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Property profile & analytics
OFF-MARKET
Estimated value
$1,320,000
Turn key restaurants
75 Commerce St Apalachicola, FL 32320-1740
Entity Owned
~
Est. High Equity
Property ID
US19-0596679
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,500 SF
Lot
0.05 ac (2,360 SF)
APN
01-09S-08W-8330-00E1-0190
UPID
US19-0596679
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
-
The Owl Tap Room Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.26M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.32M
Owner & transaction history
Owltap LLC
Owltap LLC
since 2026
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
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 Apalachicola submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Apalachicola 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
$1,225,000
ML approach
$1,260,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.32M
Range $1.19M – $1.45M · ±10% · vs last sale $1.40M (Jun 3 2022)
Last sale anchor
$1.40M
Jun 3 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
$293 / 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
$14,118
Tax year 2023
Assessed value
$780,376
Assessed 2023
Previous assessed
$780,376
+0.0% YoY
Effective rate
1.81%
On assessed value
Assessed land
$105,000
Assessed improvement
$675,376
Land market value
$105,000
Improvement market value
$675,376
Total market value
$780,376
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Rooms
1
Bathrooms
3
Total area
4,500 SF
Lot
0.05 ac (2,360 SF)
APN
01-09S-08W-8330-00E1-0190
UPID
US19-0596679
Jurisdiction
FRANKLIN
Zoning & alternative use
Zoning · permitted uses
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
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
1
Bathrooms
3
Lot
0.05 ac
Current owner
From public records · entity-resolved
Owltap LLC
Entity
Mailing address
PO BOX 399, APALACHICOLA, FL 32329-0399
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2026
$1,800,000
Owltap LLC
Owl Cafe Holdings LLC
Warranty Deed
$1,725,000 · United Community Bank
Jun 3, 2022
$1,400,000
Owl Cafe Holdings LLC
Lamb Soup INC
Warranty Deed
$2,392,000 · Bayfirst National Bank
Feb 24, 2017
—
Lamb Soup INC
—
Deed
related
—
Oct 19, 2004
$850,000
Lamb Soup INC
Arnold,harry K & Linda M
Warranty Deed
$450,000 · Gulf St Cmnty Bk
Jan 31, 1997
$640,000
Sandra J Moses
Chapin,charles S
Grant Deed
$490,000 · Seller
—
—
Lamb Soup INC
—
Deed Of Trust
related
—
—
—
Lamb Soup INC
—
Deed Of Trust
related
—
—
—
Lamb Soup INC
—
Loan Modification
related
—
—
—
Lamb Soup INC
—
Loan Modification
related
—
—
—
Lamb Soup INC
—
Loan Modification
related
—
—
—
Lamb Soup INC
—
Loan Modification
related
—
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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