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Property profile & analytics
OFF-MARKET Estimated value $575,000
Drive through restaurants

4650 Jog Rd Greenacres, FL 33467-5009

3,026 SF 0.84 ac lot Built 2003
Entity Owned 8-yr Hold Free & Clear
Property ID
US18-5108602
Property summary
AI-generated overview

This exceptional 3,026-square-foot freestanding fast-food building presents a remarkable investment opportunity in the thriving Greenacres, Florida market. Situated on a sizable 0.84-acre lot at 4650 Jog Rd, near the intersection of Jog Rd and Melaleuca Rd, this single-tenant property boasts 35 parking spaces, ensuring ample customer convenience. The building, zoned for commercial use, is currently vacant and ready for immediate occupancy. Originally constructed in 1993 and renovated in 2017, this second-generation QSR space offers a solid foundation for a new tenant. Its previous use as a Wendy's speaks to its proven suitability for fast-food operations. The property's prime location and ample parking make it an ideal site for a variety of quick-service restaurant concepts. The 3,026 square feet of space provides flexibility for customization and efficient operations. With its drive-thru capability, this property is well-positioned to capitalize on the growing demand for convenient dining options. The 33463 zip code offers strong demographics and high traffic volume, making this a highly desirable location for a successful business venture. This is a rare opportunity to acquire a well-maintained, ready-to-occupy QSR building in a prime location.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2003
Construction CONCRETE
Total area 3,026 SF
Lot 0.84 ac (36,664 SF)
Zoning code CG
APN 18-42-44-27-19-000-0010
UPID US18-5108602
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$520k
CAP Approach CAP
by Request
Comparable Approach Comparable
$636k
Blend (final) Blend
$575k
Owner & transaction history
Y & Y Realty Associates Of Jof Road · 8 yrs held
Y & Y Realty Associates Of Jof Road
since 2017
1 recorded transaction
2017
$1.0M
Zoning & alternative use
CG · Greenacres, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The commercial general (CG) district is intended for general commercial activity. Permitted uses and special exceptions within this designation require land areas and location convenient to automotive traffic. This district will serve a group of neighborhoods and provide goods and services for a consumer market within a three-mile radius. This district will…

Zone name Commercial General
General category COMMERCIAL
Zone area 100.09 ac
Source Realmo
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