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Property profile & analytics
OFF-MARKET
Turn key restaurants
603 State St Bunnell, FL 32110-6001
Individually Owned
1-yr Hold
Free & Clear
Property ID
US18-2983651
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1968
Construction
CONCRETE BLOCKS
Total area
3,088 SF
Lot
0.24 ac (10,498 SF)
Zoning code
B-1
APN
10-12-30-0850-01780-0100
UPID
US18-2983651
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
-
Fox Auto Center Inc Car Dealership
-
Thai and I Restaurant
-
Thai & I Restaurant
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
Anita Mosqueda · 1 yrs held
Anita Mosqueda
since 2025
Last sale
$395,000
5 recorded transactions
Zoning & alternative use
B-1 · Bunnell, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of this business commercial district is to guide and regulate commercial uses including personal and business services and general retail business. It is the intent of this district to allow a wide range of commercial uses, provide for a medium to high concentration of commercial activity, and ensure compatibility with the adjacent properties, an…
Zone name
Business District
General category
MIXED_USE
Zone area
454.39 ac
Source
Realmo
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 Bunnell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bunnell 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
$4,661
Tax year 2023
Assessed value
$237,141
Assessed 2023
Previous assessed
$201,182
+17.9% YoY
Effective rate
1.97%
On assessed value
Assessed land
$73,131
Assessed improvement
$164,010
Land market value
$73,131
Improvement market value
$164,010
Total market value
$237,141
Applied tax rate
14.0000
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
1968
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
YES
Stories
1
Units
1
Total area
3,088 SF
Lot
0.24 ac (10,498 SF)
Zoning code
B-1
APN
10-12-30-0850-01780-0100
UPID
US18-2983651
Jurisdiction
FLAGLER
Zoning & alternative use
B-1 · Bunnell, FLZoning B-1 · permitted uses
B-1 · Bunnell, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of this business commercial district is to guide and regulate commercial uses including personal and business services and general retail business. It is the intent of this district to allow a wide range of commercial uses, provide for a medium to high concentration of commercial activity, and ensure compatibility with the adjacent properties, and allow the potential for mixed use commercial and residential development. This district is compatible with the commercial and commercial high land use categories.
Zone name
Business District
General category
MIXED_USE
Zone area
454.39 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1968
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Anita Mosqueda
Individual
Free & Clear · 1 yrs held
Mailing address
17 BRADDOCK LN, PALM COAST, FL 32137-8767
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2025
—
Anita Mosqueda
Anita Mosqueda
Deed
related
—
Mar 31, 2022
$173,400
Anita Mosqueda
Anita Mosqueda
Warranty Deed
related
—
Jan 8, 2021
$395,000
Anita Mosqueda
Cardinal Enterprises INC
Warranty Deed
$330,000 · Joseph Bonasia Etux
Mar 6, 2018
$95,000
Fox Auto Center INC
Sinclair,james W & Nedra L
Warranty Deed
$75,000 · James W & Nedra L Sinclair
Nov 5, 2004
$325,000
Cardinal Ents INC
Hopfe,peter & Cynthia
Grant Deed
$271,680 · Peter & Cynthia Hopfe
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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