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Turn-Key Drive-Through Restaurant Facility

1518 S DIXIE FREEWAY New Smyrna Beach, FL 32168

1518 S DIXIE FREEWAY, New Smyrna Beach, FL, 32168
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For Sale
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Fully equipped restaurant facility with drive-thru capability and interior buildout, plus outdoor patio seating.

Property Size1,944 SF
Price / SF$380.14
AddedJun 1
Days on Market45
Last RefreshJun 20 at 4:54 am

Property Features for 1518 S DIXIE FREEWAY

General Information

Standard status
Active
Size
1,944 SF
Property subtype
Business for Sale, Retail

Building Details

Year Built
1963

Listing office Salty City Realty

Listing date Jun 1, 2026

Source Crexi

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

All listing content including descriptions, pricing, images are the copyrighted material of Salty City Realty


Investment Insights

Based on property information with market context.

The property is a drive-through restaurant/food service facility designed for a quick-service concept, ice cream/dessert cafe, or similar use. The sale includes the real estate and the entire operating facility, along with affixed equipment and interior furnishings within the bar/dining area. The outdoor patio is included, and the listing indicates approximately 2,488 SF total area, with about 1,944 SF of HVAC’d interior space.

The site is located at 1518 S Dixie Freeway in New Smyrna Beach, FL. The listing also references approximately 28,500 AADT, supporting visibility and access for pass-by traffic. Access for showings is appointment-only, with minimum 24-hour notice required. The listing further states that you should not approach the property site or employees for business details, and that cash or proof of funds will be needed in advance of any showing.

For a buyer or operator seeking an immediately usable, turn-key setup, this offering provides the core restaurant infrastructure and included equipment as part of the transaction. Its drive-thru capability and bar/dining buildout are purpose-fit for quick service food programs that require efficient order flow while still accommodating on-site seating in the interior and outdoor patio area.

Key Highlights

  • 1963‑built fully equipped restaurant/food service facility with interior bar/dining buildout
  • Drive‑thru capability for restaurant/quick service use
  • Sale includes the real estate, the entire facility, and affixed equipment in place

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $42.7k $21.96
− Vacancy −$3.3k −$1.71
EGI $39.4k $20.25
− OpEx −$9.8k −$5.06
NOI $29.5k $15.19
1,944 SF · lease $21.96/SF/yr · vacancy 7.80% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$421.7K
$369.0K – $492.0K (±1% cap)
NOI $29,520 @ 7.0% cap · market cap 3.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$573.2K
$501.6K – $668.7K (±1% cap)
NOI $40,124 @ 7.0% cap · market cap 5.43%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Drive through restaurants

Suggested Use

Restaurant Real Estate Agency Hair Salon Building Supply Law Firm Pharmacy Big Box & Wholesale Store Nail Salon Storage Facility Auto Parts Store

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

FAQs

What type of property is this?
Drive through restaurant - Fully equipped restaurant facility with drive-thru capability and interior buildout, plus outdoor patio seating.
Where is this drive through restaurant located?
The property is located at 1518 S DIXIE FREEWAY New Smyrna Beach, FL.
What is the asking price?
The asking price for this property is $739,000.
What are key features of this property?
This property features: 1963‑built fully equipped restaurant/food service facility with interior bar/dining buildout; Drive‑thru capability for restaurant/quick service use; Sale includes the real estate, the entire facility, and affixed equipment in place
Contact an agent
(386) 295-9299 Call to check price and availability
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