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Corner Gas Station and Convenience Store

9495 Waukeenah Highway Monticello, FL 32344

9495 Waukeenah Highway, Monticello, FL, 32344
$1,500,000
For Sale
$1,500,000

COMMERCIAL - Monticello, FL

Property Size4,880 SF
Lot Size1.74 Acres
Price / SF$307.38
Days on Market47

Property Features for 9495 Waukeenah Highway

General Information

Property type
Commercial Sale
Property subtype
Other
Parking
12
Standard status
Active
Lot size
1.74 Acres

Utilities

Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Number of units
1
Building materials
Block, Concrete
Listing Agency Waypoint Properties
3004 Crawfordville Hwy, FL
Listed by Elaine Gary · License #3083458
Added: Jun 2 Checked: Jul 18 at 3:06 pm
MLS# 402579

Copyright © 2026 Tallahassee Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This corner gas station and convenience store features eight gas pumps supporting a 4,880-square-foot, heat-cooled concrete block building. The site includes on-site fuel infrastructure and is offered for sale in “AS IS” condition with the right to conduct inspections.

The property is located on the corner of US Hwy 27 and Waukeenah Hwy in Monticello, Florida. The listing notes a high traffic count for the location.

The operation is described as capable of averaging 80,000 gallons of gas per month when fully operational. The remarks also indicate pumps and tanks were upgraded in 2022, and that a national branded AMCO TO GO C-Store is planned if the buyer chooses to operate it as a gas station.

Key Highlights

  • 8‑pump gas station/convenience store on the corner of US Hwy 27 and Waukeenah Hwy
  • 1.74‑acre site with a 4,880 SF heat‑cooled concrete block building
  • When fully operational, averages 80,000 gallons of gas per month

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $79.1k $16.20
− Vacancy −$4.7k −$0.97
EGI $74.3k $15.23
− OpEx −$18.6k −$3.81
NOI $55.7k $11.42
4,880 SF · lease $16.20/SF/yr · vacancy 6.00% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$796.2K
$696.7K – $928.9K (±1% cap)
NOI $55,734 @ 7.0% cap · market cap 3.72%
Second Best
Retail
$677.1K
$592.5K – $790.0K (±1% cap)
NOI $47,397 @ 7.0% cap · market cap 3.16%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M (±1% cap)
NOI $83,745 @ 7.0% cap · market cap 5.58%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Amoco Gas Station Walker's Gas Grocery & Convenience Store WALKERMART Gas Station

Suggested Use

Storage Facility Kitchen & Bath Showroom Home Appliance Store Auto Repair Shop Grocery & Convenience Store Accounting Firm Law Firm Department Store

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

FAQs

What type of property is this?
Gas station - 8-pump gas station with a heat-cooled concrete block convenience store on a corner lot.
Where is this gas station located?
The property is located at 9495 Waukeenah Highway Monticello, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 8‑pump gas station/convenience store on the corner of US Hwy 27 and Waukeenah Hwy; 1.74‑acre site with a 4,880 SF heat‑cooled concrete block building; When fully operational, averages 80,000 gallons of gas per month
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