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Property profile & analytics
OFF-MARKET
Turn key restaurants
2850 Washington Ave, Titusville, FL 32780-5021
Entity Owned
5-yr Hold
Free & Clear
Property ID
US18-5308091
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,028 SF
Lot
0.44 ac (19,166 SF)
Zoning code
CC
APN
22-35-15-03-00002.0-0001.00
UPID
US18-5308091
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
-
Ice House Grill-Titusville Restaurant Take-out & Catering
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
Loughman Lk Lodge Hldgs LLC · 5 yrs held
Loughman Lk Lodge Hldgs LLC
since 2020
Last sale
$185,000
7 recorded transactions
Zoning & alternative use
CC · Titusville, 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 Titusville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Titusville 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
$5,325
Tax year 2023
Assessed value
$228,170
Assessed 2023
Previous assessed
$213,040
+7.1% YoY
Effective rate
2.33%
On assessed value
Assessed land
$85,270
Assessed improvement
$142,900
Land market value
$85,270
Improvement market value
$142,900
Total market value
$228,170
Applied tax rate
14.0000
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
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Total area
2,028 SF
Lot
0.44 ac (19,166 SF)
Zoning code
CC
APN
22-35-15-03-00002.0-0001.00
UPID
US18-5308091
Jurisdiction
BREVARD
Zoning & alternative use
CC · Titusville, FL
Zoning CC · permitted uses
CC · Titusville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Titusville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Lot
0.44 ac
Current owner
From public records · entity-resolved
Loughman Lk Lodge Hldgs LLC
Entity
Free & Clear · 5 yrs held
Mailing address
4061 CYPRESS BND, GENEVA, FL 32732-8932
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 23, 2020
—
Loughman Lk Lodge Hldgs LLC
Michelle A Mack
Quit Claim Deed
related
—
May 11, 2017
—
Freddy E Curtis
Curtis,timothy L & Freddy
Quit Claim Deed
related
—
Sep 23, 2013
—
Timothy L Curtis
Curtis,timothy L
Quit Claim Deed
related
—
Oct 18, 2011
$185,000
Timothy L Curtis
Union Fidelity Life Ins Co
Grant Deed
—
Feb 10, 2010
$410,000
Union Fidelity Life Ins Co
Premier Restaurant Mgmt Co
Grant Deed
—
Dec 29, 1999
$3,380,000
Premier Restaurant Management
Clark,patsy J
Grant Deed
$6,000,000 · Atherton Capital INC
—
—
Premier Restaurant Mgmt Co
—
Deed Of Trust
related
$1,725,000 · Union Fidelity Life Insurance
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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