15551 Sheridan St Davie, FL 33331-3489
- Turn key restaurants
- 6,575 SF
- 0.31 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 15551 Sheridan St
- Year built
- 2005
- Construction
- CONCRETE
- Lot size
- 0.31 lot acres
- Property size
- 6,575 SF
- Zone code
- B-2
- Property type
- Turn key restaurants
- APN
- 51-40-04-11-0013
- APU
- 514004110013
Description
This exceptional 6,575 square foot restaurant space, formerly a TGI Fridays, is ideally situated at 15551 Sheridan Street in Broward County. Boasting a prominent location closer to I-75 than any other building in the immediate area, this property offers unparalleled visibility and accessibility to a high volume of highway traffic. The single-story building sits on a spacious 13,699 square foot lot, providing ample space for outdoor seating or other potential uses. The existing layout, complete with a fully equipped restaurant and bar, presents a significant advantage for prospective tenants, minimizing initial build-out costs and allowing for a quicker launch. This turnkey opportunity is perfect for established food and beverage chains seeking a high-traffic location or independent restaurateurs looking to establish a thriving business. The property's zoning allows for flexibility beyond restaurant use, with permitted uses including medical and dry retail establishments. However, please note that family entertainment uses such as arcades, bowling alleys, or mini-golf are not permitted. This versatile property offers a unique blend of convenience, visibility, and operational efficiency, making it an attractive investment opportunity in a thriving market. The existing infrastructure provides a solid foundation for a variety of businesses, ensuring a smooth transition and immediate occupancy.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,025,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,325,000
- 6.5%
- $3,085,000
- 7%
- $3,230,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,580,000
- Geo Method
- $3,545,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,850,000
- Retail
- $3,165,000
- Mixed-Use
- $3,505,000
- Hospitality
- $3,295,000
- Educational
- $3,000,000
- Residential Income
- $3,035,000
- Energy
- $2,715,000
- Income-Based Land
- $3,515,000
- Food Service
- $3,330,000
Location Insight
- Map
- Local Demand
- City
- Davie
- County
- Broward
- State
- Florida
- Longitude
- -80.3543
- Latitude
- 26.0315
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
