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Property profile & analytics
OFF-MARKET Estimated value $845,000
Turn key restaurants

4010 Vine St Kissimmee, FL 34741-4631

9,684 SF 1.84 ac lot Built 1973
Entity Owned 9-yr Hold Free & Clear
Property ID
US18-3090378
Property summary
AI-generated overview

This exceptional 1.84-acre commercial land parcel, located in the vibrant Kissimmee submarket, presents a unique investment opportunity. The property boasts a 9,684 square foot building, formerly occupied by a Red Lobster restaurant, which is currently vacant and available for lease. The building is in good condition, with some existing fixtures, furniture, and equipment remaining. This presents a significant advantage for a prospective tenant seeking a turnkey operation or a cost-effective renovation project. The site's prime location along Highway 192 ensures exceptional visibility and accessibility, making it ideal for a variety of commercial uses, particularly a full-service restaurant. Ample parking is available, catering to the needs of both staff and patrons. The single-tenant occupancy offers a streamlined approach to property management and leasing. This property is offered as a ground lease opportunity, providing a flexible and potentially lucrative investment strategy. The existing building's structure and remaining fixtures offer significant cost savings compared to starting from the ground up. The high traffic count and prominent location on Highway 192 guarantee substantial exposure to potential customers. This is a rare chance to acquire a well-situated commercial property in a thriving area with significant development potential. The property's size and existing infrastructure make it an attractive proposition for businesses seeking a ready-made space or a platform for new construction.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1973
Total area 9,684 SF
Lot 1.84 ac (80,150 SF)
Zoning code KHC
APN 192529156200010220
UPID US18-3090378
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
  • K&G Roofing Services Roofing Company General Contractor
  • Red Lobster Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$845k
Owner & transaction history
2300 Restaurant Corp · 9 yrs held
2300 Restaurant Corp
since 2016
2 recorded transactions
2016
$4.2M
1969
Price N/A
Zoning & alternative use
KHC · Kissimmee, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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