939 6Th AveWauchula, FL 33873

Property Details for 939 6Th Ave

Year built

1989

Construction

FRAME

Lot size

1.30 AC

Property size (Sq ft)

3,766 SF

Zone code

I-1

Property type

Drive through restaurants

APN

10-34-25-0000-02510-0000

APU

1034250000025100000

Description

This exceptional 1.3-acre commercial property in Wauchula, Florida, presents a rare opportunity for investors and business owners. Located on a hard corner of US Highway 17, this site boasts unparalleled visibility and accessibility, with a combined daily traffic count of 22,000 vehicles. The property's strategic position places it directly between Sonic Drive-In and Bowl of Fun bowling alley, offering high foot traffic and excellent brand synergy. Its proximity to major national chains like McDonald's, Dunkin' Donuts, KFC, Burger King, and Winn-Dixie further enhances its appeal and potential for success. The previous tenant was a Taco Bell, demonstrating the site's suitability for quick-service restaurants or similar high-traffic businesses. The I-1 zoning allows for a wide range of commercial uses, providing flexibility for diverse business ventures. This property offers significant potential for growth and return on investment, making it an ideal acquisition for those seeking a high-visibility location in a thriving community. The 1.3-acre lot provides ample space for development and expansion, catering to a variety of business needs. This is a truly exceptional opportunity to establish a thriving business in a prime location with high traffic volume and strong surrounding businesses. Don't miss out on this chance to secure a piece of Wauchula's commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $1,498,398

  6.5%

  $1,383,137

  7%

  $1,284,342

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,912,305

  Geo Method

  $1,733,217

• Alternative Use

  Use

  Valuation

  Residential

  $1,166,728

  Hospitality

  $1,068,716

  Educational

  $889,160

  Medical

  $919,739

  Retail

  $1,383,137

Location Insight

City

Wauchula

County

Hardee

State

Florida

Latitude

27.5359

Longitude

-81.8086

CBSA code

48100

CBSA name

WAUCHULA, FL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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