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5406 County Road 218 Middleburg, FL 32068

Bars & Pubs Google Maps
3,021 SF 1 ac lot Built 1950
Individually Owned 20-yr Hold Absentee Owner ~ Est. High Equity
Estimated value (blended)
$255k
Range $230k – $281k (±10%)
Property ID US19-0386234

Property summary

AI-generated overview

This exceptional investment opportunity presents a well-established commercial property located just outside Middleburg, Florida, bordering Jennings State Forest. This turnkey operation, a beloved local fixture for 50 years, encompasses a thriving sports bar and a fully licensed liquor store. The property sits on a 0.68-acre lot and offers a substantial amount of space, including indoor and outdoor seating areas, a spacious dance floor, and ample room for pool tables. The sale includes a complete inventory of bar and liquor store stock, significantly reducing the burden on a new owner. A significant advantage is the existing 4 COP liquor license, a valuable asset already in place. The current staff are also willing to remain with the business, ensuring a smooth transition and continuity of service. This presents a rare chance to acquire a profitable, established business with a loyal customer base and significant growth potential. The property's location adjacent to Jennings State Forest offers unique appeal and access to outdoor recreation enthusiasts. This is a truly exceptional opportunity for an investor seeking a turnkey business with a proven track record and significant upside. The asking price is $1,800,000.

Property profile

Verified
Property type Bars & Pubs
Use group NIGHTCLUB (COCKTAIL LOUNGE)
Year built 1950
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,021 SF
Lot 1 ac (43,560 SF)
APN 36-04-23-000381-001-00
UPID US19-0386234

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2005
3 recorded transactions
2005
$300,000
2003
$245,000
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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