711 Sugarland HwyClewiston, FL 33440

Property Details for 711 Sugarland Hwy

Year built

2007

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.45 AC

Property size (Sq ft)

4,582 SF

Zone code

CL-C

Property type

Retail properties

Property subtype

Turn key restaurants

APN

3 34 43 01 010 0156-008.0

APU

334430101001560080

Description

This exceptional 4,582-square-foot restaurant building, located at 711 E Sugarland Hwy in Clewiston, Florida (zip code 33440), presents a unique investment opportunity. Built in 2007, this single-story structure sits on a 0.459-acre lot and is zoned for commercial use (Commercial CL-C). The property boasts outstanding frontage and visibility on US Highway 27, a high-traffic area with a daily count of 20,500 vehicles. The building features a spacious open floor plan, a private room, a full-sized kitchen, ample prep and food storage areas, a walk-in cooler and freezer, and an exterior storage room. Additional features include an elevator lift to an upper-level dry storage area, elegant French doors, attractive tiled finishes and countertops, crown molding, interior pillars and arches, and upgraded bathrooms. The building is in excellent condition, having been lightly used and meticulously maintained. All furniture and equipment are included in the sale price of $1,050,000. The property is currently vacant, offering immediate occupancy for a new owner. The APN is 3-34-43-01-010-00156-0080.-0. Serious inquiries only with proof of funds.

• CAP approach

  CAP return

  Valuation

  6%

  $2,070,694

  6.5%

  $1,911,410

  7%

  $1,774,881

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,212,044

  Geo Method

  $3,212,044

• Alternative Use

  Use

  Valuation

  Residential

  $1,612,346

  Hospitality

  $1,476,900

  Educational

  $1,228,764

  Medical

  $1,271,022

  Retail

  $1,911,410

Location Insight

City

Clewiston

County

Hendry

State

Florida

Latitude

26.7546

Longitude

-80.9236

CBSA code

17500

CBSA name

CLEWISTON, FL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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