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Property profile & analytics
OFF-MARKET
Estimated value
$2,950,000
Turn key restaurants
700 Washington St Orlando, FL 32801-2940
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-5034492
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1940
Total area
5,262 SF
Lot
0.16 ac (6,874 SF)
Zoning code
AC-N/T/SP
APN
25-22-29-2426-02-010
UPID
US18-5034492
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
-
Graffiti Junktion Corporate Office Corporate Office
-
Graffiti Junktion - Thornton Park Bar & Pub
-
Graffitti Junction Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.07M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.17M
Blend (final)
Blend
$2.95M
Owner & transaction history
700 East Washington LLC · 3 yrs held
700 East Washington LLC
since 2022
Last sale
$2.9M
5 recorded transactions
Zoning & alternative use
AC-N/T/SP · Orlando, 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 Orlando submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Orlando 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
$2,810,000
ML approach
$3,065,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$2,600,000
Current use
Blend value · Realmo final
$2.95M
Range $2.66M – $3.25M · ±10% · vs last sale $2.85M (Dec 1 2022)
Last sale anchor
$2.85M
Dec 1 2022
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
$561 / 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
$28,383
Tax year 2023
Assessed value
$1,549,762
Assessed 2023
Previous assessed
$1,031,071
+50.3% YoY
Effective rate
1.83%
On assessed value
Assessed land
$412,440
Assessed improvement
$1,137,322
Land market value
$412,440
Improvement market value
$1,137,322
Total market value
$1,549,762
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
1940
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Rooms
4
Total area
5,262 SF
Lot
0.16 ac (6,874 SF)
Zoning code
AC-N/T/SP
APN
25-22-29-2426-02-010
UPID
US18-5034492
Jurisdiction
ORANGE
Zoning & alternative use
AC-N/T/SP · Orlando, FL
Zoning AC-N/T/SP · permitted uses
AC-N/T/SP · Orlando, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Orlando. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$2.6M
RESTAURANT Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1940
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
4
Lot
0.16 ac
Current owner
From public records · entity-resolved
700 East Washington LLC
Entity
Mailing address
17 W PNE ST #2, ORLANDO, FL 32801-2611
Ownership since
2022
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
Dec 1, 2022
$2,850,000
700 East Washington LLC
North Summerlin LLC
Warranty Deed
$1,995,000 · Commerce Bank & Trust
Mar 16, 2007
$1,300,000
700/33 North Summerlin LLC
Balz-rampy Trust
Warranty Deed
$1,900,000 · Old Southern Bank
Mar 26, 1997
—
Balz Trust
Balz-rampy Trust
Quit Claim Deed
related
$226,300 · First Union Nat'l Bank Florida
—
—
Balz-rampy Trust
—
Deed Of Trust
related
$250,000 · Mdld Family Trust
—
—
700/33 North Summerlin LLC
—
Deed Of Trust
related
$250,000 · Old Southern 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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