1115 State Road 436Altamonte Springs, FL 32701

Property Details for 1115 State Road 436

Year built

1979

Construction

CONCRETE BLOCKS

Lot size

0.58 AC

Property size (Sq ft)

375 SF

Property type

Drive through restaurants

APN

17-21-29-501-0D00-019A

APU

1721295010D00019A

Description

This exceptional Class A restaurant property, located at 1115 W State Rd 436 in Altamonte Springs, Florida, presents a compelling investment opportunity. Priced at $1,250,000, this 1,200 square foot standalone building sits on a 0.58-acre lot, offering significant visibility and accessibility. Its strategic location in the bustling Altamonte Springs market ensures high foot traffic and strong potential for success. The property is categorized as a second-generation restaurant, providing a ready-to-use space with existing infrastructure. The asking price translates to $1,041.67 per square foot, reflecting the prime location and the property's inherent value. This turnkey solution is ideal for established restaurant operators seeking a high-visibility location or entrepreneurs looking to launch a new venture. The 0.58-acre lot provides ample space for outdoor seating or potential expansion, further enhancing its appeal. The property's existing infrastructure minimizes upfront investment, allowing for a quicker return on investment. This is a rare opportunity to acquire a well-positioned restaurant property in a thriving market. The property's location in Seminole County, Florida, with a zip code of 32701, offers easy access to major transportation routes and a strong customer base. This is a must-see for any serious investor looking for a profitable restaurant venture in a prime location.

• CAP approach

  CAP return

  Valuation

  6%

  $93,834

  6.5%

  $86,616

  7%

  $80,429

• Comparable approach

  Method

  Valuation

  Relative Method

  $105,490

  Geo Method

  $105,490

• Alternative Use

  Use

  Valuation

  Residential

  $73,064

  Hospitality

  $66,926

  Educational

  $55,682

  Medical

  $57,597

  Retail

  $86,616

Location Insight

City

Altamonte Springs

County

Seminole

State

Florida

Latitude

28.6666

Longitude

-81.4281

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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