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    Property profile & analytics

    7131 Red Bug Lk Rd Oviedo, FL 32765-8021

    • Turn key restaurants
    • 5,700 SF
    • 1.79 lot acres
    OFF-MARKET
    Value Estimation
    $3,920,000
    Last Sale
    Jan 29, 2020
    $3,447,500
    Location Intelligence
    Property ID
    US18-6853261
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Premium Papers / After School Program / Life Coach
    • Rock & Brews / Sports Bar / American Restaurant

    Property Details for 7131 Red Bug Lk Rd

    Year built
    2014
    Construction
    CONCRETE BLOCKS
    Lot size
    1.79 lot acres
    Property size
    5,700 SF
    Property type
    Turn key restaurants
    APN
    19-21-31-514-0000-0030
    APU
    19213151400000030

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,010,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,700,000
      6.5%
      $3,750,000
      7%
      $3,250,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,900,000
      Geo Method
      $3,530,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,385,000
      Retail
      $2,845,000
      Mixed-Use
      $3,785,000
      Hospitality
      $3,630,000
      Educational
      $3,565,000
      Residential Income
      $3,875,000
      Energy
      $3,210,000
      Income-Based Land
      $3,765,000
      Food Service
      $3,980,000

    Location Insight

    • Map
    • Local Demand
    City
    Oviedo
    County
    Seminole
    State
    Florida
    Longitude
    -81.248
    Latitude
    28.6473
    CBSA code
    36740
    CBSA name
    ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $30,959
    $0.00
    $0.00
    $2,326,314
    -
    $1,250,240
    $1,076,074
    $2,326,314

    Comparable in this City

    • Value Estimation by Request
      325 SF

      298 Geneva Dr

      RESTAURANT • 325 SF
      298 Geneva Dr, Oviedo, FL 32765-7887
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      3,683 SF

      352 Mike Roberto Way

      RESTAURANT • 3,683 SF
      352 Mike Roberto Way, Oviedo, FL 32765-4804
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    • Value Estimation by Request
      7,777 SF

      8285 Red Bug Lk Rd

      RESTAURANT • 7,777 SF
      8285 Red Bug Lk Rd, Oviedo, FL 32765-6859
      View Details
    • Value Estimation
      $2,190,000
      6,328 SF

      7123 Red Bug Lk Rd

      RESTAURANT • 6,328 SF
      7123 Red Bug Lk Rd, Oviedo, FL 32765-8021
      View Details
    • Value Estimation by Request
      7,296 SF

      2859 Clayton Xing Way

      RESTAURANT • 7,296 SF
      2859 Clayton Xing Way, Oviedo, FL 32765-3425
      View Details
    • Value Estimation by Request
      4,800 SF

      199 Mitchell Hammock Rd

      RESTAURANT • 4,800 SF
      199 Mitchell Hammock Rd, Oviedo, FL 32765-4700
      View Details

    Similar Nearby for Sale

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      Turnkey Latin restaurant with loyal clientele in prime Oviedo location.
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      Oviedo Convenience Store & Gas

      Established gas station and convenience store in Oviedo, Florida.
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    Similar Nearby for Lease

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      Oviedo on the Park Commercial Space

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      10,000 SF

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      6,500 SF

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      Up to 6,500 SF retail/office/medical space for lease.
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      1,200 SF

      Retail Space on Aloma Avenue

      Retail spaces available with monument signage on Aloma Ave.
      5414 Deep Lake Rd, Oviedo, FL 32765
      View Details
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    Oviedo, FL 32765-8021
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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