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Property profile & analytics
OFF-MARKET
Drive through restaurants
2110 Placida Rd Englewood, FL 34224-5206
Entity Owned
5-yr Hold
Free & Clear
Property ID
US18-0684215
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,611 SF
Lot
1.04 ac (45,508 SF)
Zoning code
CT COMMERCIAL-TOURIST
APN
41-20-08-151-002
UPID
US18-0684215
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
by Request
Owner & transaction history
Pelican Palms LLC · 5 yrs held
Pelican Palms LLC
since 2020
Last sale
$300,000
7 recorded transactions
Zoning & alternative use
CT COMMERCIAL-TOURIST · Englewood, 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 Englewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Englewood 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$8,883
Tax year 2023
Assessed value
$439,223
Assessed 2023
Previous assessed
$399,294
+10.0% YoY
Effective rate
2.02%
On assessed value
Land market value
$261,671
Improvement market value
$303,059
Total market value
$564,730
Applied tax rate
1.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Rooms
1
Total area
2,611 SF
Lot
1.04 ac (45,508 SF)
Zoning code
CT COMMERCIAL-TOURIST
APN
41-20-08-151-002
UPID
US18-0684215
Jurisdiction
CHARLOTTE
Zoning & alternative use
CT COMMERCIAL-TOURIST · Englewood, FLZoning CT COMMERCIAL-TOURIST · permitted uses
CT COMMERCIAL-TOURIST · Englewood, 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
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Rooms
1
Lot
1.04 ac
Current owner
From public records · entity-resolved
Pelican Palms LLC
Entity
Free & Clear · 5 yrs held
Mailing address
306 S 89TH ST, OMAHA, NE 68114-4030
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2020
$300,000
Pelican Palms LLC
2520368 Ontario INC
Warranty Deed
—
Jun 1, 2016
$350,000
2520368 Ontario INC
Placida Road Properties LLC
Warranty Deed
—
Dec 20, 2010
$193,000
Placida Road Properties LLC
Zions First Natl Bk
Grant Deed
—
Jul 9, 2010
$297,600
Zions First Natl Bk
B & J Ice Cream INC Coc
Trustees Deed
related
—
Jan 28, 2009
$495,000
Desserts LLC
Willis Trust
Warranty Deed
—
Jan 28, 2009
—
Willis Trust
B & J Ice Cream INC
Grant Deed
related
—
—
—
B & J Ice Cream INC
—
Deed Of Trust
related
$510,000 · Zions First National 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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