227 Semoran BlvdWinter Park, FL 32792

Property Details for 227 Semoran Blvd

Year built

2018

Lot size

1.53 AC

Property size (Sq ft)

8,699 SF

Zone code

C-2

Property type

Retail properties

Property subtype

Turn key restaurants

APN

10-22-30-8827-00-080

APU

102230882700080

Description

This exceptional 6,722-square-foot restaurant space in Winter Park, Florida, presents a unique opportunity for a discerning operator. Located at 227 S Semoran Blvd, this single-tenant property boasts a highly visible location with a large monument sign, ensuring maximum exposure. Built in 2018, the building features an open-air U-shaped bar equipped with 42 beer taps, a spacious dining area with built-in seating, and an expansive patio complete with natural gas hookups, roll-up doors, and over 30 TV stations. The property also includes a large kitchen and prep area, a separate washing station, and two and a half walk-in coolers, providing ample space for food preparation and storage. A manager's office with a multi-point security system offers added convenience and security. The property sits on 1.53 acres of land and offers abundant parking with multiple access points for ease of customer access. The C-1 zoning allows for a variety of uses, making this a versatile and attractive investment. The property includes 95 total parking spaces. This is a turn-key opportunity in the desirable Winter Park submarket of Orange County (APN: 10-22-30-8827-00-080), with easy access and high visibility. The property is currently vacant.

• CAP approach

  CAP return

  Valuation

  6%

  $2,994,050

  6.5%

  $2,763,738

  7%

  $2,566,328

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,822,635

  Geo Method

  $3,442,330

• Alternative Use

  Use

  Valuation

  Residential

  $2,331,317

  Hospitality

  $2,135,474

  Educational

  $1,776,689

  Medical

  $1,837,792

  Retail

  $2,763,738

Location Insight

City

Winter Park

County

Orange

State

Florida

Latitude

28.5946

Longitude

-81.3064

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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