PREMIER Investment Opportunity: High-Visibility Gas Station & Convenience Retail Property with Significant Upside
Location, Location, Location: Seize the opportunity to acquire a rare, free-standing, corner-lot service station ideally positioned at a signalized, high-traffic intersection in the thriving, affluent community of Coral Springs, Florida. This is more than a gas station; it's a foundational retail asset designed for long-term income and value appreciation.
Exceptional Site and Asset Features:
Generous Acreage: The property encompasses a substantial 0.90-acre corner parcel, providing ample space for current operations and future expansion.
Prime Visibility: Boasting over 200 feet of highly valuable main-road frontage on Wiles Road, the property benefits from maximum exposure to dense, year-round daily traffic.
Retail Building: Features a spacious ~2,898 SF retail building area, perfectly configured for high-volume convenience store operations, a quick-service restaurant, and additional building for flower shop or barber shop.
Flexible Zoning: The favorable B-3 Commercial Zoning provides immense flexibility, securing the site's future for continued traditional fuel and convenience operations or enabling a high-visibility repositioning for auto-service, drive-thru retail, or medical/commercial use (subject to city approval).
Annual Average Daily Traffic (AADT): Typically in the range of 27,500 to 35,404 vehicles per day, depending on the exact segment and year of the count.
The Value-Add Proposition: Unlocked Potential
This site presents a compelling value-add component rarely seen in comparable assets:
Expansion Opportunities: The significant lot size and zoning offer a direct opportunity to implement high-profit ancillary services, such as a drive-thru car wash, a dedicated quick-lube bay, or expansion of the c-store to add a food service franchise (pizza, coffee, or deli).
Income Enhancement: Immediate potential to increase revenue streams by adding consumer services like Western Union or a Barber Shop.
Investor Rationale:
A stable income generator combined with exceptional redevelopment potential, this asset is poised to capture the strong economic activity of one of Broward County's most desirable residential markets. The superior demographics—including a Median Household Income approaching $95,000—guarantee a robust customer base with strong purchasing power, supporting higher profit margins on all retail and fuel sales.
Don't miss this chance to own a cornerstone commercial asset in a premier South Florida location.
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7380 Wiles Rd Coral Springs, FL 33067
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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.
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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.
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7380 Wiles Rd Coral Springs, FL 33067
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