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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Turn key restaurants
2640 Us Hwy 27th S Sebring, FL 33870
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-9551334
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1945
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,399 SF
Lot
0.61 ac (26,659 SF)
Zoning code
MUQD
APN
S-32-34-29-070-0030-0530
UPID
US18-9551334
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
-
Sunset Grille Bar & Pub Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$695k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$659k
Blend (final)
Blend
$565k
Owner & transaction history
Gdn Foods INC · 2 yrs held
Gdn Foods INC
since 2023
Last sale
$489,000
7 recorded transactions
Zoning & alternative use
MUQD · Sebring, 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 Sebring submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sebring 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
$715,000
ML approach
$695,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$845,000
Current use
WAREHOUSE, STORAGE
$745,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$565k
Range $509k – $622k · ±10% · vs last sale $489k (Oct 4 2023)
Last sale anchor
$489k
Oct 4 2023
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
$166 / 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
$12,031
Tax year 2023
Assessed value
$596,037
Assessed 2023
Previous assessed
$552,886
+7.8% YoY
Effective rate
2.02%
On assessed value
Assessed land
$266,587
Assessed improvement
$329,450
Land market value
$266,587
Improvement market value
$329,450
Total market value
$596,037
Applied tax rate
20.0000
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
1945
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
3
Bathrooms
3
Total area
3,399 SF
Lot
0.61 ac (26,659 SF)
Zoning code
MUQD
APN
S-32-34-29-070-0030-0530
UPID
US18-9551334
Jurisdiction
HIGHLANDS
Zoning & alternative use
MUQD · Sebring, FL
Zoning MUQD · permitted uses
MUQD · Sebring, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sebring. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$845,000
WAREHOUSE, STORAGE
Est. value
$745,000
RESTAURANT Current
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1945
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
3
Bathrooms
3
Lot
0.61 ac
Current owner
From public records · entity-resolved
Gdn Foods INC
Entity
Free & Clear · 2 yrs held
Mailing address
2640 US HWY 27TH S, SEBRING, FL 33870
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 4, 2023
$489,000
Gdn Foods INC
Sunset Grille Holdings INC
Warranty Deed
—
Jun 24, 2020
—
Sunset Grille Holdings INC
—
Deed
related
$396,573 · Wauchula St Bk
Jun 22, 2017
—
Sunset Grille Holdings INC
—
Deed
related
$457,776 · Wauchula St Bk
Jun 9, 2005
$820,000
Sunset Grille Holdings INC
Michael A Tellschow
Warranty Deed
$615,000 · Wauchula State Bank
Jan 5, 2001
$271,000
Michael A Tellschow
Oros,joseph J & Helen R
Grant Deed
$253,500 · Seller
—
—
Sunset Grille Holdings INC
—
Loan Modification
related
$516,686 · Wauchula St Bk
—
—
Sunset Grille Holdings INC
—
Loan Modification
related
$396,573 · Wauchula St Bk
—
—
Sunset Grille Holdings INC
—
Loan Modification
related
$457,776 · Wauchula St Bk
—
—
Sunset Grille Holdings INC
—
Deed Of Trust
related
$520,054 · Wauchula State 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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