Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    10204 SE STATE ROAD 100 Starke, FL 32091

    View on Map
    Claim this Listing
    For Sale
    $360,000

    Restaurant - STARKE, FL

    Property size:
    1,500 SF
    Lot size:
    0.68 Acres
    Price / SF:
    $240/SF
    Added:
    Jul 22, 2025
    Days on Market:
    288
    Last Refresh:
    May 5 at 6:06 am

    Property Features for 10204 SE STATE ROAD 100

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    04463-0-00000
    Size
    1,500 SF
    Lot size
    0.68 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    1046

    Utilities

    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1971
    Building materials
    Block
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Perry Pursell
    Perry Pursell

    Listing agent Perry Pursell License #0518980

    Listing office COLDWELL BANKER M.M. PARRISH REALTORS 5830 NW 39 AVE, Gainesville, FL

    Listing date Jul 22, 2025

    MLS# GC532682 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Commercial Property on SR 100

    This fully updated commercial property is located in a desirable area and is suitable for commercial production, retail, or a combination of both. The concrete block building has been completely remodeled and features a new standing seam metal roof with gutters. A new, high-quality commercial septic system, a tankless gas water heater, and a new well pump with new water lines are installed. The property also includes a new water softener, and new sediment, carbon, and UV filtration. Two 3-ton, network-connected window AC units cool the kitchen and washroom. The interior has been upgraded with LED lighting, commercial slip-resistant quarry tile flooring, and pre-catalyzed USDA-approved epoxy paint. Currently functioning as a commercial kitchen, the property is equipped with a new hood exhaust system, a commercial range, and high-end refrigeration units. Situated on over 0.68 acres of land, the property offers ample space for parking, outdoor seating, and expansion. With over 250 feet of frontage on State Road 100, this turnkey property is an ideal location for various business ventures.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial kitchens

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Starke
    County
    Bradford
    State
    Florida
    Longitude
    -82.100991
    Latitude
    29.925528

    Nearby Similar for Sale

    • $237,900
      2,512 SF

      Starke Commercial Opportunity

      Two commercial properties on over 1/3 acre.
      715 N WALNUT Street, Starke, FL 32091
      View Details
    • $120,000
      1,581 SF

      Commercial Building in Downtown Starke

      Rezoned commercial building near downtown and Historic Call Street.
      226 S THOMPSON Street, Starke, FL 32091
      View Details
    • $300,000
      2,892 SF

      Starke Commercial Opportunity For Sale

      High-visibility commercial property with adaptable space in a high-traffic location.
      1605 N TEMPLE Avenue, Starke, FL 32091
      View Details
    • $898,000
      10,000 SF

      Starke Commercial Building For Sale

      10,000 SF commercial building with flexible space in Starke.
      1699 N TEMPLE Avenue, Starke, FL 32091
      View Details
    • $500,000
      7,633 SF

      Starke, FL Commercial Property

      Active boat manufacturing facility with industrial zoning on 4.5 acres.
      2856 NE 187TH Street, Starke, FL 32091
      View Details
    • $130,000
      2,185 SF

      Commercial Building in Downtown Starke

      Rezoned commercial building, ideal for office or rental property.
      224 S THOMPSON Street, Starke, FL 32091
      View Details
    • $1,100,000

      Highway Frontage Mixed-Use Development Land

      Mixed-use property on US Highway 301 with development potential.
      11782 SW 59TH AVENUE, STARKE, FL 32091
      View Details
    • $4,990,000
      3,850 SF

      Remodeled Gulf Gas Station Investment

      Fully remodeled gas station with a new 20-year NNN lease.
      800 S Walnut St, Starke, FL 32091
      View Details
    • $545,000
      1,200 SF

      Commercial Property with Mobile Office

      Commercial property featuring a mobile home office on almost 5 acres.
      17940 Highway 301, Starke, FL 32091
      View Details
    • $750,000

      Versatile Industrial Property For Sale

      Industrial property with multiple buildings, suitable for various uses.
      709 Alton Rd, Starke, FL 32091
      View Details
    • Contact for pricing
      15,952 SF

      Former Furniture Storefront in Starke

      15,952 SF former furniture store available for sale.
      14739 US-301, Starke, FL 32091
      View Details
    • $2,150,000
      2,700 SF

      Starke, FL Retail Investment Property

      Retail property in Starke, FL with long-term tenant.
      2540 Commercial Drive, Starke, FL 32091
      View Details

    FAQs

    What type of property is this?
    Commercial kitchen - Turnkey commercial property ideal for production, retail, or combination.
    Where is this commercial kitchen located?
    The property is located at 10204 SE STATE ROAD 100 Starke, FL.
    What is the asking price?
    The asking price for this property is $360,000.
    What are key features of this property?
    This property features: Turnkey commercial property ideal for production, retail, or both, with frontage on busy SR 100.; Fully updated with new standing seam metal roof, commercial septic system, tankless gas water heater, and well pump with filtration.; Equipped commercial kitchen features a new hood exhaust system, commercial range, and top‑of‑the‑line refrigeration units.
    (352) 335-4999
    We can help!
    Listing Contact
    Perry Pursell
    Perry Pursell
    Real Estate License ID: 0518980
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    10204 SE STATE ROAD 100, STARKE, FL 32091
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!