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Property profile & analytics
OFF-MARKET
Turn key restaurants
2672 Palm Bay NE Rd, Palm Bay, FL 32905-3524
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-4104646
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,960 SF
Lot
0.5 ac (21,780 SF)
Zoning code
HC
APN
28-37-23-75-0000A.0-0004.00
UPID
US18-4104646
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Donut Palace LLC · 1 yrs held
Donut Palace LLC
since 2024
Last sale
$380,500
5 recorded transactions
Zoning & alternative use
HC · Palm Bay, 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 Palm Bay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm Bay 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
—
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
$3,295
Tax year 2023
Assessed value
$178,210
Assessed 2023
Previous assessed
$176,660
+0.9% YoY
Effective rate
1.85%
On assessed value
Assessed land
$83,990
Assessed improvement
$94,220
Land market value
$83,990
Improvement market value
$94,220
Total market value
$178,210
Applied tax rate
34.0000
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
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Total area
1,960 SF
Lot
0.5 ac (21,780 SF)
Zoning code
HC
APN
28-37-23-75-0000A.0-0004.00
UPID
US18-4104646
Jurisdiction
BREVARD
Zoning & alternative use
HC · Palm Bay, FL
Zoning HC · permitted uses
HC · Palm Bay, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palm Bay. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Lot
0.5 ac
Current owner
From public records · entity-resolved
Donut Palace LLC
Entity
Mailing address
410 EAGLE DR NE, SATELLITE BEACH, FL 32937-3710
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 8, 2024
$380,500
Donut Palace LLC
Pjj INC
Warranty Deed
$170,000 · Ga Funding Company INC
Dec 26, 2019
$275,000
Pjj INC
Pepper Pree Sandwich Shoppe INC
Warranty Deed
$318,000 · Bankunited NA
Jan 13, 2016
$170,000
Pepper Tree Sandwich Shoppe INC
Corams Steak & Cakes INC
Warranty Deed
$250,000 · Jpmorgan Chase Bank NA
Sep 1, 2005
$375,000
Corams Steak & Cakes INC
Mohammed Farooh
Warranty Deed
$250,000 · Washington Mutual Bank Fa
—
—
Mohammed Farooh
—
Deed Of Trust
related
$80,000 · Prime Bank Central Florida
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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