1902 Us-92 Auburndale, FL 33823
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.