since
2021
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
Sep 24, 2025
—
Tgrjr LLC
—
Deed
related
$1,000,000 · Midflorida Cu
Dec 27, 2021
$625,000
Beacon On Main LLC
Charles F Townsend
Warranty Deed
$525,000 · Charles F Townsend Etux
Aug 5, 2019
—
Charles F Townsend
—
Deed
related
$50,000 · United Southern Bank
May 3, 2017
$445,000
Tgrjr LLC
Bell,scott D
Warranty Deed
—
Mar 25, 2005
$580,000
Scott D Bell
Conways Home Furnishings INC
Warranty Deed
$243,400 · David M & Lisa R Conway
Feb 17, 2000
—
Conways Home Furnishing INC
Conway,david M & Lisa R
Quit Claim Deed
related
$250,000 · United Southern Bank
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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