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Property profile & analytics
OFF-MARKET
Turn key restaurants
6521 Deland Ave Lake Wales, FL 33898
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US18-5149339
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1988
Total area
3,721 SF
Lot
0.68 ac (29,738 SF)
Zoning code
PUD
APN
303104994100031915
UPID
US18-5149339
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Paul F Savich Real Estate LLC · 6 yrs held
Paul F Savich Real Estate LLC
since 2020
Last sale
$44,000
6 recorded transactions
Zoning & alternative use
PUD · Lake Wales, 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 Lake Wales submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Wales 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
$3,042
Tax year 2023
Assessed value
$112,249
Assessed 2023
Previous assessed
$111,585
+0.6% YoY
Effective rate
2.71%
On assessed value
Assessed land
$16,356
Assessed improvement
$95,893
Land market value
$16,356
Improvement market value
$95,893
Total market value
$112,249
Applied tax rate
30,000.0000
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
NONE
Stories
1
Units
1
Total area
3,721 SF
Lot
0.68 ac (29,738 SF)
Zoning code
PUD
APN
303104994100031915
UPID
US18-5149339
Jurisdiction
POLK
Zoning & alternative use
PUD · Lake Wales, FL
Zoning PUD · permitted uses
PUD · Lake Wales, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lake Wales. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Heating
NONE
Stories
1
Units
1
Lot
0.68 ac
Current owner
From public records · entity-resolved
Paul F Savich Real Estate LLC
Entity
Mailing address
12632 S US HWY 41, GIBSONTON, FL 33534-5812
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
May 26, 2020
—
Paul F Savich Real Estate LLC
Savich Maggie M Trust
Quit Claim Deed
related
—
Apr 17, 2018
$44,000
Savich,maggie M Trust
M & J Lands LLC
Grant Deed
—
Aug 23, 2017
$90,000
Savich,maggie M Trust
At Your Service Eats LLC
Warranty Deed
—
Aug 20, 2014
$91,495
At Your Service Eats LLC
Allen,eugene & Pauline
Warranty Deed
$91,548 · Citizens Bk
Jan 27, 2009
—
Eugene Allen
—
Trustees Deed
related
$50,258 · Citizens Bank & Trust Co
—
—
Eugene Allen
—
Deed Of Trust
related
$101,916 · Citizens Bank & Trust Co
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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