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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Turn key restaurants
45 Ave D D Apalachicola, FL 32320-1882
Individually Owned
Free & Clear
Property ID
US18-6165981
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,030 SF
Lot
0.49 ac (21,378 SF)
APN
01-09S-08W-8330-0002-0070
UPID
US18-6165981
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
$310k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$699k
Blend (final)
Blend
$505k
Owner & transaction history
Matthew August Gabor JR
Matthew August Gabor JR
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$815,000
+21.3%
Office building
$790,000
+17.2%
Retail stores
$755,000
+12.4%
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 Apalachicola submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Apalachicola 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
$310,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$675,000
Current use
WAREHOUSE, STORAGE
$815,000
Change: +21% · Conversion: Difficult
OFFICE BUILDING
$790,000
Change: +17% · Conversion: Moderate
RETAIL STORES
$755,000
Change: +12% · Conversion: Easy
Blend value · Realmo final
$505k
Range $455k – $556k · ±10%
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
$72 / 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
$11,996
Tax year 2023
Assessed value
$663,035
Assessed 2023
Previous assessed
$362,137
+83.1% YoY
Effective rate
1.81%
On assessed value
Assessed land
$294,000
Assessed improvement
$369,035
Land market value
$294,000
Improvement market value
$369,035
Total market value
$663,035
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Rooms
3
Bathrooms
2
Total area
7,030 SF
Lot
0.49 ac (21,378 SF)
APN
01-09S-08W-8330-0002-0070
UPID
US18-6165981
Jurisdiction
FRANKLIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$675,000
WAREHOUSE, STORAGE
Est. value
$815,000
OFFICE BUILDING
Est. value
$790,000
RETAIL STORES
Est. value
$755,000
RESTAURANT Current
WAREHOUSE, STORAGE
OFFICE BUILDING
RETAIL STORES
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
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Rooms
3
Bathrooms
2
Lot
0.49 ac
Current owner
From public records · entity-resolved
Matthew August Gabor JR
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 221, APALACHICOLA, FL 32329-0221
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
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2025
—
Matthew August Gabor JR
Karla Ambos
Personal Rep. Deed
—
Jul 18, 2024
—
White Sands Investment Partners LLC
—
Deed
related
$6,200,000 · Walton Funding LLC
Dec 2, 2022
—
Gibson Inn LLC
—
Deed
related
$4,128,906 · First National Bank Northwest Florida
Apr 9, 2021
$600,000
Buck House LLC
Harry K Arnold
Warranty Deed
—
Jun 11, 2019
—
Arnold,harry K Trust
—
Deed
related
$278,800 · Centennial Bk
Feb 18, 2019
$352,000
Harry,k Arnold Trust
Bar,papa J O Coc
Trustees Deed
related
—
Jun 1, 2018
—
Papa Joes Oyster Bar & Grill
—
Deed
related
$65,000 · Itria Ventures LLC
Aug 1, 2016
—
Papa Joes Oyster Bar & Grill
—
Deed
related
—
May 19, 2016
—
Papa Joes Oyster Bar & Grill
—
Deed
related
—
May 5, 2016
—
Papa Joes Oyster Bar & Grill
—
Deed
related
—
Oct 15, 2015
—
Arnold,harry K Trust
Arnold,harry K
Quit Claim Deed
related
—
Apr 23, 2015
—
William K Sanders
Sanders Barbara
Quit Claim Deed
related
—
Dec 16, 2014
—
Papa Joes Oyster Bar & Grill
—
Trustees Deed
related
$30,000 · Centennial Bk
Dec 30, 2013
$410,000
Joes Oyster Bar Papa
Arnold,harry K
Warranty Deed
$359,100 · Centennial Bank
Apr 15, 2008
—
Harry K Arnold
Lanier Pharmacy INC
Corporation Deed
$700,000 · Coastal Community Bank
Aug 9, 2007
$41,000
Sanders,barbara
Lanier Pharmacy INC
Warranty Deed
—
—
—
Arnold,harry K Trust
—
Deed Of Trust
related
$278,800 · Centennial Bk
—
—
Papa Joes Oyster Bar & Grill
—
Loan Modification
related
—
—
—
Papa Joes Oyster Bar & Grill
—
Loan Modification
related
—
—
—
Papa Joes Oyster Bar & Grill
—
Loan Modification
related
—
—
—
Papa Joes Oyster Bar & Grill
—
Deed Of Trust
related
$65,000 · Itria Ventures LLC
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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