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Property profile & analytics
OFF-MARKET
Turn key restaurants
4325 Florida Ave Lakeland, FL 33813-1654
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-3066686
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1985
Total area
4,340 SF
Lot
0.85 ac (36,878 SF)
Zoning code
C-4
APN
232901000000021010
UPID
US18-3066686
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
-
Denny's Restaurant
-
The Meltdown Restaurant
-
The Burger Den Restaurant Take-out & Catering
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
Rremc Buildings LLC · 4 yrs held
Rremc Buildings LLC
since 2022
3 recorded transactions
Zoning & alternative use
C-4 · 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
—
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
$14,924
Tax year 2023
Assessed value
$818,632
Assessed 2023
Previous assessed
$818,916
0.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$341,131
Assessed improvement
$477,501
Land market value
$341,131
Improvement market value
$477,501
Total market value
$818,632
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
1985
Heating
NONE
Stories
1
Units
1
Total area
4,340 SF
Lot
0.85 ac (36,878 SF)
Zoning code
C-4
APN
232901000000021010
UPID
US18-3066686
Jurisdiction
POLK
Zoning & alternative use
C-4 · Lakeland, FL
Zoning C-4 · permitted uses
C-4 · 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
1985
Heating
NONE
Stories
1
Units
1
Lot
0.85 ac
Current owner
From public records · entity-resolved
Rremc Buildings LLC
Entity
Mailing address
1280 OLD CONGRESS AVE STE #107, WEST PALM BEACH, FL 33409-6377
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2022
—
Rremc Buildings LLC
Meyer Metz Restaurants LLC
Special Warranty Deed
$14,000,000 · Connectone Bank
Sep 16, 2019
$380,000
Meyer Metz Restaurants LLC
4325 South Florida Corp
Grant Deed
related
$14,500,000 · Cit Bk NA
—
—
4325 South Florida Corp
—
Deed Of Trust
related
$331,000 · Wachovia Bank NA
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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