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Property profile & analytics
OFF-MARKET
Estimated value
$2,185,000
Drive through restaurants
803 10th E St Palmetto, FL 34221-4129
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-5302285
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2021
Construction
CONCRETE
Total area
2,224 SF
Lot
0.77 ac (33,350 SF)
Zoning code
PL_CG
APN
25809.0000-5
UPID
US18-5302285
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
-
Arby's Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.02M
Blend (final)
Blend
$2.19M
Owner & transaction history
Anthony & Dondon LLC · 4 yrs held
Anthony & Dondon LLC
since 2022
Last sale
$2.5M
5 recorded transactions
Zoning & alternative use
PL_CG · Palmetto, 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 Palmetto submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palmetto 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
$1,960,000
ML approach
$1,995,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.19M
Range $1.97M – $2.40M · ±10% · vs last sale $2.48M (Jul 28 2022)
Last sale anchor
$2.48M
Jul 28 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
$982 / 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
$16,253
Tax year 2023
Assessed value
$816,456
Assessed 2023
Previous assessed
$614,870
+32.8% YoY
Effective rate
1.99%
On assessed value
Assessed land
$198,411
Assessed improvement
$618,045
Land market value
$198,411
Improvement market value
$618,045
Total market value
$816,456
Applied tax rate
19.0000
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
2021
Construction
CONCRETE
Heating
NONE
Stories
1
Units
1
Total area
2,224 SF
Lot
0.77 ac (33,350 SF)
Zoning code
PL_CG
APN
25809.0000-5
UPID
US18-5302285
Jurisdiction
MANATEE
Zoning & alternative use
PL_CG · Palmetto, FLZoning PL_CG · permitted uses
PL_CG · Palmetto, 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
2021
Construction
CONCRETE
Heating
NONE
Stories
1
Units
1
Lot
0.77 ac
Current owner
From public records · entity-resolved
Anthony & Dondon LLC
Entity
Free & Clear · 4 yrs held
Mailing address
604 CRESTWOOD LN, HOLMES BEACH, FL 34217-1214
Ownership since
2022
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
Jul 28, 2022
—
Anthony & Dondon LLC
Rb Palmetto LLC
Assignment Of Lease (leasehold Sale)
—
Jul 28, 2022
$2,475,000
Anthony & Dondon LLC
Rb Palmetto LLC
Special Warranty Deed
—
Dec 17, 2021
$2,222,222
Rb Palmetto LLC
Mrhg Palmetto LLC
Special Warranty Deed
—
Jul 29, 2021
$690,000
Mrhg Palmetto LLC
Jestany Investment Corporation
Special Warranty Deed
$517,500 · First National Bank Of Pasco
Apr 28, 2003
$300,000
Jestany Investment Corp
Thornton,gradie & Anita T
Grant Deed
$299,380 · Thornton Trust
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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