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    621 Countty Rd Lake Placid, FL 33852

    For Sale
    $1,300,000

    Turnkey Gas Station, Convenience Store & Restaurant

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional turnkey investment opportunity in Lake Placid, Florida, presents a rare chance to acquire a thriving mixed-use property at $1,300,000. Located at 0 E County Rd 621, zip code 33852, this 1-unit property, built in 1978, encompasses a fully operational gas station, convenience store, and restaurant. The sale includes the business, all existing equipment, and the real estate itself. The current restaurant business and its equipment are part of the sale, ensuring a seamless transition for the new owner. The seller will provide assistance with the transfer of contracts and vendor relationships, streamlining the acquisition process. This property generates additional revenue streams through a carwash and a U-Haul rental operation, enhancing its overall profitability. The lot size is not specified. This is a unique opportunity to own a well-established and profitable business with multiple income streams in a desirable location. The property is situated in Highlands County, Florida, offering a strong foundation for continued success and growth. This turnkey operation minimizes the start-up challenges, allowing for immediate revenue generation and a swift return on investment.

    Property Features for 621 Countty Rd

    General Information

    Property type
    Mixed-use properties

    Building Details

    Year Built
    1978
    Units
    1

    HighLights

    • $1,300,000 asking price.
    • Mixed‑use property.
    • One unit.
    • Built in 1978.
    • Includes gas station, convenience store, and restaurant; business, equipment, and real estate included.
    • Additional income from carwash and U‑Haul.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lake Placid
    County
    Highlands
    State
    Florida
    Longitude
    -81.3079639
    Latitude
    27.2963144

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    FAQs

    What type of property is this?
    Mixed-use property - Turnkey Gas Station, Convenience Store & Restaurant
    Where is this mixed-use property located?
    The property is located at 621 Countty Rd Lake Placid, FL.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: $1,300,000 asking price.; Mixed-use property.; One unit.
    Request Owner's contact information
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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

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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.

    More about this property
    621 Countty Rd Lake Placid, FL 33852
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