7850 Roseland RdSebastian, FL 32958

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

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.

• 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

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

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