3483 Williston RdGainesville, FL 32608

Property Details for 3483 Williston Rd

Year built

1965

Construction

WOOD

Lot size

0.59 AC

Property size (Sq ft)

4,304 SF

Zone code

BH

Property type

Turn key restaurants

APN

07143-010-000

APU

7143010000

Description

This turnkey restaurant opportunity in Gainesville, Florida, presents a compelling investment prospect. Priced at $1,500,000, this 4,979 square foot free-standing building sits on a 0.89-acre lot with excellent visibility and accessibility. Located directly off Interstate 75, exit 382 (Williston Road), the property benefits from a combined average daily traffic count of approximately 67,700 vehicles. The building features a spacious layout including an entrance foyer, two dining rooms, a cashier/hostess area, a large, well-equipped kitchen and prep area, dry storage, a 480 square foot covered outdoor patio, walk-in cooler/freezer, and restrooms. Ample parking is provided with 49 paved spaces. The property boasts 210 feet of road frontage and includes pylon and on-building signage. Furniture, Fixtures, and Equipment (FF&E) are included in the sale price. Its strategic location offers proximity to major Gainesville thoroughfares, placing it just 3.7 miles from the University of Florida, Shands Teaching Hospital, and the VA Medical Center. The property is zoned BH (Highway Oriented Business) and has APN numbers 07143-010-000 and 07143-014-000. Within a 5-mile radius, there are 47,158 total households. This established restaurant presents a rare opportunity to acquire a well-positioned, fully equipped commercial property in a high-traffic area with significant growth potential.

• CAP approach

  CAP return

  Valuation

  6%

  $1,366,290

  6.5%

  $1,261,190

  7%

  $1,171,106

• Comparable approach

  Method

  Valuation

  Relative Method

  $737,642

  Geo Method

  $737,642

• Alternative Use

  Use

  Valuation

  Residential

  $1,063,861

  Hospitality

  $974,491

  Educational

  $810,765

  Medical

  $838,649

  Retail

  $1,261,190

Location Insight

City

Gainesville

County

Alachua

State

Florida

Latitude

29.6007

Longitude

-82.3742

CBSA code

23540

CBSA name

GAINESVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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