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Property profile & analytics
OFF-MARKET
Estimated value
$880,000
Turn key restaurants
5811 Richey Dr Port Richey, FL 34668-6056
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US18-7406894
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2004
Total area
7,367 SF
Lot
0.67 ac (29,000 SF)
Zoning code
00C1
APN
29-25-16-0140-00000-0071
UPID
US18-7406894
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
-
Vesh Catering Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$990k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$637k
Blend (final)
Blend
$880k
Owner & transaction history
Vesh Holdings LLC · 6 yrs held
Vesh Holdings LLC
since 2020
Last sale
$800,000
6 recorded transactions
Zoning & alternative use
00C1 · Port Richey, 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 Port Richey submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Richey 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
$920,000
ML approach
$990,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$880k
Range $792k – $968k · ±10% · vs last sale $800k (May 7 2020)
Last sale anchor
$800k
May 7 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
$119 / 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
$14,687
Tax year 2023
Assessed value
$690,173
Assessed 2023
Previous assessed
$682,792
+1.1% YoY
Effective rate
2.13%
On assessed value
Assessed land
$189,600
Assessed improvement
$500,573
Land market value
$189,600
Improvement market value
$500,573
Total market value
$690,173
Applied tax rate
60.0000
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
2004
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Units
80
Bathrooms
2
Total area
7,367 SF
Lot
0.67 ac (29,000 SF)
Zoning code
00C1
APN
29-25-16-0140-00000-0071
UPID
US18-7406894
Jurisdiction
PASCO
Zoning & alternative use
00C1 · Port Richey, FLZoning 00C1 · permitted uses
00C1 · Port Richey, 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
2004
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
80
Bathrooms
2
Lot
0.67 ac
Current owner
From public records · entity-resolved
Vesh Holdings LLC
Entity
Mailing address
13823 10TH DR, HUDSON, FL 34669-1293
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 22, 2020
—
Vesh Holdings LLC
—
Deed
related
$428,444 · First Citrus Bk
May 7, 2020
$800,000
Vesh Holdings LLC
Gte Federal Credit Union
Special Warranty Deed
$428,444 · First Citrus Bank
Aug 13, 2018
$615,962
Gte Finl
Qh Venture LLC Coc
Trustees Deed
related
—
—
—
Qh Venture LLC
—
Loan Modification
related
$493,000 · Gte FCU
—
—
Qh Venture LLC
—
Deed Of Trust
related
$600,000 · Gte FCU
—
—
Vesh Holdings LLC
—
Deed Of Trust
related
$428,444 · First Citrus Bk
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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