7850 Roseland RdSebastian, FL 32958
- Retail properties
- 800 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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