Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR SALE
    Manufacturing properties

    302 S Center St, Pierson, FL 32180

    1,176 SF 1.23 ac lot Built 1984
    Individually Owned 3-yr Hold Absentee Owner
    Property ID
    US19-0855622
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a thriving dual-purpose commercial property located at 302 S Center Street, Pierson, Florida. The property encompasses 2,630 square feet on a 1.23-acre lot and boasts a successful restaurant and a 24/7 self-service laundromat, ensuring consistent revenue streams. The restaurant, operating Monday-Friday from 8 AM to 8 PM, offers indoor seating for 40 and an enclosed patio for 12 additional guests. Its prime location on a busy highway attracts a steady flow of local customers and travelers. The laundromat features 18 washers and 15 dryers, with all but two units replaced four years ago. A new hot water heater was also installed four years ago. Its 24/7 operation provides a reliable income stream, serving residents of Pierson, neighboring towns, and travelers. The property benefits from its strategic location, just 20 minutes north of Deland and 30 minutes from both Ormond Beach and Ocala. Furthermore, the area is experiencing significant growth, with a large Bass Pro Shops resort under construction 20 minutes away and a new Dunkin' Donuts being built just 5 minutes south in Barberville. This development promises increased traffic and customer base, presenting significant potential for future expansion and increased profitability. This turnkey operation is ideal for both seasoned entrepreneurs and first-time business owners seeking a stable and rapidly appreciating asset in a high-growth area.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1984
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 1,176 SF
    Lot 1.23 ac (53,578 SF)
    APN 4834-04-00-0580
    UPID US19-0855622
    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
    Current use
    Occupant on record · Public records
    • Pierson Family Restaurant Restaurant
    • Stellar Solar Pros Pierson Production Facility
    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
    Aurora M Snopestad · 3 yrs held
    Aurora M Snopestad
    since 2023
    Last sale
    $1,000
    7 recorded transactions
    2023
    $1,000
    2019
    2008
    2007
    2006
    $240,000
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message