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Property profile & analytics
OFF-MARKET
Drive through restaurants

20077 Central W Ave Blountstown, FL 32424-1949

1,621 SF 1.01 ac lot Built 2000
Individually Owned 2-yr Hold Free & Clear
Property ID
US18-5387593
Property summary
AI-generated overview

This exceptional commercial property, located at 20077 Central Unit S in Blountstown, Florida, presents a unique investment opportunity. Situated on a 1.01-acre lot directly on Highway 20, this 1,389 square foot building offers immediate potential for a variety of food service businesses. Previously operated as a Taco Bell franchise, the property is equipped with a fully functional drive-thru and approximately 20 parking spaces, ensuring convenient access for customers. The building is ready for immediate occupancy, eliminating the need for extensive renovations or construction. Its prime location on a major highway guarantees high visibility and accessibility, making it an ideal choice for entrepreneurs seeking a thriving business environment. The property's existing infrastructure, including the drive-thru and ample parking, significantly reduces start-up costs and allows for a quick transition into operation. This turnkey solution offers a streamlined path to establishing a successful restaurant venture in the heart of Blountstown. The asking price is $487,300. Serious inquiries are encouraged. This is a rare opportunity to acquire a well-positioned commercial property with significant upside potential.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2000
Construction WOOD
Total area 1,621 SF
Lot 1.01 ac (44,100 SF)
APN 32-1N-08-0000-0014-0000
UPID US18-5387593
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Donald Stanley JR · 2 yrs held
Donald Stanley JR
since 2024
Last sale
$175,000
7 recorded transactions
2024
$175,000
2019
$120,000
2016
$100,000
2015
$65,100
2014
$100
2007
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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