15330 Gainesville Rd Reddick, FL 32686-3843
This vacant restaurant property in Reddick, Florida, presents a unique investment opportunity. Located at 15330 NW Gainesville Rd, this 2,270 square foot building sits on a sizable 16,553 square foot lot – over a third of an acre. The property is currently vacant and requires some contractor work, making it an ideal project for a savvy investor looking to establish their own food service business. The building features existing seating areas, restrooms, and a fully equipped kitchen, providing a solid foundation for a variety of culinary concepts. Priced at $120,000, this property offers a compelling cap rate of 8.10%, representing significant potential for return on investment. The property was affected by a storm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B · Reddick, FLReddick. Always verify with local authorities before improvements.
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.