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Property profile & analytics
OFF-MARKET
Estimated value
$960,000
Turn key restaurants
2531 8th St Homestead, FL 33033-5333
Entity Owned
3-yr Hold
Free & Clear
Property ID
US18-3247180
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2009
Construction
WOOD
Total area
6,087 SF
Lot
4.08 ac (177,752 SF)
Zoning code
6500:COMMERCIAL,CLASSIF
APN
10-7909-037-0040
UPID
US18-3247180
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
-
D'EFixing Glass Doors Roofing Company General Contractor
-
Restaurant de carne Restaurant
-
LongHorn Steakhouse Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$960k
Owner & transaction history
Ross Dress For Less INC · 3 yrs held
Ross Dress For Less INC
since 2023
5 recorded transactions
Zoning & alternative use
6500:COMMERCIAL,CLASSIF · Homestead, 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 Homestead submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Homestead 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
$158 / 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
$95,477
Tax year 2023
Assessed value
$5,542,000
Assessed 2023
Previous assessed
$5,542,000
+0.0% YoY
Effective rate
1.72%
On assessed value
Assessed land
$1,955,272
Assessed improvement
$3,586,728
Land market value
$1,955,272
Improvement market value
$3,586,728
Total market value
$5,542,000
Applied tax rate
1,000.0000
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
2009
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Buildings
2
Total area
6,087 SF
Lot
4.08 ac (177,752 SF)
Zoning code
6500:COMMERCIAL,CLASSIF
APN
10-7909-037-0040
UPID
US18-3247180
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6500:COMMERCIAL,CLASSIF · Homestead, FL
Zoning 6500:COMMERCIAL,CLASSIF · permitted uses
6500:COMMERCIAL,CLASSIF · Homestead, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Homestead. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2009
Construction
WOOD
Heating
NONE
Cooling
Yes
Buildings
2
Lot
4.08 ac
Current owner
From public records · entity-resolved
Ross Dress For Less INC
Entity
Free & Clear · 3 yrs held
Mailing address
5130 HACIENDA DR, DUBLIN, CA 94568-7579
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 6, 2023
—
Ross Dress For Less INC
Wrg Homestead LLC
Lease
—
Jun 6, 2019
$62,250,000
Homestead Pavilion Acquisition LLC
Rvt Homestead Pavilion LLC
Special Warranty Deed
$44,300,000 · Synovus Bank
Mar 20, 2019
—
Rvt Homestead Pavilion LLC
—
Loan Modification
related
$900,000,000 · Column Fin'l INC
Feb 20, 2018
—
Rvt Homestead Pavilion LLC
—
Grant Deed
related
$1,350,000,000 · Column Fin'l
Feb 13, 2018
—
Rvt Homestead Pavilion LLC
Ddr Homestead LLC
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.
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