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401 S Volusia Ave

6,000 SF Sports & Entertainment Building Offered at $1,750,000 at a 11.94% Cap Rate in Orange City, FL 32763

Investment Highlights

  • High visibility and high traffic counts
  • Experienced management and staff in place
  • 2 additional acres that can be developed

Executive Summary

This offering is for a turnkey business equipment, AND real estate. Over 6 acres with 2 acres still available for development. PNL statements available upon request. Please ask to receive a full tour outside of business hours in order to inspect equipment and major systems. Over 300 feet of frontage on Hwy 17-92 (Volusia Ave.) near Blue Springs State Park and other attractions. SELLER IS MOTIVATED. PROFIT AND LOSS STATEMENTS INCLUDE GENEROUS OWNER SALARY

Property Facts

Price $1,750,000
Price Per SF $292
Sale Type Investment or Owner User
Cap Rate 11.94%
Sale Conditions Business Value Included
Property Type Sports & Entertainment
Property Subtype
Golf Course/Driving Range
  • Sports & Entertainment Amusement Park
  • Sports & Entertainment Racetrack
Building Class B
Lot Size 6.06 AC
Building Size 6,000 SF
No. Stories 1
Year Built 2009
Tenancy Single
Parking Ratio 8.33/1,000 SF

Amenities

  • Food Court

About 401 S Volusia Ave , Orange City, FL 32763

Recreational Center featuring indoor and outdoor entertainment. Batting cages, Mini Golf, Go-Karts and indoor arcade games. Full snack bar with additional seating and rental space for special events.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
8011-08-25-0320
Land Assessment
$276,490
Improvements Assessment
$545,803
Total Assessment
$822,293

zoning

Zoning Code C-1 (Commercial)
C-1 (Commercial)
  • Listing ID: 32735884

  • Date on Market: 8/8/2024

  • Last Updated:

  • Address: 401 S Volusia Ave, Orange City, FL 32763

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