28610 Hwy 27 Dundee, FL 33838-4283
- Turn key restaurants
- 14,442 SF
- 3.18 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 28610 Hwy 27
- Year built
- 1973
- Lot size
- 3.18 lot acres
- Property size
- 14,442 SF
- Property type
- Turn key restaurants
- APN
- 272829000000013120
- APU
- 272829000000013120
Description
This exceptional investment opportunity presents a 55,154 square foot property situated on 3.18 acres of prime real estate at 28610 Hwy 27 N, Dundee, FL. The property boasts a strategic location in the heart of Central Florida, offering easy access to local attractions, shopping, and dining. The complex comprises three buildings, housing 102 hotel rooms, a fully operational restaurant and bar, a versatile conference/meeting room, three offices, manager's quarters, a refreshing swimming pool, and convenient amenities such as a lobby with concierge desk, guest breakfast area, and laundry facilities. Currently undergoing renovations, this property presents a unique chance to acquire a well-established business with significant upside potential. The current owner is open to exploring various acquisition options, including outright purchase, lease-option agreements, or potential partnerships. Please note that an adjacent parcel used for semi-truck parking is not included in this sale. This is a rare chance to own a thriving hospitality business in a high-demand location. Financial details and further information are available upon request.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $700,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $760,000
- 6.5%
- $650,000
- 7%
- $660,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $610,000
- Geo Method
- $625,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $825,000
- Retail
- $595,000
- Mixed-Use
- $670,000
- Hospitality
- $735,000
- Educational
- $690,000
- Residential Income
- $720,000
- Energy
- $810,000
- Income-Based Land
- $685,000
- Food Service
- $785,000
Location Insight
- Map
- Local Demand
- City
- Dundee
- County
- Polk
- State
- Florida
- Longitude
- -81.6345
- Latitude
- 28.0243
- CBSA code
- 29460
- CBSA name
- LAKELAND, FL METROPOLITAN STATISTICAL AREA