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Vacant Restaurant on 6+ Acres 2633 Highway 231 3,834 SF Retail Building Cottondale, FL 32431 $1,116,736 CAD ($291.27 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Redevelopment Opportunity for Owner User or Investor
  • Fronting the Main Hwy 231 with a combined traffic count of 37,087 on Hwy 231 & Interstate 10
  • The area serves as a frequent rest stop for travelers
  • Existing 3,834 SQFT Restaurant Available for Occupancy with Quick Trip Travel Center Coming Soon across the street
  • Within one-half mile of Interstate 10, one of Florida’s major east-west corridors stretching 362 miles, providing vital connectivity to key markets

EXECUTIVE SUMMARY

Highest and best use for this property could include development of an additional retail component alongside the existing restaurant. Given its prime location and the surrounding commercial infrastructure, this site offers significant potential for increased revenue through complementary retail ventures that cater to the high volume of passing traffic and local demand. The growing population and increasing commercial activity in Cottondale further enhance the attractiveness of this property for future development.
Quick Trip Travel Center COMING SOON across the street.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,834 SF
Building Class
B
Year Built
1987
Price
$1,116,736 CAD
Price Per SF
$291.27 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
6.11 AC
Zoning
AG2 - Commercial Uses Allowed Including Retail, Gas Station, Restaurant (Drive-Thru), Office, and More.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-4N-11-0000-0060-0000
Land Assessment
$634,210 CAD
Improvements Assessment
$305,642 CAD
Total Assessment
$939,852 CAD
  • Listing ID: 33365239

  • Date on Market: 2024-10-01

  • Last Updated:

  • Address: 2633 Highway 231, Cottondale, FL 32431

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