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    698 Ferdon Blvd Crestview, FL 32536

    For Sale
    $1,400,000

    Profitable Florida Gas Station, $1.4M

    Property size:
    2,342 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This thriving Exxon Mobile gas station in Crestview, Florida, presents a unique investment opportunity. Priced at $1,400,000, this Class B, single-tenant property boasts 2,342 square feet on a 0.61-acre lot. Built in 1998 and renovated in 2008, the property features a 100% occupancy rate with a 4.00% cap rate. The NNN lease structure ensures a low-maintenance investment. Key features include two gas pumps, a beer cave, two walk-in coolers, and a full-service commercial kitchen operating a Krispy Krunchy Chicken franchise. The property also benefits from a large front and rear parking lot, a recently replaced roof, and tile restrooms. Its prime location near I-10, major restaurants, Eglin Air Force Base, and the popular tourist destinations of Pensacola and Destin, Florida, ensures high traffic volume. A new Exxon sign is expected in October 2024. The property is zoned COM and is being sold as an owner-user sale. A non-disclosure agreement and proof of funds will be required. Serious inquiries only.

    Property Features for 698 Ferdon Blvd

    General Information

    Property type
    Automotive properties
    Square Feet
    2,342 SF
    Class
    B
    Lot Size
    26,572 SF

    Building Details

    Year Built/Renovated
    1998/2008
    Buildings
    1
    Stories
    1

    HighLights

    • High‑traffic Crestview, FL gas station for sale, including business and real property.
    • New Exxon sign installation scheduled for October 2024.
    • Features ample front and rear parking, excellent roof condition, and tile restrooms.
    • Includes two gas pumps, beer cave, two walk‑in coolers, and a commercial kitchen with Krispy Krunchy Chicken.
    • 0.61‑acre lot ideally situated near I‑10, major restaurants, and Eglin AFB.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Krispy Krunchy Chicken Chicken Restaurant CoinFlip Bitcoin ATM Atm FLA Convenience Convenience Store Exxon Gas Station

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Crestview
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.5671139
    Latitude
    30.7692344

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    FAQs

    What type of property is this?
    Automotive property - Profitable Florida Gas Station, $1.4M
    Where is this automotive property located?
    The property is located at 698 Ferdon Blvd Crestview, FL.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: High-traffic Crestview, FL gas station for sale, including business and real property.; New Exxon sign installation scheduled for October 2024.; Features ample front and rear parking, excellent roof condition, and tile restrooms.
    Request Owner's contact information
    698 Ferdon Blvd Crestview, FL 32536
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    Crestview, FL 32536
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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
    698 Ferdon Blvd Crestview, FL 32536
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