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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Turn key restaurants
8421 Main St Bokeelia, FL 33922-1557
Entity Owned
26-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-0874357
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1945
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,715 SF
Lot
3.62 ac (157,774 SF)
Zoning code
C-2
APN
25-43-21-00-00007.0000
UPID
US18-0874357
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
-
Capt'n Con's Fish House Restaurant
-
Bokeelia Fishing Pier Fishing Pier Tourist Attraction
-
Capt Con's Boat Ramp Boat Ramp
-
Bokeelia Craft Co op (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$585k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$698k
Blend (final)
Blend
$640k
Owner & transaction history
Mobilehome Owners INC · 26 yrs held
Mobilehome Owners INC
since 1999
3 recorded transactions
Zoning & alternative use
C-2 · Bokeelia, 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 Bokeelia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bokeelia 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
by Request
ML approach
$585,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$640k
Range $576k – $704k · ±10%
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
$236 / 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
$60,051
Tax year 2023
Assessed value
$4,404,535
Assessed 2023
Previous assessed
$3,466,159
+27.1% YoY
Effective rate
1.36%
On assessed value
Assessed land
$2,983,928
Assessed improvement
$1,420,607
Land market value
$2,983,928
Improvement market value
$1,420,607
Total market value
$4,404,535
Applied tax rate
7.0000
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
1945
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
4
Stories
1
Bathrooms
2
Total area
2,715 SF
Lot
3.62 ac (157,774 SF)
Zoning code
C-2
APN
25-43-21-00-00007.0000
UPID
US18-0874357
Jurisdiction
LEE
Zoning & alternative use
C-2 · Bokeelia, FLZoning C-2 · permitted uses
C-2 · Bokeelia, 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
1945
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
4
Bathrooms
2
Lot
3.62 ac
Current owner
From public records · entity-resolved
Mobilehome Owners INC
Entity
Free & Clear · 26 yrs held
Mailing address
325 LOCUST GRV RD, WEST CHESTER, PA 19382-6725
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1999
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
Jan 8, 2013
—
High Pt Land Improvement Corp
—
Deed Of Trust
related
$7,250,000 · Bay Cities Bank
Sep 3, 1999
$681,428
Mobilehome Owners INC
Citta,james N & Bonnie M
Grant Deed
—
Jul 1, 1999
$1,850,000
Highpoint Tower Technology INC
Citta,james N & Bonnie M
Grant 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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