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Property profile

238 Us Hwy 98 Apalachicola, FL 32320

OFF-MARKET
Turn key restaurants
Property ID
US18-3547887
3,800 SF Built 2003
Last sale Aug 2025 · $540,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a restaurant facility with a large commercial kitchen featuring a walk-in cooler, walk-in freezer, commercial hood and line, dishwashing station, and dry storage. Customer seating is supported by a vaulted ceiling, and separate office and restroom areas are included to support day-to-day operations. The building is situated on a corner lot with access from US-98 and Chestnut Street, and it has paved parking. It includes approximately 100 feet of frontage along US-98, with an…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$314k
Assessed land$160k
Assessed improvement$154k
Effective rate1.48%

Value estimate

· Oct 2026
$255k
$230k – $281k
AI approach$255k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionFRANKLIN

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office9.8
Auto Repair Shop9.5
Electrical Service9.2

Location

238 Us Hwy 98 Apalachicola, FL 32320-1876
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
75 Commerce, Apalachicola, FL 32320-1740 $1,400,000 Jun 2022 4,500 SF
Napa, Apalachicola, FL 32320 $390,000 Sep 2021 3,717 SF
Apalachicola, FL 32320 $810,000 Jul 2021 3,746 SF
631 Us Hwy 98, Apalachicola, FL 32320-1242 $300,000 Feb 2021 4,190 SF
87 Market, Apalachicola, FL 32320-1752 $435,000 Jul 2020 3,712 SF
131 Commerce, Apalachicola, FL 32320-1717 $390,000 Aug 2019 4,536 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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