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    1064 Us Highway 17 92 Longwood, FL 32750

    For Sale
    $4,000,000

    Busy Retail Property, 8% Cap Rate, NNN

    Property size:
    2,400 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional investment opportunity presents a thriving gas station and convenience store strategically located on the bustling US Highway 17-92 in Longwood, Florida. The property boasts a substantial 2,400 square feet of retail space situated on a sizable 0.61-acre lot, ensuring ample room for operations and potential expansion. Its prime location on a major highway guarantees high visibility and consistent traffic flow, translating to strong sales and revenue generation. The business enjoys easy access for both customers and delivery vehicles, contributing to efficient operations. Financial performance is underscored by an attractive 8% capitalization rate, indicating a strong return on investment. The property operates under a Net, Net, Net (NNN) lease structure, minimizing the owner's operational responsibilities and maximizing passive income potential. This turnkey operation is ideal for investors seeking a stable, high-performing asset in a desirable location. The asking price for this exceptional business and real estate package is $4,000,000. This presents a rare opportunity to acquire a well-established, high-performing retail business with significant growth potential in a prime Longwood location. The property's size, location, and financial performance make it an attractive investment for discerning buyers.

    Property Features for 1064 Us Highway 17 92

    General Information

    Property type
    Retail properties
    Square Feet
    2,400 SF
    Lot Size
    26,572 SF

    Building Details

    Year Built
    1988
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Citgo Gas Station Crispy Chicken Gas Station LIL SAMMY LONGWOOD Gas Station RockItCoin Bitcoin ATM Crypto Atm

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Longwood
    County
    Seminole
    State
    Florida
    Longitude
    -81.32527
    Latitude
    28.71455

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    FAQs

    What type of property is this?
    Retail property - Busy Retail Property, 8% Cap Rate, NNN
    Where is this retail property located?
    The property is located at 1064 Us Highway 17 92 Longwood, FL.
    What is the asking price?
    The asking price for this property is $4,000,000.
    (407) 622-2122
    Request Owner's contact information
    1064 Us Highway 17 92 Longwood, FL 32750
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    Longwood, FL 32750
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1064 Us Highway 17 92 Longwood, FL 32750
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