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    3327 Us-17 Arcadia, FL 34266

    Sponsored
    For Sale
    $2,500,000

    Florida Event Venue & Restaurant Opportunity

    Property size:
    12,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 12,000-square-foot commercial property in Arcadia, Florida, presents a unique investment opportunity. Priced at $2,500,000 ($208.33/sq ft), this fee-simple ownership includes a new construction event center slated for completion in early 2026. The versatile space offers 9,000 square feet adaptable for various events and gatherings, complemented by an additional 3,000 square feet ideal for a restaurant. The 2.26-acre lot boasts 70 parking spaces and is zoned for commercial use. Strategically located at the crossroads of US 17 and State Route 70, this property benefits from a strong customer base: over 22,000 residents within a 5-mile radius, with an average annual household income exceeding $52,000. Arcadia's charming community, known for its historic downtown and vibrant events (Arcadia All-Florida Championship Rodeo, Arcadia Bike Fest, Pioneer Days), provides a rich context for this venue. The property also includes a retention pond. This prime location, near Orlando, Fort Myers, Sarasota, and Lake Okeechobee, positions this event center and restaurant for significant success, attracting both locals and tourists. This is a chance to establish a cornerstone of the Arcadia community.

    Property Features for 3327 Us-17

    General Information

    Property type
    Restaurants
    Square Feet
    12,000 SF
    Lot Size
    98,446 SF

    HighLights

    • 12,000 SF versatile commercial space: 9,000 SF for events, plus 3,000 SF for a restaurant.
    • Prime location at US 17 & State Route 70, near Orlando, Fort Myers, Sarasota, and Lake Okeechobee.
    • Strong demographics: Over 22,000 residents within 5 miles, average household income exceeding $52,000.
    • Desirable community: Arcadia offers a historic downtown and popular events like the Arcadia All‑Florida Championship Rodeo.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Arcadia
    County
    DeSoto
    State
    Florida
    Longitude
    -81.849422
    Latitude
    27.243317

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    FAQs

    What type of property is this?
    Restaurant - Florida Event Venue & Restaurant Opportunity
    Where is this restaurant located?
    The property is located at 3327 Us-17 Arcadia, FL.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: 12,000 SF versatile commercial space: 9,000 SF for events, plus 3,000 SF for a restaurant.; Prime location at US 17 & State Route 70, near Orlando, Fort Myers, Sarasota, and Lake Okeechobee.; Strong demographics: Over 22,000 residents within 5 miles, average household income exceeding $52,000.
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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
    3327 Us-17 Arcadia, FL 34266
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