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Property profile & analytics
OFF-MARKET
Turn key restaurants
7041 Us Hwy 19 New Port Richey, FL 34652-1636
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US19-0739180
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1983
Total area
5,310 SF
Lot
1.16 ac (50,533 SF)
Zoning code
000C
APN
32-25-16-0050-03700-0020
UPID
US19-0739180
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
Mount Sterling LLC · 11 yrs held
Mount Sterling LLC
since 2014
7 recorded transactions
Zoning & alternative use
000C · 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
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
$9,170
Tax year 2023
Assessed value
$349,885
Assessed 2023
Previous assessed
$294,409
+18.8% YoY
Effective rate
2.62%
On assessed value
Assessed land
$199,982
Assessed improvement
$149,903
Land market value
$199,982
Improvement market value
$149,903
Total market value
$349,885
Applied tax rate
60.0000
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
1983
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
210
Bathrooms
5
Total area
5,310 SF
Lot
1.16 ac (50,533 SF)
Zoning code
000C
APN
32-25-16-0050-03700-0020
UPID
US19-0739180
Jurisdiction
PASCO
Zoning & alternative use
000C · New Port Richey, FLZoning 000C · permitted uses
000C · 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
1983
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
210
Bathrooms
5
Lot
1.16 ac
Current owner
From public records · entity-resolved
Mount Sterling LLC
Entity
Mailing address
1815 JESSICA RD, CLEARWATER, FL 33765-1508
Ownership since
2014
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
Nov 20, 2014
—
Mount Sterling LLC
Legakis,theodore & Sydney
Grant Deed
—
Oct 22, 2014
$240,000
Sydney LLC
Bayview Ln Svcg LLC
Grant Deed
—
Jun 26, 2014
—
Bayview Ln Svcg LLC
Ana Npr LLC
Deed In Lieu Of Foreclosure
related
—
Feb 23, 2007
$775,000
Ana Npr LLC
Old Friend Ents INC
Warranty Deed
$455,000 · Interbay Funding LLC
Apr 7, 2004
$450,000
Old Friend Enterprises INC
Hayes,richard & Karen
Grant Deed
$450,000 · Old Harbor Bank
Jun 4, 1999
$375,000
Casablanca Enterprises INC
Galbreath Trust
Grant Deed
$279,377 · Nationsbank
—
—
Casablanca Enterprises INC
—
Deed Of Trust
related
$145,232 · Bank Of America
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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