888 County Road 310Interlachen, FL 32148

Property Details for 888 County Road 310

Year built

2006

Construction

WOOD

Lot size

1.00 AC

Property size (Sq ft)

2,612 SF

Property type

Turn key restaurants

APN

11-11-24-0000-005.0-000.0

APU

111124000000500000

Description

This exceptional turn-key restaurant opportunity in Interlachen, Florida, is offered at $795,000. Located at 888 County Road 310, this property boasts a prime location less than an hour west of St. Augustine, near the intersection of County Roads 310 and 315. The property includes a one-acre lot providing ample parking for patrons. The restaurant itself offers a charming "Cracker Barrel" feel, complemented by a successful gift shop. Known for its delicious barbecue and beer and wine sales, this established business presents a significant opportunity for a new owner. The current owner is willing to assist with the transition, and seller financing may be available. The asking price of $795,000 includes all buildings, land, and the established business. The property is zoned for commercial use and is a single-tenancy operation. This is a rare opportunity to acquire a thriving restaurant with significant potential for growth in a desirable location. Don't miss this chance to own a piece of Interlachen's culinary scene.

• CAP approach

  CAP return

  Valuation

  6%

  $661,137

  6.5%

  $610,280

  7%

  $566,689

• Comparable approach

  Method

  Valuation

  Relative Method

  $447,658

  Geo Method

  $447,658

• Alternative Use

  Use

  Valuation

  Residential

  $514,794

  Hospitality

  $471,549

  Educational

  $392,323

  Medical

  $405,816

  Retail

  $610,280

Location Insight

City

Interlachen

County

Putnam

State

Florida

Latitude

29.5519

Longitude

-81.8758

CBSA code

37260

CBSA name

PALATKA, FL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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