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Property profile & analytics
OFF-MARKET
Estimated value
$3,630,000
Turn key restaurants
3665 Washington Ave, Titusville, FL 32780-5738
Entity Owned
Free & Clear
Property ID
US18-2910403
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1985
Construction
WOOD
Total area
12,521 SF
Lot
9.36 ac (407,722 SF)
Zoning code
SMU
APN
22-35-15-78-00013.0-0006.00
UPID
US18-2910403
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
-
Shiloh's Steak & Seafood Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.09M
Blend (final)
Blend
$3.63M
Owner & transaction history
Srms 3 LLC
Srms 3 LLC
since 2026
Last sale
$3.9M
6 recorded transactions
Zoning & alternative use
SMU · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$4,255,000
Current use
Blend value · Realmo final
$3.63M
Range $3.27M – $3.99M · ±10% · vs last sale $3.90M (Feb 24 2026)
Last sale anchor
$3.90M
Feb 24 2026
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
$290 / 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
$24,831
Tax year 2023
Assessed value
$1,424,200
Assessed 2023
Previous assessed
$1,317,060
+8.1% YoY
Effective rate
1.74%
On assessed value
Assessed land
$331,610
Assessed improvement
$1,092,590
Land market value
$331,610
Improvement market value
$1,092,590
Total market value
$1,424,200
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
1985
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
2
Units
1
Total area
12,521 SF
Lot
9.36 ac (407,722 SF)
Zoning code
SMU
APN
22-35-15-78-00013.0-0006.00
UPID
US18-2910403
Jurisdiction
BREVARD
Zoning & alternative use
SMU · Titusville, FL
Zoning SMU · permitted uses
SMU · 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.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$4.3M
RESTAURANT Current
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
1985
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
2
Units
1
Lot
9.36 ac
Current owner
From public records · entity-resolved
Srms 3 LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 337, SCOTTSMOOR, FL 32775-0337
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2026
$3,900,000
Srms 3 LLC
Sanders Real Estate Holdings LLC
Warranty Deed
—
Apr 20, 2020
—
Sanders R & E Hldgs LLC
—
Deed
related
$150,000 · Holloway B S Trust (pt)
Feb 6, 2014
$1,219,900
Sanders R & E Holdings LLC
Salisbury Paul D Trust
Warranty Deed
$200,000 · Holloway B S Trust (pt)
—
—
Sanders R & E Hldgs LLC
—
Deed Of Trust
related
$150,000 · Holloway B S Trust (pt)
—
—
Sanders R & E Holdings LLC
—
Loan Modification
related
$2,100,000 · Community Cu/fl
—
—
Sanders R & E Holdings LLC
—
Deed Of Trust
related
$100,000 · Holloway B S Trust (pt)
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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