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Property profile & analytics
OFF-MARKET
Estimated value
$985,000
Turn key restaurants
801 Montrose St Clermont, FL 34711-2123
Trust Owned
2-yr Hold
Free & Clear
Property ID
US19-0057537
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1926
Construction
BRICK
Total area
7,258 SF
Lot
0.51 ac (22,350 SF)
APN
24-22-25-0100-091-00100
UPID
US19-0057537
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 Southern on 8th Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$985k
Owner & transaction history
801 West Montrose Street Land Trust · 2 yrs held
801 West Montrose Street Land Trust
since 2024
Last sale
$975,000
5 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 Clermont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clermont 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
$1,000,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$985k
Range $887k – $1.08M · ±10% · vs last sale $975k (Jan 12 2022)
Last sale anchor
$975k
Jan 12 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
$136 / 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
$21,123
Tax year 2023
Assessed value
$1,218,818
Assessed 2023
Previous assessed
$1,192,223
+2.2% YoY
Effective rate
1.73%
On assessed value
Land market value
$892,436
Improvement market value
$326,382
Total market value
$1,218,818
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
1926
Construction
BRICK
Heating
NONE
Cooling
CENTRAL
Stories
2
Units
4
Bathrooms
8
Total area
7,258 SF
Lot
0.51 ac (22,350 SF)
APN
24-22-25-0100-091-00100
UPID
US19-0057537
Jurisdiction
LAKE
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
1926
Construction
BRICK
Heating
NONE
Cooling
Yes
Stories
2
Units
4
Bathrooms
8
Lot
0.51 ac
Current owner
From public records · entity-resolved
801 West Montrose Street Land Trust
Trust
Free & Clear · 2 yrs held
Mailing address
801 E MONTROSE ST, CLERMONT, FL 34711-2692
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2024
$2,050,000
801 West Montrose Street Land Trust
Formason LLC
Warranty Deed
—
Jan 12, 2022
$975,000
Formason LLC
Alan J Pool
Warranty Deed
$1,100,000 · First Southern Bank
Jul 8, 2010
—
Alan J Pool
Butler,gary T Coc
Trustees Deed
related
—
Jun 23, 2010
—
Alan J Pool
Clerk Of Court Of Lake County
Trustees Deed
related
—
Feb 28, 2007
$1,000,000
Gary T Butler
Pool,alan J & Katherine R
Warranty Deed
$950,000 · Alan J & Katherine R Pool
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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