Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
Property profile & analytics

508 State St Bunnell, FL 32110

  • Turn key restaurants
  • 1,902 SF
  • 0.45 lot acres
Value Estimation
Last Sale
Nov 07, 2023
$475,000
Location Intelligence
Property ID
US18-4655244
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Domenech Corner / Cuban Restaurant
  • Domenech Corner Cuban Restaurant / Restaurant

Property Details for 508 State St

Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.45 lot acres
Property size
1,902 SF
Zone code
B-1
Property type
Turn key restaurants
APN
10-12-30-0850-01520-0030
APU
1012300850015200030

Description

This exceptional turn-key business opportunity is located at 508 N State St, Bunnell, FL, offering high visibility and significant traffic flow due to its prime location on US1. The 0.45-acre property includes a well-established restaurant currently operating with excellent customer reviews and a loyal clientele. The building is in excellent condition, having undergone recent improvements by the current owner. The sale includes the business, building, land, equipment, and the current menu, providing a seamless transition for a new owner. The restaurant boasts a seating capacity for 60 diners, two public restrooms, and ample parking for 15 vehicles. A unique feature is an on-site smokehouse, presenting the potential for expansion into barbecue cuisine. The seller is offering a one-month training period and the services of their chef for two to three months, ensuring a smooth operational handover. This is a rare opportunity to acquire a profitable, established business with significant growth potential in a high-traffic location. The asking price is $580,000.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $645,000
  • CAP approach

    CAP return
    Estimation
    6%
    $450,000
    6.5%
    $545,000
    7%
    $475,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $590,000
    Geo Method
    $520,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $410,000
    Retail
    $480,000
    Mixed-Use
    $465,000
    Hospitality
    $420,000
    Educational
    $485,000
    Residential Income
    $560,000
    Energy
    $460,000
    Income-Based Land
    $440,000
    Food Service
    $465,000

Location Insight

  • Map
  • Local Demand
City
Bunnell
County
Flagler
State
Florida
Longitude
-81.2616
Latitude
29.4689
CBSA code
19660
CBSA name
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,436
$130,877
$159,025
$289,902
-
$130,877
$159,025
$289,902
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