This single-tenant fee-simple restaurant property is located along Red Bug Lake Road and is approximately 1 mile from Oviedo Mall. The site is leased to a restaurant business that has operated at the location since 2014, and the property is configured for NNN-style single-tenant use. The location provides exposure along a major roadway measured at approximately 39,180 vehicles per day.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?

$31k

Tax billed · 2023

Assessed value$2.33M

Effective rate1.33%

Value estimate

· Nov 2026

$4.01M

$3.61M – $4.41M

Submarket $/SF estimate$4.53M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?

$662/SF

County average, outlier-cleaned · 66 recorded sales of this use type

Observed band · Q1–Q3$320 – $1,110

Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSEMINOLE

Location intelligence

Which uses thrive at this corner?

Best fit: Restaurant

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Restaurant23.7

Realty agency22.6

Law Firm18.9

7131 Red Bug Lk Rd Oviedo, FL 32765-8021

County assessor Recorded deeds · 5 transfers 6 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby

Address Sale price Sold Size

829 Eyrie, Oviedo, FL 32765-9582 $1,600,000 Jan 2025 5,260 SF

1065 Broadway St, Oviedo, FL 32765-7411 $537,200 Sep 2024 4,400 SF

5403 Deep Lk, Oviedo, FL 32765-5240 $3,300,000 Jan 2024 4,270 SF

3228 State Rd 426, Oviedo, FL 32765-8674 $12,242,800 Sep 2022 7,182 SF

3053 State Rd 426th, Oviedo, FL 32765-7885 $1,500,000 Jun 2022 6,000 SF

7123 Red Bug Lk, Oviedo, FL 32765-8021 $2,150,000 Feb 2022 6,328 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$1,600,000

5,689 SF

8275 Red Bug Lk Rd

RETAIL STORES (PERSONAL SERVICES)

8275 Red Bug Lk Rd, Oviedo, FL 32765-6859

View Details
Value Estimation
$3,580,000

5,338 SF

800 Oviedo Mall Blvd

RESTAURANT

800 Oviedo Mall Blvd, Oviedo, FL 32765-9348

View Details
Value Estimation
$2,885,000

4,100 SF

1700 Mitchell Hammock Rd

FINANCIAL BUILDING

1700 Mitchell Hammock Rd, Oviedo, FL 32765-9023

View Details
Value Estimation
$2,695,000

4,060 SF

1555 Mitchell Hammock Rd

FINANCIAL BUILDING

1555 Mitchell Hammock Rd, Oviedo, FL 32765-9161

View Details
Value Estimation
$3,160,000

3,807 SF

2849 Clayton Xing Way

DRIVE-THRU RESTAURANT, FAST FOOD

2849 Clayton Xing Way, Oviedo, FL 32765-3425

View Details
Value Estimation
$4,305,000

9,485 SF

312 Mitchell Hammock Rd

RESTAURANT

312 Mitchell Hammock Rd, Oviedo, FL 32765-7647

View Details

Similar Nearby for Sale

New

$1,420,890

4,143 SF

Retail Property on Aloma Avenue

4,143+ SF retail property on 1.13+ AC for sale.

3645 Aloma Avenue, Oviedo, FL 32765

View Details
New

$137,000

Conventional Restaurant

The property is reached from US-441 by way of Deep Lake Road.

5420 DEEP LAKE, Oviedo, FL 32765

View Details
$300,000

Established Latin Restaurant in Oviedo

Turnkey Latin restaurant with loyal clientele in prime Oviedo location.

000 W State Rd 426, Oviedo, FL 32765

View Details

Similar Nearby for Lease

$1,975/Mo

2,152 sqft

Storefront with Front Parking

Street-facing space includes private offices, reception, restroom, storage, HVAC, and natural light.

182 S Central Ave Unit 182, Oviedo, FL 32765

View Details
Contact for pricing
2,152 sqft

Storefront Space with Parking

Street-facing space offers private offices, storage, HVAC, and designated parking at the front of the property.

182-182 S Central Ave, Oviedo, FL 32765

View Details
New

$1,000/Mo

2,134 sqft

Retail Space

Retail suites are available across a range of configurations for lease.

5420 Deep Lake Rd, Oviedo, FL 32765

View Details
New

Contact for pricing
2,113 sqft

Signalized Intersection Retail Space

Four access points and monument signage support customer access at this Oviedo property.

1950 W State Road 426, Oviedo, FL 32765

View Details
New

Contact for pricing
2,100 sqft

Retail Shops with Monument Signage

Shop spaces available with monument signage along Aloma Ave at a signalized intersection.

3635 Aloma Ave, Oviedo, FL 32765

View Details
New

$7,800/Mo

18,736 sqft

Elevator-Served Storefront

The space includes central air and is located in a C-2-zoned property.

379 E BROADWAY STREET 1008-2, Oviedo, FL 32765

View Details

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7131 Red Bug Lk Rd Oviedo, FL 32765

Property summary