Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,000,000
Commercial land
2307 Hwy 70 Arcadia, FL 34266-5628
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-5158965
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1970
Total area
1,908 SF
Lot
1.37 ac (59,721 SF)
Zoning code
CG
APN
05-38-25-0000-0257-0000
UPID
US18-5158965
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
-
Cemex - Arcadia Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.00M
Owner & transaction history
Driven Brands INC · 1 yrs held
Driven Brands INC
since 2024
Last sale
$5.0M
7 recorded transactions
Zoning & alternative use
CG · Arcadia, 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 Arcadia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arcadia 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
$5,000,000
ML approach
$5,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.00M
Range $4.50M – $5.50M · ±10% · vs last sale $5.00M (Oct 7 2024)
Last sale anchor
$5.00M
Oct 7 2024
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
$2,621 / 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
$10,088
Tax year 2023
Assessed value
$627,070
Assessed 2023
Previous assessed
$627,070
+0.0% YoY
Effective rate
1.61%
On assessed value
Assessed land
$627,070
Land market value
$627,070
Total market value
$627,070
Applied tax rate
7.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1970
Heating
NONE
Total area
1,908 SF
Lot
1.37 ac (59,721 SF)
Zoning code
CG
APN
05-38-25-0000-0257-0000
UPID
US18-5158965
Jurisdiction
DE SOTO
Zoning & alternative use
CG · Arcadia, FL
Zoning CG · permitted uses
CG · Arcadia, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Arcadia. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Heating
NONE
Lot
1.37 ac
Current owner
From public records · entity-resolved
Driven Brands INC
Entity
Free & Clear · 1 yrs held
Mailing address
440 S CHURCH ST STE #700, CHARLOTTE, NC 28202-2059
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Oct 7, 2024
$5,000,000
Driven Brands INC
Boing Us Holdco INC
Special Warranty Deed
—
Jun 2, 2022
$767,500
Boing Holdco INC
Penn Arcadia LLC
Special Warranty Deed
—
Jun 2, 2022
—
Penn Arcadia LLC
Penn Arcadia LLC
Intrafamily Transfer
related
—
Sep 17, 2014
—
Arcadia Properties LLC
Penn Arcadia LLC
Quit Claim Deed
—
May 14, 2013
$200,000
Penn Arcadia LLC
Cemex Const Materials Florida
Grant Deed
—
Nov 14, 2008
—
Const Materials Florida Cemex
Cemex Const Materials Pacific
Quit Claim Deed
—
Nov 26, 1996
$146,700
Concrete Products Singeltary
Griffin Concrete INC
Grant Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2307 Hwy 70?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
