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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Sports & entertainment properties
28280 Etumakee Way Clewiston, FL 33440-7657
Entity Owned
15-yr Hold
Property ID
US18-0519447
Property profile
Verified
Property type
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Year built
1984
Construction
WOOD FRAME
Total area
5,478 SF
Lot
268.78 ac (11,708,057 SF)
Zoning code
A-2
APN
1 34 46 06 A00 0002.0000
UPID
US18-0519447
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
-
Vitambi Springs Resort Campground & RV Park
-
Bongo Bar Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$550k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$550k
Owner & transaction history
Bazu LLC · 15 yrs held
Bazu LLC
since 2010
2 recorded transactions
Zoning & alternative use
A-2 · Clewiston, 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 Clewiston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clewiston 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
by Request
ML approach
$550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$770,000
Change: 0% · Conversion: Difficult
RESTAURANT
$635,000
Change: 0% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$635,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$635,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$510,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$360,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$550k
Range $495k – $605k · ±10%
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
$100 / 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
$30,798
Tax year 2023
Assessed value
$2,378,443
Assessed 2023
Previous assessed
$2,088,597
+13.9% YoY
Effective rate
1.29%
On assessed value
Assessed land
$523,410
Assessed improvement
$1,855,033
Land market value
$523,410
Improvement market value
$1,855,033
Total market value
$2,378,443
Applied tax rate
5.0000
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
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Status
Off-Market
Year built
1984
Construction
WOOD FRAME
Heating
NONE
Cooling
NONE
Buildings
17
Stories
1
Rooms
14
Bathrooms
2
Total area
5,478 SF
Lot
268.78 ac (11,708,057 SF)
Zoning code
A-2
APN
1 34 46 06 A00 0002.0000
UPID
US18-0519447
Jurisdiction
HENDRY
Zoning & alternative use
A-2 · Clewiston, FLZoning A-2 · permitted uses
A-2 · Clewiston, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$770,000
RESTAURANT
Est. value
$635,000
INDUSTRIAL (GENERAL)
Est. value
$635,000
RETAIL STORES
Est. value
$635,000
MEDICAL BUILDING
Est. value
$510,000
WAREHOUSE, STORAGE
Est. value
$360,000
OFFICE BUILDING
RESTAURANT
INDUSTRIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
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
1984
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
17
Rooms
14
Bathrooms
2
Lot
268.78 ac
Current owner
From public records · entity-resolved
Bazu LLC
Entity
Mailing address
PO BOX 100, CLEWISTON, FL 33440-0100
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 5, 2021
—
Bazu LLC
—
Deed
related
$500,000 · Christopher Moleske
Dec 6, 2010
$1,600,000
Bazu LLC
Eckerd Youth Alternatives INC
Grant Deed
$1,202,227 · Eckerd Youth Alternatives INC
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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