Gas Station
For Sale
$360,000
632 N Dixie Hwy, Lake Worth, FL 33460
Existing gas station property with a 1950 construction year.
Property Size1,792 SF
Price / SF$200.89
Days on Market48
Property Features for 632 N Dixie Hwy
General Information
Standard status
Active
Size
1,792 SF
Property subtype
Business Opportunity
Building Details
Year Built
1950
Listing Agency:
Blue Water Holding Group
Listed By:
Sheldon Andre · License #3406747
(561) 951-5352
Source:
Thepennteam
Added: Sep 14
Changed: Oct 26
Last Checked: Oct 7 at 2:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Blue Water Holding Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This gas station property is identified at 632 N Dixie Hwy, FL 33460. The record reports a property size of 1,792 and a 1950 construction year.
The asset is classified as a gas station, with additional property-type categorization covering automotive and retail uses.
The asset is classified as a gas station, with additional property-type categorization covering automotive and retail uses.
Key Highlights
- Gas station property at 632 N Dixie Hwy, FL 33460
- Property size reported as 1,792
- Year built: 1950
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,301
Cap Rate
8.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$606,020
$606.0K
Cap Rate 7%
$432,871
$432.9K
Cap Rate 9%
$336,678
$336.7K
Market Conditions
NOI Build-Up for 1,792 SF
Gross rent
$47.3K $26.40/SF
− Vacancy
−$4.0K −$2.24/SF
EGI
$43.3K $24.16/SF
− OpEx
−$13.0K −$7.25/SF
NOI
$30.3K $16.91/SF
Area
Palm Beach County, FL
Vacancy
8.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$606,020
Cap Rate 7%
$432,871
Cap Rate 9%
$336,678
Alternative Uses
Best Use
Specialty Retail
$492.8K
$431.2K – $575.0K
NOI $34,498 @ 7.0% cap · market cap 9.58%
Second Best
Retail
$432.9K
$378.8K – $505.0K
NOI $30,301 @ 7.0% cap · market cap 8.42%
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $88,342 @ 7.0% cap · market cap 24.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,854
Businesses Nearby
89k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 43%
Shops & Services 31%
Dining 21%
Home Improvements & Furnishings 4%
Publix
Groceries
38,069 visits/mo
0.3 miles
Starbucks
Dining
10,491 visits/mo
0.4 miles
Wells Fargo
Shops & Services
8,020 visits/mo
0.4 miles
Burger King
Dining
7,850 visits/mo
0.3 miles
7-Eleven
Shops & Services
7,680 visits/mo
0.3 miles
Demographics for 33460, FL
36,409
Population
14,769
Households
2.5
Avg Household Size
36
Median Age
24%
College-Educated
72%
High-School Grad
4.7 sq mi
ZIP Area
7,747
Density / Sq Mi
$61,702
Median Household Income
$32,388
Median Earnings
$1,411
Median Rent
$333,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Gas station - Existing gas station property with a 1950 construction year.
Where is this gas station located?
The property is located at 632 N Dixie Hwy Lake Worth, FL.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Gas station property at 632 N Dixie Hwy, FL 33460; Property size reported as 1,792; Year built: 1950
