7850 Roseland RdSebastian, FL 32958

  • Retail properties
  • 800 SF
For Lease

Property Details for 7850 Roseland Rd

Year built
1994
Construction
WOOD
Lot size
0.68 AC
Property size (Sq ft)
800 SF
Zone code
CG
Property type
Retail properties
Property subtype
Drive through restaurants
APN
30-38-25-00000-0040-00005.0
APU
9223372036854775807

Description

This exceptional restaurant opportunity is located within the thriving Roseland Plaza, a 63,195 square foot shopping center in Sebastian, Florida. The property boasts a prime location at a major intersection of US-1 and Roseland Road, offering unparalleled visibility and accessibility. With two access points from US-1 and two from Roseland Road, this 2-acre out parcel enjoys high traffic counts driven by the plaza's full occupancy and its proximity to key businesses. The plaza is anchored by a Bealls Outlet and is strategically situated between Sebastian River Medical Center, Publix, and Home Depot, ensuring a consistent flow of potential customers. The property includes ample parking with 328 spaces available for patrons. This is a rare chance to establish or expand a restaurant business in a high-demand area with excellent visibility and strong surrounding demographics. Currently, one restaurant space is available within the larger plaza. The property is situated in Indian River County, Florida, with the address being 7850 Roseland Rd, Sebastian, FL 32958. This is a multi-tenant property offering a unique opportunity for a restaurant to thrive in a bustling commercial environment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $323,212
    6.5%
    $298,350
    7%
    $277,039
  • Comparable approach

    Method
    Valuation
    Relative Method
    $316,572
    Geo Method
    $316,572
  • Alternative Use

    Use
    Valuation
    Residential
    $251,669
    Hospitality
    $230,528
    Educational
    $191,796
    Medical
    $198,392
    Retail
    $298,350
7850 Roseland Rd, Sebastian, Florida

Location Insight

City
Sebastian
County
Indian River
State
Florida
Latitude
27.8417
Longitude
-80.4866
CBSA code
42680
CBSA name
SEBASTIAN-VERO BEACH, 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
$6,684
$227,044
$178,510
$405,554
-
$227,044
$178,510
$405,554

FAQs

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