New search
Property profile & analytics
OFF-MARKET
Estimated value
$815,000
Bars & Pubs
4870 Us Hwy 441st SE, Okeechobee, FL 34974-2349
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-5256737
Property profile
Verified
Property type
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Year built
1960
Construction
WOOD
Total area
1,156 SF
Lot
0.43 ac (18,730 SF)
APN
1-31-37-36-0A00-00007-A000
UPID
US18-5256737
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
$940k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$815k
Owner & transaction history
Osprey Landing LLC · 1 yrs held
Osprey Landing LLC
since 2025
Last sale
$800,000
7 recorded transactions
Zoning & alternative use
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 Okeechobee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Okeechobee 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
$715,000
ML approach
$940,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$815k
Range $734k – $897k · ±10% · vs last sale $800k (Mar 18 2025)
Last sale anchor
$800k
Mar 18 2025
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
$705 / 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
$10,144
Tax year 2023
Assessed value
$662,045
Assessed 2023
Previous assessed
$532,142
+24.4% YoY
Effective rate
1.53%
On assessed value
Assessed land
$487,438
Assessed improvement
$174,607
Land market value
$487,438
Improvement market value
$174,607
Total market value
$662,045
Applied tax rate
30.0000
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
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Status
Off-Market
Year built
1960
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Units
2
Bathrooms
4
Total area
1,156 SF
Lot
0.43 ac (18,730 SF)
APN
1-31-37-36-0A00-00007-A000
UPID
US18-5256737
Jurisdiction
OKEECHOBEE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1960
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
2
Bathrooms
4
Lot
0.43 ac
Current owner
From public records · entity-resolved
Osprey Landing LLC
Entity
Free & Clear · 1 yrs held
Mailing address
2170 WALLINGFORD LOOP, MOUNT DORA, FL 32757-8503
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 18, 2025
$800,000
Osprey Landing LLC
Rc16634 LLC
Warranty Deed
—
Oct 6, 2023
—
Rc16634 LLC
—
Deed
related
$877,500 · Security First Bank Of North Dakota
Sep 26, 2023
—
Rc16634 LLC
—
Deed
related
$221,300 · Security First Bank Of North Dakota
May 6, 2022
$760,000
Rc16634 LLC
Jeffrey Kennedy Real Estate LLC
Warranty Deed
$494,000 · Security First Bank Of North Dakota
Nov 2, 2020
$400,000
Jeffrey Kennedy R & E LLC
Yannucci Investments LLC
Warranty Deed
—
Oct 21, 2020
—
Yannucci Investments LLC
Kevin L Schooley
Quit Claim Deed
related
—
Apr 3, 2014
$350,000
Yannucci Investments LLC
Butchs Fish Camp INC
Warranty Deed
$300,000 · Butch's Fish Camp INC
Dec 30, 2011
$303,900
Butchs Fish Camp INC
Schooley,kevin L & Deborah S
Warranty Deed
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4870 Us Hwy 441st SE?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
