632 Hewett DrOrlando, FL 32807

Property Details for 632 Hewett Dr

Year built

1980

Lot size

0.25 AC

Property size (Sq ft)

2,620 SF

Zone code

C-1

Property type

Turn key restaurants

APN

27-22-30-3504-02-020

APU

272230350402020

Description

This freestanding restaurant, located at 632 Hewett Dr, Orlando, FL 32807, presents a unique owner-user opportunity. The 2,620 square foot building sits on a 0.25-acre lot and boasts a fully equipped commercial kitchen, including a grease trap (detailed equipment list available upon request). Two ADA-compliant restrooms are also included. Built in 1980, the property is zoned C-1 (Retail Commercial) and features two attached coolers. Its convenient location just off N Semoran Blvd (FL-436), south of E Colonial Dr (SR 50), offers excellent accessibility. Less than 3 miles from Orlando Executive Airport and Baldwin Park, and under 5 miles from Downtown Orlando, this location benefits from easy access to major transportation arteries including the 408, I-4, and 417 via the nearby FL-436 connector. The asking price is $799,000, translating to $304.96 per square foot. This well-maintained property has served as a successful 7-unit restaurant for many years, making it an ideal investment for a seasoned restaurateur or a new venture seeking a turnkey operation in a high-traffic area of Orlando, Orange County.

• CAP approach

  CAP return

  Valuation

  6%

  $915,087

  6.5%

  $844,696

  7%

  $784,361

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,036,775

  Geo Method

  $1,036,775

• Alternative Use

  Use

  Valuation

  Residential

  $712,533

  Hospitality

  $652,676

  Educational

  $543,019

  Medical

  $561,694

  Retail

  $844,696

Location Insight

City

Orlando

County

Orange

State

Florida

Latitude

28.5528

Longitude

-81.3098

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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