751 U S Highway 27 Sebring, FL 33870
- Turn key restaurants
- 4,572 SF
- 0.89 lot acres
Current Use by Public Records
- Sonny's BBQ / Takeout Restaurant / Caterer
Property Details for 751 U S Highway 27
- Year built
- 1979
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.89 lot acres
- Property size
- 4,572 SF
- Zone code
- C1
- Property type
- Turn key restaurants
- APN
- S-23-34-28-020-00A0-0120
- APU
- S23342802000A00120
Description
This exceptional restaurant opportunity is situated on a highly visible 1.11-acre corner lot at the intersection of US Highway 27 South and Hammock Road in Sebring, Florida. The 5,047 square foot facility offers stunning views of Lake Jackson and boasts a strong history of high net income. Recently updated with modern parapets, the property enjoys outstanding curb appeal and benefits from its proximity to major retail and dining destinations, including Lowe's, Home Depot, Walmart, Chick-fil-A, and Chipotle, all within approximately three miles. The building features ample capacity with seating for approximately 170 patrons and 65 parking spaces. It's essentially turn-key, including existing kitchen equipment and furniture. A significant advantage is the inclusion of a detached rear storage building offering an additional approximately 1,000 square feet, suitable for use as an apartment or office space. The property has undergone recent remodeling and updates, making it move-in ready for immediate operation. This presents a lucrative opportunity for both established restaurant operators and new entrepreneurs seeking a thriving location with excellent visibility and high traffic flow. The asking price is $1,700,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,430,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,635,000
- 6.5%
- $1,485,000
- 7%
- $1,725,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,555,000
- Geo Method
- $1,855,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,755,000
- Retail
- $1,550,000
- Mixed-Use
- $1,955,000
- Hospitality
- $1,720,000
- Educational
- $1,445,000
- Residential Income
- $1,460,000
- Energy
- $1,970,000
- Income-Based Land
- $1,705,000
- Food Service
- $1,700,000
Location Insight
- Map
- Local Demand
- City
- Sebring
- County
- Highlands
- State
- Florida
- Longitude
- -81.4732
- Latitude
- 27.4752
- CBSA code
- 42700
- CBSA name
- SEBRING, FL MICROPOLITAN STATISTICAL AREA
