Technical
Financial
Distress signals
Property profile

720 Broad St Brooksville, FL 34601

OFF-MARKET
Turn key restaurants
Property ID
US18-1067688
1,851 SF 0.55 ac lot Built 2007
Entity Owned 12-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 0.55-acre commercial land parcel, located at 720 S Broad Street in Brooksville, Florida (zip code 34601), presents a unique investment opportunity. The property boasts a total area of 1,851 square feet and is situated at a high-traffic intersection of US41 and US98, at the north end of a fast-food corridor. Previously occupied by an operating restaurant, much of the existing equipment is included in the sale, adding significant value. Key features include a large walk-in refrigerator and freezer unit, along with ample parking for 27 vehicles. The property benefits from recent upgrades, with the roof and air conditioning system having been replaced approximately three years ago. Currently leased on a month-to-month basis, this property offers flexibility for immediate income generation or redevelopment potential. This prime location and existing infrastructure make this a highly attractive proposition for a variety of commercial ventures. The Hernando County location provides easy access to major transportation routes and a growing community. Don't miss this chance to acquire a valuable piece of commercial real estate in a thriving Florida market.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2007
Construction CONCRETE BLOCKS
Total area 1,851 SF
Lot 0.55 ac (24,110 SF)
APN R22-222-19-2270-0100-0080
UPID US18-1067688

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

Location

720 Broad St Brooksville, FL 34601-3218
Brooksville metro Census 40501 TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$205k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$205k

Owner & transaction history

since 2014
5 recorded transactions
2021
Price N/A
2014
$215,000
2011
$100
2007
$285,000
2004
$87,500

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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