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Property profile & analytics
OFF-MARKET
Estimated value
$2,735,000
Drive through restaurants
5406 Bruce B Downs Blvd Wesley Chapel, FL 33544-8616
Entity Owned
6-yr Hold
Free & Clear
Property ID
US18-3152237
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1998
Total area
2,660 SF
Lot
1.12 ac (48,681 SF)
Zoning code
00C2
APN
07-26-20-0000-00200-0020
UPID
US18-3152237
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
$3.15M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.12M
Blend (final)
Blend
$2.74M
Owner & transaction history
Blue Neptune Corp · 6 yrs held
Blue Neptune Corp
since 2020
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
00C2 · Wesley Chapel, 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 Wesley Chapel submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wesley Chapel 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
$3,075,000
ML approach
$3,150,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.74M
Range $2.46M – $3.01M · ±10% · vs last sale $2.67M (Jan 9 2020)
Last sale anchor
$2.67M
Jan 9 2020
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
$1,028 / 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
$16,403
Tax year 2023
Assessed value
$933,936
Assessed 2023
Previous assessed
$946,182
-1.3% YoY
Effective rate
1.76%
On assessed value
Assessed land
$718,290
Assessed improvement
$215,646
Land market value
$718,290
Improvement market value
$215,646
Total market value
$933,936
Applied tax rate
3,600.0000
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
1998
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Units
1231
Bathrooms
2
Total area
2,660 SF
Lot
1.12 ac (48,681 SF)
Zoning code
00C2
APN
07-26-20-0000-00200-0020
UPID
US18-3152237
Jurisdiction
PASCO
Zoning & alternative use
00C2 · Wesley Chapel, FLZoning 00C2 · permitted uses
00C2 · Wesley Chapel, FL
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
1998
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1231
Bathrooms
2
Lot
1.12 ac
Current owner
From public records · entity-resolved
Blue Neptune Corp
Entity
Free & Clear · 6 yrs held
Mailing address
3370 MARY ST, MIAMI, FL 33133-5215
Ownership since
2020
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
Jan 9, 2020
$2,670,000
Blue Neptune Corp
Cbc Seneca Corp
Grant Deed
—
Jun 21, 2016
—
Cbc Seneca Corp
—
Deed
related
$998,377 · Bankunited Fsb
Apr 29, 2016
$2,225,000
Cbc Seneca Corp
Sbm Associates INC
Grant Deed
$800,000 · Bankunited Fsb
Dec 28, 2006
$1,621,622
Sbm Associates INC
Dcr Real Estate III Sub I LLC
Special Warranty Deed
$450,000 · Wachovia Bank NA
Oct 9, 2006
$1,188,309
Dcr Real Estate III Sub I LLC
Guerrieri Management INC
Grant Deed
—
Jan 6, 2000
$1,400,000
Guerrieri Management INC
Tromble & Company Midstate INC
Grant Deed
$1,485,000 · Seller
—
—
Guerrieri Management INC
—
Deed Of Trust
related
$3,450,000 · Dcr Mortgage III Sub I LLC
—
—
Cbc Seneca Corp
—
Loan Modification
related
$998,377 · Bankunited Fsb
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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