1818 Waldo Rd Gainesville, FL 32609-3996
- Drive through restaurants
- 572 SF
- 0.20 lot acres
Current Use by Public Records
- Sublime Tacos / Taco Restaurant
Property Details for 1818 Waldo Rd
- Year built
- 1985
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.20 lot acres
- Property size
- 572 SF
- Zone code
- MU1
- Property type
- Drive through restaurants
- APN
- 10757-000-000
- APU
- 10757000000
Description
This Gainesville, Florida restaurant boasts a prime location on Waldo Road, enjoying over 30,000 average daily vehicles. The 1,000 square foot single-tenant building features a highly visible, grandfathered lollipop sign and over 150 linear feet of road frontage, ensuring maximum exposure. The well-designed layout includes a spacious kitchen equipped with a 12-foot hood and various appliances, potentially included in the lease. Previous ownership's operational efficiency is evident in the separate prep and refrigeration areas. Ample shaded outdoor seating enhances customer experience. This turnkey opportunity is ideal for a quick-service restaurant seeking high visibility and established infrastructure in a bustling Alachua County location. The property is situated at 1818 NE Waldo Rd, Gainesville, FL 32609, offering a ready-made space for immediate operation. The existing kitchen equipment provides a significant advantage for a new operator, minimizing initial setup costs. The high traffic count on Waldo Road guarantees a substantial customer base. This is a rare opportunity to acquire a fully functional drive-thru restaurant in a high-demand area. Don't miss this chance to establish your business in a location with proven success.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $185,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $145,000
- 6.5%
- $145,000
- 7%
- $135,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $160,000
- Geo Method
- $160,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $135,000
- Retail
- $140,000
- Mixed-Use
- $150,000
- Hospitality
- $150,000
- Educational
- $155,000
- Residential Income
- $135,000
- Energy
- $145,000
- Income-Based Land
- $160,000
- Food Service
- $160,000
Location Insight
- Map
- Local Demand
- City
- Gainesville
- County
- Alachua
- State
- Florida
- Longitude
- -82.3009
- Latitude
- 29.6681
- CBSA code
- 23540
- CBSA name
- GAINESVILLE, FL METROPOLITAN STATISTICAL AREA
