551429 Us-1 Hilliard, FL 32046
This exceptional investment opportunity presents a vacant, single-tenant restaurant building in Hilliard, Florida, listed at $599,000. The 2,823 square foot property, situated on a 20,000 square foot lot (APN: 16-3N-24-2020-0034-0040), boasts a prime location on US-1, ensuring high visibility and ample traffic. Built in 1960 and renovated in 1980, the Class B property features two buildings and is zoned CCG-1. Currently vacant, this presents a unique chance for redevelopment, allowing for customization to suit various dining concepts. The spacious interior offers significant potential for a culinary entrepreneur or investor seeking to capitalize on Hilliard's growing market and supportive community. The property's prominent storefront and easy access with ample parking further enhance its appeal. This owner-user investment opportunity is perfect for those looking to establish or expand their restaurant business in a thriving location. The asking price of $212.19 per square foot reflects the property's significant potential and strategic location. This is a chance to shape the culinary landscape of Hilliard and benefit from a burgeoning market.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.