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Property profile & analytics
OFF-MARKET
Estimated value
$440,000
Drive through restaurants
2028 State Rd 60 Valrico, FL 33594-3605
Entity Owned
23-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-2565931
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2004
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,442 SF
Lot
0.96 ac (41,721 SF)
Zoning code
PD
APN
U242920ZZZ000002596400
UPID
US18-2565931
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
$360k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$440k
Owner & transaction history
Martin Capital · 23 yrs held
Martin Capital
since 2003
7 recorded transactions
Zoning & alternative use
PD · Valrico, 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 Valrico submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Valrico 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
$360,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$440k
Range $396k – $484k · ±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
$128 / 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
$21,485
Tax year 2023
Assessed value
$1,263,132
Assessed 2023
Previous assessed
$1,097,413
+15.1% YoY
Effective rate
1.70%
On assessed value
Assessed land
$650,848
Assessed improvement
$612,284
Land market value
$650,848
Improvement market value
$612,284
Total market value
$1,263,132
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
2004
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Total area
3,442 SF
Lot
0.96 ac (41,721 SF)
Zoning code
PD
APN
U242920ZZZ000002596400
UPID
US18-2565931
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
PD · Valrico, FLZoning PD · permitted uses
PD · Valrico, 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
2004
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Lot
0.96 ac
Current owner
From public records · entity-resolved
Martin Capital
Entity
Mailing address
4012 QUAIL BRIAR DR, VALRICO, FL 33596-6330
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2003
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
Aug 10, 2021
—
Gator Bait Foods LLC
—
Deed
related
$6,085,000 · Atlantic Capital Bank NA
Oct 26, 2016
—
Gator Bait Foods LLC
—
Deed
related
$2,647,400 · Pacific Wstrn Bk
Feb 3, 2003
—
Martin Capital
Rig Brandon Boulevard
Quit Claim Deed
related
$1,174,535 · Heritage Bank Of S Florida
Feb 3, 2003
$475,000
Martin Capital
Rig Brandon Boulevard
Grant Deed
related
—
Dec 4, 2001
$9,340,000
Rig Brandon Blvd LLC
—
Grant Deed
related
—
Sep 6, 2001
$9,400,000
Leisure Colony Management Corp
—
Grant Deed
related
—
—
—
Gator Bait Foods LLC
—
Deed Of Trust
related
$1,026,000 · Capitalsource
—
—
Gator Bait Foods LLC
—
Deed Of Trust
related
$1,068,000 · Gulfshore Bank
—
—
Gator Bait Foods LLC
—
Deed Of Trust
related
$2,647,400 · Pacific Wstrn Bk
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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