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Property profile & analytics
OFF-MARKET
Estimated value
$1,325,000
Turn key restaurants
429 Kennedy Blvd Eatonville, FL 32751-5341
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-0945490
Property summary
AI-generated overview
This exceptional 2,120 square foot retail or restaurant space in Maitland, Florida, presents a unique opportunity for discerning businesses. Located on N West St, this property boasts a prime location within the vibrant Maitland submarket of Orange County. The building, originally constructed in 1938, underwent a complete renovation in 2024, ensuring modern amenities and a fresh aesthetic. The space is currently entirely vacant and offers flexibility with its divisible nature, allowing for a minimum lease of 1,060 square feet, or the entire 2,120 square feet. The C-3 zoning provides a wide range of permitted uses. Ample parking is available both in front and behind the building, ensuring convenient access for customers and employees. A significant benefit for prospective tenants is the landlord's offer of tenant improvements (TI). The property's APN is 35-21-29-0000-00-044. This turnkey space is ready for immediate occupancy and represents an excellent investment opportunity in a thriving area. Don't miss this chance to establish your business in this beautifully renovated and conveniently located property.
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1938
Total area
2,120 SF
Lot
0.16 ac (6,896 SF)
Zoning code
C-3
APN
35-21-29-0000-00-044
UPID
US18-0945490
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
$1.33M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.33M
Owner & transaction history
Brishaun Enterprises Corporation · 2 yrs held
Brishaun Enterprises Corporation
since 2024
Last sale
$1.3M
6 recorded transactions
Zoning & alternative use
C-3 · Eatonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the C-3 general commercial district is to provide for the commercial development areas along major roads as recommended by the town comprehensive plan
Zone name
General Commercial District
General category
COMMERCIAL
Zone area
142.13 ac
Source
Realmo
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 Eatonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eatonville 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
$1,325,000
ML approach
$1,325,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,025,000
Current use
Blend value · Realmo final
$1.33M
Range $1.19M – $1.46M · ±10% · vs last sale $1.33M (Feb 2 2024)
Last sale anchor
$1.33M
Feb 2 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
$625 / 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
$2,884
Tax year 2023
Assessed value
$180,872
Assessed 2023
Previous assessed
$180,872
+0.0% YoY
Effective rate
1.59%
On assessed value
Assessed land
$68,960
Assessed improvement
$111,912
Land market value
$68,960
Improvement market value
$111,912
Total market value
$180,872
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
1938
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Rooms
2
Total area
2,120 SF
Lot
0.16 ac (6,896 SF)
Zoning code
C-3
APN
35-21-29-0000-00-044
UPID
US18-0945490
Jurisdiction
ORANGE
Zoning & alternative use
C-3 · Eatonville, FLZoning C-3 · permitted uses
C-3 · Eatonville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the C-3 general commercial district is to provide for the commercial development areas along major roads as recommended by the town comprehensive plan
Zone name
General Commercial District
General category
COMMERCIAL
Zone area
142.13 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$1.0M
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
1938
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
2
Lot
0.16 ac
Current owner
From public records · entity-resolved
Brishaun Enterprises Corporation
Entity
Free & Clear · 2 yrs held
Mailing address
7025 COUNTY RD 46TH STE #1071, LAKE MARY, FL 32746-4753
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2024
—
Brishaun Enterprises Corporation
—
Deed
related
$350,000 · Buy Low Sell High LLC
Apr 3, 2024
—
Sell High LLC
—
Deed
related
$250,000 · Brishaun Enterprises Corporation
Feb 2, 2024
$1,325,000
Brishaun Enterprises Corporation
Classic Home Developers LLC
Special Warranty Deed
—
Apr 27, 2005
$277,000
Eatonville Holdings INC
Smith,debbie
Grant Deed
related
$277,000 · Foreman Stephen F Trust
—
—
Eatonville Holdings INC
—
Loan Modification
related
$277,000 · Foreman Stephen F Trust (rt)
—
—
Eatonville Holdings INC
—
Loan Modification
related
$277,000 · Foreman Stephen F 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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