Cafe and Restaurant Business
For Sale
Contact for pricing
2402 Sand Mine Road, Davenport, FL 33897
Well-located Davenport cafe known for acai bowls and a clean, customer-friendly environment.
Property Size1,400 SF
Price / SF$185.71
Days on Market100
Property Features for 2402 Sand Mine Road
General Information
Standard status
Active
Size
1,400 SF
Property subtype
Business for Sale
Zoning
commercial
Lease Type
Net
Investment Type
Net Lease
Additional Details
Business Included
Yes
Building Details
Units
1
Listing Agency:
eXp Realty
Listed By:
ADRIANA MURCIA PA · License #FL
Source:
Crexi
Added: May 30
Changed: Sep 5
Last Checked: Aug 31 at 7:12AM
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 eXp Realty
Investment Insights
Based on property information with market context.
This offering is for a cafe and restaurant business focused on fresh acai bowls with a wide variety of options. The business is presented with a clean environment and friendly staff, supporting a straightforward dining and refreshment concept.
The property is located at 2402 Sand Mine Road in Davenport, Florida. No additional details about building configuration, dining capacity, or site improvements were provided with the listing information.
For buyers looking to acquire a turn-key style hospitality concept centered on acai bowls, this business is positioned around a defined menu and an emphasis on customer experience. Interested parties should review available operational and property details during diligence, including any lease or real estate specifics that apply to the location.
The property is located at 2402 Sand Mine Road in Davenport, Florida. No additional details about building configuration, dining capacity, or site improvements were provided with the listing information.
For buyers looking to acquire a turn-key style hospitality concept centered on acai bowls, this business is positioned around a defined menu and an emphasis on customer experience. Interested parties should review available operational and property details during diligence, including any lease or real estate specifics that apply to the location.
Key Highlights
- Cafe in Davenport, Florida offering acai bowls with a wide variety of options
- Business features a clean customer environment and friendly staff
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$18,202
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.00%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$364,040
$364.0K
Cap Rate 7%
$260,029
$260.0K
Cap Rate 9%
$202,244
$202.2K
Market Conditions
NOI Build-Up for 1,400 SF
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.
Gross rent
$26.0K $18.60/SF
− Vacancy
−$1.8K −$1.26/SF
EGI
$24.3K $17.34/SF
− OpEx
−$6.1K −$4.33/SF
NOI
$18.2K $13.00/SF
Area
Polk County, FL
Vacancy
6.80%
Lease Rate
$18.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$364,040
Cap Rate 7%
$260,029
Cap Rate 9%
$202,244
Alternative Uses
Best Use
Specialty Retail
$260.0K
$227.5K – $303.4K
NOI $18,202 @ 7.0% cap · market cap 7.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$336.4K
$294.4K – $392.5K
NOI $23,550 @ 7.0% cap · market cap 9.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
378
Businesses Nearby
207k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 62%
Shops & Services 38%
McDonald's
Dining
31,416 visits/mo
0.2 miles
7-Eleven
Shops & Services
31,355 visits/mo
0.2 miles
Dollar Tree
Shops & Services
29,325 visits/mo
0.5 miles
Dutch Bros. Coffee
Dining
24,567 visits/mo
0.3 miles
Dollar General
Shops & Services
17,309 visits/mo
0.2 miles
Demographics for 33897, FL
25,352
Population
13,291
Households
1.9
Avg Household Size
38
Median Age
28%
College-Educated
94%
High-School Grad
41.8 sq mi
ZIP Area
607
Density / Sq Mi
$73,457
Median Household Income
$36,154
Median Earnings
$1,880
Median Rent
$279,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Starbucks — 49591 US Hwy 27, Davenport, FL 33897
- Buen Café Latin Food — 103 Ambersweet Wy, Davenport, FL 33897
- Honey Bee Coffee — this is not our actual address we are a food truck, 109 Ambersweet Wy, Davenport, FL 33897
- Dutch Bros Coffee — 49782 US Hwy 27, Davenport, FL 33897
- Casa club — 4237 Lana Ave, Davenport, FL 33897
Frequently Asked Questions
What type of property is this?
Coffee shop - Well-located Davenport cafe known for acai bowls and a clean, customer-friendly environment.
Where is this coffee shop located?
The property is located at 2402 Sand Mine Road Davenport, FL.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Cafe in Davenport, Florida offering acai bowls with a wide variety of options; Business features a clean customer environment and friendly staff
