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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Turn key restaurants
6301 State Rd 54, New Port Richey, FL 34653-6008
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US19-0806432
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1988
Total area
11,356 SF
Lot
2.08 ac (90,634 SF)
Zoning code
00C1
APN
16-26-16-0010-05800-0050
UPID
US19-0806432
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
$435k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$990k
Blend (final)
Blend
$710k
Owner & transaction history
Bhuvi Holding LLC · 6 yrs held
Bhuvi Holding LLC
since 2020
7 recorded transactions
Zoning & alternative use
00C1 · New 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 New Port Richey submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New 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
by Request
ML approach
$435,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$710k
Range $639k – $781k · ±10%
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
$63 / 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
$13,237
Tax year 2023
Assessed value
$694,445
Assessed 2023
Previous assessed
$745,512
-6.8% YoY
Effective rate
1.91%
On assessed value
Assessed land
$419,134
Assessed improvement
$275,311
Land market value
$419,134
Improvement market value
$275,311
Total market value
$694,445
Applied tax rate
9,100.0000
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
1988
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Units
2988
Bathrooms
4
Total area
11,356 SF
Lot
2.08 ac (90,634 SF)
Zoning code
00C1
APN
16-26-16-0010-05800-0050
UPID
US19-0806432
Jurisdiction
PASCO
Zoning & alternative use
00C1 · New Port Richey, FL
Zoning 00C1 · permitted uses
00C1 · New Port Richey, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Port Richey. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
2988
Bathrooms
4
Lot
2.08 ac
Current owner
From public records · entity-resolved
Bhuvi Holding LLC
Entity
Mailing address
17812 SAINT LUCIA ISLE DR, TAMPA, FL 33647-2714
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2020
—
Bhuvi Holding LLC
Vinod Raxwal
Warranty Deed
—
Oct 23, 2019
$720,000
Vinod Raxwal
Pasquale De Santis
Warranty Deed
—
Apr 25, 2014
$900,000
Santis,de Family Trust
Silverton Financial Mgmt INC
Warranty Deed
—
Dec 9, 2009
$300,000
Silverton Financial Mgmt INC
Lennen,ralph A
Grant Deed
related
—
Feb 27, 2004
—
Ralph A Lennen
Lennen,linda A
Quit Claim Deed
related
—
Apr 17, 2003
$875,000
Ralph A Lennen
Family Steak Houses Of Florida
Grant Deed
—
—
—
Ralph A Lennen
—
Deed Of Trust
related
$300,000 · Silverton Fin'l Mangagement In
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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