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Property profile & analytics
OFF-MARKET
Investment properties

1156 State Rd 20 Interlachen, FL 32148-4418

1,242 SF 0.58 ac lot Built 1971
Individually Owned 4-yr Hold Free & Clear
Property ID
US18-5019468
Property summary
AI-generated overview

This exceptional investment opportunity presents a thriving commercial complex in Interlachen, Florida, currently generating strong rental income. Located at 1156 State Road 20, this property encompasses a substantial 25,264.8 square foot lot and features a single-story building constructed in 1971. The complex includes four income-producing rental units: Nanna's Restaurant, Angie's Cutz N Styles, Cindy's Nails, and an additional property at 101 N Long Ave. Nanna's Restaurant, a popular eatery, boasts seating for approximately 50 patrons and consistently enjoys high customer traffic. The other businesses are also well-established and successful. Recent improvements include a new roof and a newly paved parking lot, minimizing immediate maintenance needs. The asking price for this turnkey operation is $489,500, offering a compelling return on investment for savvy buyers seeking a stable and profitable commercial property in a desirable location. This property is zoned for commercial use and presents a rare opportunity to acquire a multi-tenant complex with established businesses and significant income potential. The property's location on State Road 20 ensures high visibility and accessibility, further enhancing its appeal to both tenants and investors. This is a truly exceptional opportunity to acquire a well-maintained, income-generating property with significant upside potential.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1971
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,242 SF
Lot 0.58 ac (25,265 SF)
APN 15-10-24-4050-030.0-001.1
UPID US18-5019468
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Laurie Johntry · 4 yrs held
Laurie Johntry
since 2021
Last sale
$275,000
4 recorded transactions
2021
Price N/A
2020
$275,000
2005
$201,000
1999
$155,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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