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Property profile & analytics
OFF-MARKET Estimated value $640,000
Turn key restaurants

915 Sand Lk Rd Altamonte Springs, FL 32714-7055

1,995 SF 0.29 ac lot Built 1988
Individually Owned 7-yr Hold Absentee Owner Free & Clear
Property ID
US18-3425091
Property summary
AI-generated overview

This exceptional free-standing building in Altamonte Springs, Florida presents a rare owner-user opportunity. Located at 915 Sand Lake Rd, this 1,995 square foot property sits on a 12,632 square foot lot and boasts a convenient location adjacent to Lake Brantley High School, just one lot from the heavily trafficked intersection of SR 434 and Sand Lake Rd (complete with a traffic light). Built in 1998 and renovated in 2022, the single-story building is currently vacant and offers excellent visibility with ample parking (13 spaces). The property is zoned CG and features a versatile interior layout suitable for various uses, including retail, office, restaurant, or even a ghost kitchen. Existing restaurant infrastructure includes two hoods, a walk-in cooler, a grease trap, and multiple sinks. The asking price is $879,000, translating to $440.60 per square foot. This fee-simple ownership opportunity provides a unique chance to establish a business in a high-demand area with strong surrounding demographics. The property's APN is 09-21-29-300-009A-0000.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1988
Construction CONCRETE BLOCKS
Total area 1,995 SF
Lot 0.29 ac (12,632 SF)
APN 09-21-29-300-009A-0000
UPID US18-3425091
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
  • Corporate Caterers Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$638k
Blend (final) Blend
$640k
Owner & transaction history
Robert R Jackson · 7 yrs held
Robert R Jackson
since 2019
3 recorded transactions
2019
Price N/A
2010
Price N/A
1997
$156,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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