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    1904 Patrick Dr Indian Harbour Beach, FL 32937

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    For Sale
    Contact for pricing

    High-traffic C-Store & Gas Station in Satellite Beach, FL

    Property size:
    3,029 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail investment opportunity encompasses a 3,029 square foot convenience store and gas station situated on a 0.55-acre lot at 1904 S Patrick Dr, Satellite Beach, Florida, 32937. The property boasts six canopy gas pumps, benefiting from a high daily traffic count of 28,645 vehicles, thanks to its strategic location at a signalized intersection. Its prime location offers excellent visibility and accessibility, adjacent to the Indian Harbour Marina & Yacht Club. The property presents a compelling value-add opportunity with an open fuel supply. This thriving business enjoys a strong surrounding demographic profile, with an average household income exceeding $96,000 and a population of 40,000 within a 3-mile radius. Further enhancing its appeal is the projected 7% population growth within the next five years. The property's proximity to numerous national retailers, including Publix, Walmart, Panera Bread, 7-Eleven, and Starbucks, ensures consistent customer traffic. Adding to its desirability is its adjacency to the newly developed Zon Beachside Residences, a 123-unit luxury independent living facility, providing a substantial and stable customer base. This turnkey operation offers a rare chance to acquire a well-established and profitable business in a high-growth area.

    Property Features for 1904 Patrick Dr

    General Information

    Property type
    Automotive properties
    Square Feet
    3,029 SF
    Lot Size
    23,958 SF

    HighLights

    • Signalized intersection location adjacent to Indian Harbour Marina & Yacht Club.
    • 28,645 daily vehicle traffic count.
    • Six canopy gas pumps.
    • Excellent value‑add opportunity with open fuel supply.
    • Surrounded by national retailers including Publix, Walmart, Panera Bread, 7‑Eleven, and Starbucks.
    • Strong demographics: $96,000 average household income and 40,000 population within a 3‑mile radius; 7% projected population growth in 5 years.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Indian Harbour Beach
    County
    Brevard
    State
    Florida
    Longitude
    -80.6002746
    Latitude
    28.150707

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    FAQs

    What type of property is this?
    Automotive property - High-traffic C-Store & Gas Station in Satellite Beach, FL
    Where is this automotive property located?
    The property is located at 1904 Patrick Dr Indian Harbour Beach, FL.
    What are key features of this property?
    This property features: Signalized intersection location adjacent to Indian Harbour Marina & Yacht Club.; 28,645 daily vehicle traffic count.; Six canopy gas pumps.
    Request Owner's contact information
    1904 Patrick Dr Indian Harbour Beach, FL 32937
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    Indian Harbour Beach, FL 32937
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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
    1904 Patrick Dr Indian Harbour Beach, FL 32937
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