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Financial
Distress signals
Property profile

299 E Broad St Groveland, FL 34736

FOR SALE
Drive through restaurants
Property ID
US18-3382762
1,320 SF 0.65 ac lot Built 1985
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a turnkey restaurant facility located on Highway 50 in Groveland, Florida. It is configured with a drive-through service area, indoor customer seating, and a buffet setup, and it has historically operated as a chicken-focused restaurant. The property is situated in a developing area with increasing traffic and nearby commercial growth, and it has a Bike Score of 32 (somewhat bikeable) and a Walk Score of 38 (car-dependent).

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$209k
Effective rate1.91%

Value estimate

· Oct 2026
$420k
$378k – $462k
NOI build-up
Gross scheduled income$31k
Vacancy & credit loss−$1k
Operating expenses−$7k
NOI · 2.25% cap applied$22k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$446/SF
County average, outlier-cleaned · 81 recorded sales of this use type
Observed band · Q1–Q3$167 – $759

Cap rate analysis

How does the asset earn?
2.25%
$22k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.1
Dental Office12.7
Pharmacy9.6

Location

299 E Broad St Groveland, FL 34736
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
332 Broad, Groveland, FL 34736 $600,000 Jan 2025 3,200 SF
7753 State Rd 50, Groveland, FL 34736-8040 $1,716,000 May 2024 2,014 SF
133 Orange, Groveland, FL 34736 $240,000 Dec 2022 936 SF
1102 Broad, Groveland, FL 34736-2010 $600,000 Jul 2022 2,400 SF
711 Broad, Groveland, FL 34736-2615 $4,097,000 Sep 2021 3,546 SF
Montevista, Groveland, FL 34736 $3,343,555 Aug 2021 3,158 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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