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Property profile & analytics
OFF-MARKET
Estimated value
$1,850,000
Turn key restaurants
3883 Tamiami Trl Port Charlotte, FL 33952-9201
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-1687962
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1974
Construction
CONCRETE BLOCKS
Total area
5,776 SF
Lot
0.51 ac (22,072 SF)
Zoning code
CG COMMERCIAL-GENERAL
APN
40-22-23-360-001
UPID
US18-1687962
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
-
Luigi's Pizzeria of swfl Restaurant
-
West Florida Real Estate Investors Association Association Or Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.85M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.31M
Blend (final)
Blend
$1.85M
Owner & transaction history
Om 0119 LLC · 2 yrs held
Om 0119 LLC
since 2024
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
CG COMMERCIAL-GENERAL · Port Charlotte, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$2.2M
+10.8%
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 Port Charlotte submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Charlotte 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
$1,850,000
ML approach
$1,850,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,970,000
Current use
INDUSTRIAL (GENERAL)
$2,180,000
Change: +11% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,730,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$1.85M
Range $1.67M – $2.04M · ±10% · vs last sale $1.85M (May 8 2024)
Last sale anchor
$1.85M
May 8 2024
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
$320 / 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
$15,192
Tax year 2023
Assessed value
$594,461
Assessed 2023
Previous assessed
$594,461
+0.0% YoY
Effective rate
2.56%
On assessed value
Land market value
$275,900
Improvement market value
$269,769
Total market value
$545,669
Applied tax rate
104.0000
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
1974
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
YES
Buildings
1
Stories
1
Rooms
6
Bathrooms
4
Total area
5,776 SF
Lot
0.51 ac (22,072 SF)
Zoning code
CG COMMERCIAL-GENERAL
APN
40-22-23-360-001
UPID
US18-1687962
Jurisdiction
CHARLOTTE
Zoning & alternative use
CG COMMERCIAL-GENERAL · Port Charlotte, FL
Zoning CG COMMERCIAL-GENERAL · permitted uses
CG COMMERCIAL-GENERAL · Port Charlotte, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Port Charlotte. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$2.0M
INDUSTRIAL (GENERAL)
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$1.7M
RESTAURANT Current
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1974
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Rooms
6
Bathrooms
4
Lot
0.51 ac
Current owner
From public records · entity-resolved
Om 0119 LLC
Entity
Mailing address
3883 TAMIAMI TRL, PORT CHARLOTTE, FL 33952-9201
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
May 8, 2024
$1,850,000
Om 0119 LLC
3883 Tamiami Trail LLC
Warranty Deed
—
Jan 12, 2017
—
3883 Tamiami Trail LLC
Piedmont,edward C & Ellen F
Quit Claim Deed
related
—
Dec 7, 2016
—
Edward C Piedmont
Piedmont,edward C & Ellen
Quit Claim Deed
related
—
Dec 22, 2004
—
Edward Piedmont
Sgb INC
Quit Claim Deed
related
—
Oct 4, 2002
$500,000
S E B INC
Ernst Trust Fl LLC
Grant Deed
$400,000 · Suntrust Bank NA
Apr 20, 1999
$750,000
Ernst Trust
Ernst,robert & Beatrice
Grant Deed
related
—
—
—
Seb INC
—
Deed Of Trust
related
$193,500 · Us Small Business Admn
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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