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Property profile & analytics
OFF-MARKET
Estimated value
$1,940,000
Drive through restaurants
7415 State Rd 54 New Port Richey, FL 34653-6111
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-0252131
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1990
Total area
760 SF
Lot
0.68 ac (29,540 SF)
Zoning code
00C2
APN
15-26-16-0000-00100-0017
UPID
US18-0252131
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
-
Checkers Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.85M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.94M
Owner & transaction history
Elsa Company Holding LP · 1 yrs held
Elsa Company Holding LP
since 2025
Last sale
$1.9M
6 recorded transactions
Zoning & alternative use
00C2 · 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
$2,025,000
ML approach
$1,850,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.94M
Range $1.75M – $2.13M · ±10% · vs last sale $1.94M (Mar 23 2023)
Last sale anchor
$1.94M
Mar 23 2023
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
$2,553 / 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
$5,193
Tax year 2023
Assessed value
$275,156
Assessed 2023
Previous assessed
$279,053
-1.4% YoY
Effective rate
1.89%
On assessed value
Assessed land
$218,880
Assessed improvement
$56,276
Land market value
$218,880
Improvement market value
$56,276
Total market value
$275,156
Applied tax rate
9,100.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1990
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Units
77
Bathrooms
2
Total area
760 SF
Lot
0.68 ac (29,540 SF)
Zoning code
00C2
APN
15-26-16-0000-00100-0017
UPID
US18-0252131
Jurisdiction
PASCO
Zoning & alternative use
00C2 · New Port Richey, FLZoning 00C2 · permitted uses
00C2 · 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
1990
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
77
Bathrooms
2
Lot
0.68 ac
Current owner
From public records · entity-resolved
Elsa Company Holding LP
Entity
Mailing address
200 S BISCAYNE BLVD, MIAMI, FL 33131-2310
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 25, 2025
—
Elsa Company Holding LP
Chicky New Port LLC
Special Warranty Deed
—
Mar 23, 2023
$1,940,000
Chicky New Port LLC
Gerald Waldman
Special Warranty Deed
—
Dec 30, 2014
$1,465,000
Waldman,gerald Trust
Hazin,milia & Asia
Grant Deed
—
Jul 5, 2011
—
Checkers Drive-in Restaurants
—
Deed Of Trust
related
$5,032,319 · Wells Fargo Capital Finance
Sep 19, 2007
$1,220,828
Milia Hazin
Cnl Net Lease Funding 2003 LLC
Grant Deed
$793,537 · First Place Bank
Jul 5, 2006
$1,033,406
Cnl Net Lease Funding 2003 LLC
Checkers Drive In Restaurants INC
Special Warranty Deed
—
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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