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    5390 Highway 1 Grant Valkaria, FL 32949

    For Sale
    $1,500,000

    Iconic restaurant property in Grant-Valkaria, Florida, with business and inventory.

    Lot size:
    0.57 Acres

    Property Features for 5390 Highway 1

    General Information

    Lot size
    0.57 Acres

    Building Details

    Year built
    1901

    Source: Dale Sorensen Real Estate Inc. Agent DeeDee Browning

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Restaurant Opportunity For Sale

    This property, currently operating as Rib City, presents a restaurant opportunity in Grant-Valkaria. The sale includes the real estate, business, and complete on-site inventory, offering a turnkey opportunity. The property is located across the street from the Indian River in the heart of town. Formerly The Jorgensen's General Store, the building is listed on the National Registry of Historic Places. The property features a main dining room, a smaller private dining room, outdoor areas, a patio, bathrooms, and an office. The property includes a stone-pillared porch and an upstairs deck with river views.
    Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Grant Valkaria
    County
    Brevard
    State
    Florida
    Longitude
    -80.661433
    Latitude
    28.198981

    FAQs

    What type of property is this?
    Restaurant - Iconic restaurant property in Grant-Valkaria, Florida, with business and inventory.
    Where is this restaurant located?
    The property is located at 5390 Highway 1 Grant Valkaria, FL.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Turnkey restaurant opportunity: Includes real estate, business, and complete on-site inventory.; - Prime location: Across the street from the Indian River in the heart of Grant-Valkaria.; - Historic Significance: Listed on the National Registry of Historic Places.
    (321) 574-0378
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    5390 Highway 1 Grant Valkaria, FL 32949
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    Grant Valkaria, FL 32949
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    Realmo Value Estimation

    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.

    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.

    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
    5390 Highway 1 Grant Valkaria, FL 32949
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