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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Turn key restaurants
2251 Old Dixie Hwy Bunnell, FL 32110-5897
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-4103882
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1973
Construction
CONCRETE BLOCKS
Total area
7,829 SF
Lot
8.59 ac (373,963 SF)
Zoning code
C-2
APN
03-13-31-0650-000A0-0091
UPID
US18-4103882
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
$715k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$596k
Blend (final)
Blend
$635k
Owner & transaction history
2251 S Old Dixie Hwy LLC · 5 yrs held
2251 S Old Dixie Hwy LLC
since 2021
Last sale
$650,000
6 recorded transactions
Zoning & alternative use
C-2 · Bunnell, 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 Bunnell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bunnell 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
$560,000
ML approach
$715,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$635k
Range $572k – $699k · ±10% · vs last sale $650k (Jun 1 2021)
Last sale anchor
$650k
Jun 1 2021
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
$81 / 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
$4,302
Tax year 2023
Assessed value
$301,480
Assessed 2023
Previous assessed
$301,480
+0.0% YoY
Effective rate
1.43%
On assessed value
Assessed land
$174,685
Assessed improvement
$126,795
Land market value
$174,685
Improvement market value
$126,795
Total market value
$301,480
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1973
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
YES
Buildings
4
Stories
1
Units
1
Total area
7,829 SF
Lot
8.59 ac (373,963 SF)
Zoning code
C-2
APN
03-13-31-0650-000A0-0091
UPID
US18-4103882
Jurisdiction
FLAGLER
Zoning & alternative use
C-2 · Bunnell, FL
Zoning C-2 · permitted uses
C-2 · Bunnell, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bunnell. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1973
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
Yes
Stories
1
Buildings
4
Units
1
Lot
8.59 ac
Current owner
From public records · entity-resolved
2251 S Old Dixie Hwy LLC
Entity
Mailing address
301 E 66TH ST, NEW YORK, NY 10065-6205
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
Dec 28, 2021
—
2251 S Old Dixie Hwy LLC
—
Deed
related
$400,000 · A&s Capital LLC
Jun 1, 2021
$650,000
2251 S Old Dixie Hwy LLC
Ajmal M Zulali
Warranty Deed
$175,000 · Ajmal M Zulali Etal
Dec 18, 2017
$300,000
Ajmal M Zulali
Krenbeh,thomas A
Quit Claim Deed
related
—
Nov 12, 2013
$500,000
Ajmal M Zulali
Wells Fargo Bk NA
Grant Deed
—
Aug 20, 2012
$100,100
Fargo Bk NA Wells
Poonam Properties INC Coc
Trustees Deed
related
—
Nov 4, 1997
$2,400,000
Poonam Properties INC
Old Dixie Group INC
Grant Deed
$1,224,500 · Money Store Commercial Mtg
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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