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Property profile & analytics
OFF-MARKET
Drive through restaurants
4541 Hwy 90 Pace, FL 32571-2043
Entity Owned
6-yr Hold
Free & Clear
Property ID
US18-6988288
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2019
Construction
WOOD
Total area
2,295 SF
Lot
1.17 ac (51,009 SF)
Zoning code
HCD
APN
15-1N-29-0000-00400-0000
UPID
US18-6988288
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Apple & Apple LLC · 6 yrs held
Apple & Apple LLC
since 2019
7 recorded transactions
Zoning & alternative use
HCD · Pace, 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 Pace submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pace 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
$9,701
Tax year 2023
Assessed value
$803,093
Assessed 2023
Previous assessed
$761,637
+5.4% YoY
Effective rate
1.21%
On assessed value
Assessed land
$359,700
Assessed improvement
$443,393
Land market value
$359,700
Improvement market value
$443,393
Total market value
$803,093
Applied tax rate
22.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2019
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
3
Bathrooms
2
Total area
2,295 SF
Lot
1.17 ac (51,009 SF)
Zoning code
HCD
APN
15-1N-29-0000-00400-0000
UPID
US18-6988288
Jurisdiction
SANTA ROSA
Zoning & alternative use
HCD · Pace, FL
Zoning HCD · permitted uses
HCD · Pace, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pace. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2019
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
3
Bathrooms
2
Lot
1.17 ac
Current owner
From public records · entity-resolved
Apple & Apple LLC
Entity
Free & Clear · 6 yrs held
Mailing address
253 STATE ST, MOBILE, AL 36603-6473
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2019
$2,505,000
Apple & Apple LLC
Vre Pace LLC
Special Warranty Deed
—
Sep 24, 2018
$465,000
Vre Pace LLC
Gene Cook R/e Invs INC
Warranty Deed
$1,500,000 · Equity Bk
Jul 18, 2018
—
Gene Cook R & E Invs INC
Cook,david E
Quit Claim Deed
related
—
Jul 25, 2014
—
William E Cook
Cook,william E
Quit Claim Deed
related
—
Nov 27, 2012
$106,800
William E Cook
Murphy Living Trust
Quit Claim Deed
related
$71,190 · Murphy Living Trust (pt)
Mar 29, 2011
$50,000
David E Cook
Cook,william E
Warranty Deed
related
—
Jun 11, 2007
—
Murphy Living Trust
Murphy,robert H
Quit Claim Deed
related
—
Mar 26, 2004
$450,000
William E Cook
Patrick,linda A
Grant Deed
$382,500 · First National Bank Florida
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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