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    Brandon Restaurant Opportunity on Highway 60 Title is generated by Realmo AI

    706 E BRANDON BOULEVARD, Brandon, FL 33511

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    For Sale
    $5,499,000

    Restaurant - BRANDON, FL

    Property size:
    10,130 SF
    Lot size:
    0.84 Acres
    Price / SF:
    $542/SF
    Added:
    Dec 5, 2025
    Days on Market:
    183
    Last Refresh:
    Jun 6 at 10:06 am

    Property Features for 706 E BRANDON BOULEVARD

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    CG
    Security features
    Security System
    Exterior features
    Paved
    Standard status
    Active
    APN
    U-23-29-20-ZZZ-000002-58800.0
    Size
    10,130 SF
    Lot size
    0.84 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    11248

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1982
    Building materials
    Block, Stucco
    Roof type
    Built-Up
    Architectural style
    Other

    We can help!

    Listing Contact
    Michael Ginty
    Michael Ginty

    Listing agent Michael Ginty License #653815

    Listing office RE/MAX REALTY UNLIMITED 2020 W. Brandon Blvd,STE 145, Brandon, FL

    Listing date Dec 5, 2025

    MLS# TB8453246 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.

    HighLights

    • Two adjoining restaurant properties included in price, not sold separately
    • Prime location on Brandon Boulevard (Highway 60) with high visibility
    • Turn‑key operation: includes all furniture, fixtures, and equipment
    • Large capacity: seating for approximately 180 patrons
    • Full liquor license: serves beer, wine, and liquor
    • Spacious layout: includes kitchen, two dining rooms (one with bar), and large outdoor seating area

    Overview

    Two adjoining restaurant properties are available for purchase. The property includes an adjacent restaurant located at 704 E Brandon Blvd. This Brandon casual dining establishment has frontage on Brandon Boulevard (Highway 60) in the heart of Brandon. The location measures over 0.8 acres. The property is available with all owned furniture, fixtures, and equipment. The gross square footage of the building is 6,838, including a kitchen, 2 dining rooms (one with a bar), and an outdoor seating area. The heated square footage is 5,240. It features a large asphalt parking lot with easy access. The location is across the street from Nativity Catholic Church’s campus on Highway 60. The current common owner shares a parking lot with the property to the west, providing direct access via Ridgewood Ave and a lighted intersection at Ridgewood and Highway 60. Seating is available for approximately 180 patrons. The establishment serves beer, wine, and liquor and is open 7 days per week, featuring Mexican cuisine. The property is currently owner-occupied and will only be conveyed with the property located at 704 East Brandon Boulevard. The properties are not available separately.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sabor A Mexico Restaurant

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Building Supply Nail Salon Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Brandon
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.274557
    Latitude
    27.938341

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    FAQs

    What type of property is this?
    Conventional restaurant - Two adjoining restaurants on 0.8 acres in the heart of Brandon.
    Where is this conventional restaurant located?
    The property is located at 706 E BRANDON BOULEVARD Brandon, FL.
    What is the asking price?
    The asking price for this property is $5,499,000.
    What are key features of this property?
    This property features: Two adjoining restaurant properties included in price, not sold separately; Prime location on Brandon Boulevard (Highway 60) with high visibility; Turn‑key operation: includes all furniture, fixtures, and equipment
    (813) 684-0016
    We can help!
    Listing Contact
    Michael Ginty
    Michael Ginty
    Real Estate License ID: 653815
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    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.

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