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Property profile & analytics
OFF-MARKET
Turn key restaurants
2838 Us Hwy 1st 1 Fort Pierce, FL 34982-6331
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US18-4656078
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1984
Construction
CONCRETE BLOCKS
Total area
3,003 SF
Lot
1 ac (43,560 SF)
Zoning code
GENERAL CO
APN
2422-314-0003-000-7
UPID
US18-4656078
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
Southtech Schools Holdings LLC
Southtech Schools Holdings LLC
since 2026
5 recorded transactions
Zoning & alternative use
GENERAL CO · Fort Pierce, 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 Fort Pierce submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Pierce 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
Assessed value
$550,700
Assessed 2023
Previous assessed
$550,700
+0.0% YoY
Assessed land
$367,600
Assessed improvement
$183,100
Land market value
$367,600
Improvement market value
$183,100
Total market value
$550,700
Applied tax rate
22.0000
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
1984
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Rooms
6
Bathrooms
1
Total area
3,003 SF
Lot
1 ac (43,560 SF)
Zoning code
GENERAL CO
APN
2422-314-0003-000-7
UPID
US18-4656078
Jurisdiction
ST LUCIE
Zoning & alternative use
GENERAL CO · Fort Pierce, FL
Zoning GENERAL CO · permitted uses
GENERAL CO · Fort Pierce, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Pierce. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
6
Bathrooms
1
Lot
1 ac
Current owner
From public records · entity-resolved
Southtech Schools Holdings LLC
Entity
Mailing address
2810 S US HWY 1ST 1, FORT PIERCE, FL 34982-6331
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
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
May 1, 2026
$17,000,000
Southtech Schools Holdings LLC
Synergy School Of Tomorrow INC
Special Warranty Deed
$13,600,000
Oct 14, 2019
$6,200,000
St James Christian Academy INC
Levin Don Trust
Grant Deed
—
Mar 20, 2014
$7,757,000
Alliance Ft Pierce LLC
Dhs Vc II LLC
Grant Deed
$5,817,750 · C1 Bk
Sep 11, 2012
$400,000
Dhs Vc II LLC
Brandenburg,henry L
Warranty Deed
$6,078,380 · Hancock Bank
Feb 13, 2002
$212,500
Henry L Brandenburg
Brandenburg,henry L
Grant Deed
related
$425,000 · Brandenburg Trust
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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