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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

551429 Us-1 Hilliard, FL 32046

2,823 SF Built 1960
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1960
Total area 2,823 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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