3415 County Rd 542 Lakeland, FL 33801-9518
This exceptional Lakeland restaurant presents a unique sale-leaseback opportunity. Located at 3415 E County Rd 542, Polk County, Florida (zip code 33801), this fully renovated establishment boasts 4,253 square feet on a 0.77-acre lot. The property is zoned Commercial/Industrial and features new equipment, ensuring a smooth transition for the new owner. With over 100 seats and a consistent clientele, this restaurant generates a strong cash flow, offering a compelling 10% capitalization rate. The asking price is $1,000,000. The property's Assessed Parcel Number (APN) is 24-28-14-000000-044040. This turnkey operation is ready for immediate occupancy, available July 6th, 2023. The sale includes both the real estate and the established business, providing a complete and lucrative investment package. This is an ideal opportunity for an experienced restaurateur seeking a profitable venture with significant growth potential in a thriving Lakeland location. The property's prime location and established reputation make this a truly exceptional investment opportunity. Don't miss out on this chance to acquire a successful, high-cash-flow restaurant with significant upside.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-3 · Lakeland, FLCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.