4650 Jog RdGreenacres, FL 33463

Property Details for 4650 Jog Rd

Year built

2003

Construction

CONCRETE

Lot size

0.84 AC

Property size (Sq ft)

3,026 SF

Zone code

CG

Property type

Retail properties

Property subtype

Drive through restaurants

APN

18-42-44-27-19-000-0010

APU

18424427190000010

Description

This exceptional 3,026-square-foot freestanding fast-food building presents a remarkable investment opportunity in the thriving Greenacres, Florida market. Situated on a sizable 0.84-acre lot at 4650 Jog Rd, near the intersection of Jog Rd and Melaleuca Rd, this single-tenant property boasts 35 parking spaces, ensuring ample customer convenience. The building, zoned for commercial use, is currently vacant and ready for immediate occupancy. Originally constructed in 1993 and renovated in 2017, this second-generation QSR space offers a solid foundation for a new tenant. Its previous use as a Wendy's speaks to its proven suitability for fast-food operations. The property's prime location and ample parking make it an ideal site for a variety of quick-service restaurant concepts. The 3,026 square feet of space provides flexibility for customization and efficient operations. With its drive-thru capability, this property is well-positioned to capitalize on the growing demand for convenient dining options. The 33463 zip code offers strong demographics and high traffic volume, making this a highly desirable location for a successful business venture. This is a rare opportunity to acquire a well-maintained, ready-to-occupy QSR building in a prime location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,373,532

  6.5%

  $1,267,876

  7%

  $1,177,314

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,043,029

  Geo Method

  $2,043,029

• Alternative Use

  Use

  Valuation

  Residential

  $1,069,501

  Hospitality

  $979,657

  Educational

  $815,063

  Medical

  $843,094

  Retail

  $1,267,876

Location Insight

City

Greenacres

County

Palm Beach

State

Florida

Latitude

26.6085

Longitude

-80.1463

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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