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Property profile

1902 Us-92 Auburndale, FL 33823

OFF-MARKET
Retail properties & Spaces
3,825 SF 0.76 ac lot Built 2011
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Property summary

AI-generated overview

This 3,825 sq ft restaurant building, situated on 0.76 acres of land on US Highway 92 W in Auburndale, Florida, presents a compelling investment opportunity. Built in 2011, the property boasts a modern design and is zoned for restaurant use (021). The building offers 825 square feet of net rentable space, with a total heated area of 3,527 square feet. Its prime location on a major highway ensures high visibility and accessibility, attracting both local residents and travelers. The property is currently vacant, with an occupancy date of June 18, 2024, providing a blank canvas for a new culinary venture. The asking price is $1,200,000, translating to $313.73 per square foot. This Class B property is an owner/user investment, ideal for an entrepreneur seeking a high-traffic location to establish or expand their restaurant business. The property's modern construction and ample space make it suitable for various dining concepts. Its strategic location in a thriving commercial area, coupled with its highway frontage, promises significant foot traffic and visibility. The property's parcel number is 252809000000022130. This is a for-sale-by-owner opportunity.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2011
Total area 3,825 SF
Lot 0.76 ac (33,106 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1902 Us-92 Auburndale, FL 33823
Auburndale metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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