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Property profile & analytics
OFF-MARKET
Estimated value
$1,415,000
Turn key restaurants
822 Seaway Dr, Fort Pierce, FL 34949-3187
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-5204387
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1947
Construction
CONCRETE BLOCKS
Total area
4,199 SF
Lot
0.51 ac (22,000 SF)
Zoning code
GENERAL &
APN
2402-133-0002-000-3
UPID
US18-5204387
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
-
Chuck's Seafood Restaurant Restaurant
-
Chuck's Famous Food Processing Plant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.42M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.42M
Owner & transaction history
Chucks Seafood Land Holdings LLC · 1 yrs held
Chucks Seafood Land Holdings LLC
since 2024
Last sale
$1.4M
3 recorded transactions
Zoning & alternative use
GENERAL & · Fort Pierce, 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 Fort Pierce submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Pierce 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
$1,415,000
ML approach
$1,415,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.42M
Range $1.27M – $1.56M · ±10% · vs last sale $1.42M (Oct 28 2024)
Last sale anchor
$1.42M
Oct 28 2024
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
$337 / 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
Assessed value
$1,738,400
Assessed 2023
Previous assessed
$1,166,331
+49.0% YoY
Assessed land
$1,056,000
Assessed improvement
$682,400
Land market value
$1,056,000
Improvement market value
$682,400
Total market value
$1,738,400
Applied tax rate
9,022.0000
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
1947
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Rooms
7
Bathrooms
1
Total area
4,199 SF
Lot
0.51 ac (22,000 SF)
Zoning code
GENERAL &
APN
2402-133-0002-000-3
UPID
US18-5204387
Jurisdiction
ST LUCIE
Zoning & alternative use
GENERAL & · Fort Pierce, FL
Zoning GENERAL & · permitted uses
GENERAL & · Fort Pierce, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Pierce. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1947
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
7
Bathrooms
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
Chucks Seafood Land Holdings LLC
Entity
Free & Clear · 1 yrs held
Mailing address
2300 VIRGINIA AVE, FORT PIERCE, FL 34982-5632
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 28, 2024
—
Chucks Seafood Land Holdings LLC
Peter G Angelos Holdings LLC
Quitclaim Deed
related
—
Oct 25, 2024
$1,415,000
Chucks Seafood Land Holdings LLC
St Lucie County
Deed
—
Oct 25, 2024
—
Peter G Angelos Holdings LLC
St Luice County
Quitclaim Deed
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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