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Property profile & analytics
OFF-MARKET
Estimated value
$1,370,000
Turn key restaurants
3411 Florida Ave Lakeland, FL 33803-4755
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-4156695
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2016
Total area
8,636 SF
Lot
2.5 ac (108,813 SF)
Zoning code
C-2
APN
232836000000021060
UPID
US18-4156695
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
-
Cheddar's Scratch Kitchen Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.37M
Owner & transaction history
Golden Retail LLC · 1 yrs held
Golden Retail LLC
since 2025
7 recorded transactions
Zoning & alternative use
C-2 · Lakeland, 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 Lakeland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lakeland 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
$159 / 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
$48,093
Tax year 2023
Assessed value
$2,638,164
Assessed 2023
Previous assessed
$2,625,630
+0.5% YoY
Effective rate
1.82%
On assessed value
Assessed land
$1,197,009
Assessed improvement
$1,441,155
Land market value
$1,197,009
Improvement market value
$1,441,155
Total market value
$2,638,164
Applied tax rate
91,510.0000
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
2016
Heating
NONE
Stories
1
Units
1
Bathrooms
1
Total area
8,636 SF
Lot
2.5 ac (108,813 SF)
Zoning code
C-2
APN
232836000000021060
UPID
US18-4156695
Jurisdiction
POLK
Zoning & alternative use
C-2 · Lakeland, FL
Zoning C-2 · permitted uses
C-2 · Lakeland, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lakeland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2016
Heating
NONE
Stories
1
Units
1
Bathrooms
1
Lot
2.5 ac
Current owner
From public records · entity-resolved
Golden Retail LLC
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 6001, JOHNSON CITY, TN 37602-6001
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 28, 2025
$2,650,000
Golden Retail LLC
Qp Holdings II LLC
Special Warranty Deed
—
Oct 24, 2018
—
Qp Holdings II LLC
Quality Properties Gp
Quit Claim Deed
related
—
Aug 3, 2017
$2,870,000
Quality Propertiesgp
Bdg Florida Avenue LLC
Grant Deed
—
Mar 27, 2015
$1,111,429
Lakeland Balaji LLC
Bdg Florida Avenue LLC
Warranty Deed
—
Oct 31, 2013
$1,600,000
Bdg Florida Avenue LLC
Eagle Fl I Spe LLC
Grant Deed
$1,280,000 · Capital Rsrcs Of Florida LLC
Nov 29, 2011
$5,100
Eagle Fl I Spe LLC
Lakeland Hotel Invtrs Coc
Trustees Deed
—
Mar 7, 1997
$2,578,000
Lakeland Hotel Investors INC
Callen,robinson
Grant Deed
$3,900,000 · First Union Nat'l Bank No Caro
—
—
Lakeland Hotel Investors Ltd
—
Deed Of Trust
related
$3,500,000 · Citrus & Chemical 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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