Building Details

Year Built 1985

Listing Agency: Dave Lowe Realty H***@aol.com Show Phone

Listed By: Robert Tolvo · License #3082499 Show Phone

Source: Elliman

Added: Apr 24 Changed: Jul 10 Last Checked: Aug 10 at 7:25AM

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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 Dave Lowe Realty

Investment Insights

Based on property information with market context.

This is a turn-key restaurant opportunity located on Hwy 50 in Groveland, Florida. The restaurant features drive-through service, indoor seating, and a buffet. It is known for its chicken recipe and has a loyal customer base. The location is in an up-and-coming area with increasing traffic and development, positioning the restaurant to capture more demand. The bike score is 32, indicating it is somewhat bikeable, and the walk score is 38, indicating it is car-dependent. This restaurant is positioned to capture even more demand.

Key Highlights

• Prime location on Hwy 50 in rapidly growing Groveland, FL
• Turn‑key restaurant opportunity** with drive‑through, dine‑in, and buffet options
• Famous, one‑of‑a‑kind chicken recipe

Property Analytics

Property Profile

Current Use

Drive through restaurants

Suggested Use

Top Pick Real Estate Agency Dental Office Pharmacy Gym & Fitness Center Bakery (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

244

Businesses Nearby

60k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 71% Home Improvements & Furnishings 22% Dining 7%

7-Eleven Shops & Services

21,117 visits/mo 0.0 miles

Dollar Tree Shops & Services

14,854 visits/mo 0.2 miles

Groveland Ace Hardware Home Improvements & Furnishings

13,178 visits/mo 0.1 miles

Sunoco Shops & Services

4,465 visits/mo 0.1 miles

Marathon Petroleum Shops & Services

2,436 visits/mo 0.5 miles

Demographics for 34736, FL

24,679

Population

10,029

Households

2.5

Avg Household Size

41

Median Age

32%

College-Educated

87%

High-School Grad

115.0 sq mi

ZIP Area

215

Density / Sq Mi

$82,478

Median Household Income

$42,322

Median Earnings

$1,535

Median Rent

$335,300

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Drive through restaurant - Profitable restaurant with drive-through in growing Groveland, Florida.

Where is this drive through restaurant located?

The property is located at 299 E BROAD St Groveland, FL.

What is the asking price?

The asking price for this property is $985,000.

What are key features of this property?

This property features: Prime location on Hwy 50 in rapidly growing Groveland, FL; Turn‑key restaurant opportunity** with drive‑through, dine‑in, and buffet options; Famous, one‑of‑a‑kind chicken recipe