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Property profile & analytics
OFF-MARKET
Turn key restaurants
3192 Shl Line Blvd Hernando Beach, FL 34607-3433
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-0950262
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1978
Construction
CONCRETE
Total area
2,041 SF
Lot
0.81 ac (35,142 SF)
APN
R12-223-16-2050-1040-0090
UPID
US18-0950262
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
William H Wyant IV · 2 yrs held
William H Wyant IV
since 2023
Last sale
$390,000
7 recorded transactions
Zoning & alternative use
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 Hernando Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hernando Beach 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 2022Property tax & assessments
Tax year 2022
Tax billed
$6,177
Tax year 2022
Assessed value
$394,120
Assessed 2023
Previous assessed
$386,297
+2.0% YoY
Effective rate
1.57%
On assessed value
Assessed land
$255,872
Assessed improvement
$138,248
Land market value
$260,225
Improvement market value
$164,038
Total market value
$424,263
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1978
Construction
CONCRETE
Heating
YES
Cooling
YES
Stories
1
Rooms
1
Bathrooms
3
Total area
2,041 SF
Lot
0.81 ac (35,142 SF)
APN
R12-223-16-2050-1040-0090
UPID
US18-0950262
Jurisdiction
HERNANDO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1978
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
1
Rooms
1
Bathrooms
3
Lot
0.81 ac
Current owner
From public records · entity-resolved
William H Wyant IV
Individual
Mailing address
610 GOLDSMITH RD, BROOKSVILLE, FL 34602
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 24, 2023
$390,000
William H Wyant IV
Team Hart LLC
Special Warranty Deed
$200,000 · Team Hart LLC
May 1, 2020
$350,000
Team Hart LLC
Berkstresser Family Trust
Warranty Deed
$280,000 · Berkstresser Family Trust (ct)
Sep 14, 2017
—
Robert G Berkstresser
Berkstresser,robert G & Alona K
Quit Claim Deed
related
—
Apr 3, 2013
$265,000
Robert G Berkstresser
Brannen Bank
Warranty Deed
$190,000 · Brannen Bank
Apr 3, 2013
$190,000
Bk Brannen
Berkstresse Family Trust
Grant Deed
related
—
Sep 18, 2012
$92,000
Bk Brannen
Mceachern,thomas A & Karen
Quit Claim Deed
related
—
Mar 24, 2005
—
Thomas A Mceachern III
—
Trustees Deed
related
$200,000 · Hernando County Bank
Mar 29, 2001
$145,000
Thomas A Mceachern
Glonek,mary K
Grant Deed
$101,500 · Hernando County Bank
—
—
Thomas A Mceachern III
—
Deed Of Trust
related
$289,999 · Brannen Bank
—
—
Thomas A Mceachern III
—
Deed Of Trust
related
$330,000 · Hernando County Bank
—
—
Thomas A Mceachern
—
Deed Of Trust
related
$254,794 · Brannen 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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