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    876 City Walk Ln Oviedo, FL 32765

    Sponsored
    For Sale
    $950,000

    Upscale Restaurant, High-Demand Area

    Property size:
    5,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional restaurant opportunity is located in the highly sought-after Oviedo on the Park development in Oviedo, Florida (32765). Situated at 876 City Walk Ln, this 7,000 square foot, two-story building boasts a prime location directly across from Oviedo Central Lake Park, Amphitheater, and Cultural Center. Built in 2024, the property offers a unique blend of modern design and convenient access to a thriving community. The building includes options for a ground floor patio and a rooftop deck, providing ample space for outdoor dining and enjoying the stunning lake views. An elevator ensures easy access to both floors. This owner/user investment presents a rare chance to establish a successful restaurant business within a vibrant mixed-use development. The surrounding area is characterized by high-end residential properties, with 775 luxury homes and apartments already on-site and an additional 25 lavish townhomes planned. The average household income within a three-mile radius exceeds $114,000, indicating a strong potential customer base with significant spending power. The asking price for this turnkey restaurant space is $950,000, or a build-to-suit option may be available. This presents a compelling investment opportunity in a rapidly growing and affluent community. The property is a single unit within a larger development.

    Property Features for 876 City Walk Ln

    General Information

    Property type
    Restaurants
    Square Feet
    5,000 SF

    Building Details

    Year Built
    2024
    Stories
    2
    Units
    1

    HighLights

    • $950,000 asking price, or build‑to‑suit option available.
    • 5,000‑7,000 SF, two‑story building with ground floor patio and rooftop deck options, elevator, and lake views.
    • Prime location across from Oviedo Central Lake Park, Amphitheater, and Cultural Center.
    • Located in Oviedo on the Park, a high‑end mixed‑use development.
    • 775 luxury homes/apartments currently on‑site, with 25 additional townhomes planned.
    • Average household income within a 3‑mile radius exceeds $114,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Oviedo
    County
    Seminole
    State
    Florida
    Longitude
    -81.2032145
    Latitude
    28.6575312

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    FAQs

    What type of property is this?
    Restaurant - Upscale Restaurant, High-Demand Area
    Where is this restaurant located?
    The property is located at 876 City Walk Ln Oviedo, FL.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: $950,000 asking price, or build-to-suit option available.; 5,000-7,000 SF, two-story building with ground floor patio and rooftop deck options, elevator, and lake views.; Prime location across from Oviedo Central Lake Park, Amphitheater, and Cultural Center.
    Request Owner's contact information
    876 City Walk Ln Oviedo, FL 32765
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    Oviedo, FL 32765
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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
    876 City Walk Ln Oviedo, FL 32765
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