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Property profile & analytics
OFF-MARKET
Estimated value
$280,000
Turn key restaurants
6809 Massachusetts Ave New Port Richey, FL 34653-2740
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US18-4386742
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1965
Total area
1,327 SF
Lot
0.15 ac (6,368 SF)
Zoning code
00C1
APN
33-25-16-0010-00000-0370
UPID
US18-4386742
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
-
Colombian Resturant Brisas Del Valle #2 Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$275k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$280k
Owner & transaction history
Brisas Del Valle Corp · 12 yrs held
Brisas Del Valle Corp
since 2013
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
$275,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$280k
Range $252k – $308k · ±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
$211 / 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
$1,052
Tax year 2023
Assessed value
$51,096
Assessed 2023
Previous assessed
$42,636
+19.8% YoY
Effective rate
2.06%
On assessed value
Assessed land
$29,294
Assessed improvement
$21,802
Land market value
$29,294
Improvement market value
$21,802
Total market value
$51,096
Applied tax rate
62.0000
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
1965
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
244
Bathrooms
2
Total area
1,327 SF
Lot
0.15 ac (6,368 SF)
Zoning code
00C1
APN
33-25-16-0010-00000-0370
UPID
US18-4386742
Jurisdiction
PASCO
Zoning & alternative use
00C1 · New Port Richey, FLZoning 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
Building & site characteristics
From public records
Year built
1965
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
244
Bathrooms
2
Lot
0.15 ac
Current owner
From public records · entity-resolved
Brisas Del Valle Corp
Entity
Mailing address
6809 MASSACHUSETTS AVE, NEW PORT RICHEY, FL 34653-2740
Ownership since
2013
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
Jul 24, 2019
—
Brisas Del Valle Corp
—
Deed
related
$100,875 · John R Truman
Oct 22, 2013
$97,500
Brisas Del Valle Corp
Bk Griffin Holdings LLC
Warranty Deed
$68,250 · Leonard H Marks
Mar 1, 2007
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
May 30, 2006
$350,000
Tony Yaman
Griffin Kathleen Trust
Warranty Deed
$245,000 · Equity One Financial
May 1, 2006
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
$245,000 · Equity One Financial
—
—
Griffin Trust
—
Deed Of Trust
related
$51,549 · First Kensington Bank
—
—
Brisas Del Valle Corp
—
Deed Of Trust
related
$100,875 · John R Truman
—
—
Griffin Kathleen Trust
—
Deed Of Trust
related
$39,158 · First Kensington Bank
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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