3708 Town Center BlvdOrlando, FL 32837

  • Retail space
  • 10,912 SF
For Sale
$195,000 View listing

Property Details for 3708 Town Center Blvd

Year built
2005
Lot size
0.90 AC
Property size (Sq ft)
10,912 SF
Zone code
P-D
Property type
Retail space
APN
28-24-29-2341-00-070
APU
282429234100070

Description

This thriving Italian restaurant, located at 3708 Town Center Blvd in Orlando, Florida (zip code 32837), presents a unique turnkey business opportunity. The 1,000-square-foot space is currently configured for takeout, offering low overhead and easy operation, but easily adaptable for dine-in service. The restaurant boasts a fully equipped kitchen with top-of-the-line equipment, ready for immediate use. Situated in the heart of Hunters Creek, just one block from John Young Parkway, this location ensures high visibility and foot traffic. The asking price is $195,000, with a current lease of $3,000 per month (including CAM charges). The business operates within a single-story building and is structured as a C-Corp. The restaurant has a 4.8-star Google rating, demonstrating its established reputation and customer satisfaction. This is an exceptional opportunity for an investor seeking a profitable, established business in a high-demand area. The seller is motivated and eager to find a buyer to continue the restaurant's success. Appointments are required for showings, available Monday through Saturday between 10:00 am and 12:30 pm.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,688,118
    6.5%
    $4,327,494
    7%
    $4,018,387
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,637,221
    Geo Method
    $4,318,048
  • Alternative Use

    Use
    Valuation
    Residential
    $3,650,403
    Hospitality
    $3,343,749
    Educational
    $2,781,960
    Medical
    $2,877,636
    Retail
    $4,327,494

Location Insight

City
Orlando
County
Orange
State
Florida
Latitude
28.3652
Longitude
-81.4206
CBSA code
36740
CBSA name
ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$23,629
$604,712
$919,008
$1,523,720
-
$604,712
$919,008
$1,523,720

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