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    15035 Us Highway 301 Waldo, FL 32694

    For Sale
    $875,000

    Vacant Gas Station, High Traffic Area

    Property size:
    3,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 3,000 square foot retail property, located at 15035 NE US Hwy 301 in Waldo, Florida (32694), presents a compelling value-add investment opportunity. Situated on a 0.47-acre corner lot, this freestanding building boasts a highly visible location next to the post office, ensuring maximum exposure. Previously utilized as a convenience store and gas station, the property is currently vacant, offering a blank canvas for redevelopment. All underground fuel tanks have been removed, simplifying the redevelopment process. The property benefits from significant traffic volume, with a 2023 AADT (Average Annual Daily Traffic) count of 24,500 vehicles on US Hwy 301. The building, constructed in 1996, features two stories and is zoned COMM. The asking price is $875,000, translating to $291.67 per square foot. This represents a unique chance to acquire a strategically positioned retail space in a high-traffic area with significant redevelopment potential. The Alachua County property (APN: 17064-001-000) offers a single tenancy and is ready for its next chapter. Don't miss this chance to capitalize on this prime location.

    Property Features for 15035 Us Highway 301

    General Information

    Property type
    Automotive properties
    Square Feet
    3,000 SF
    Lot Size
    20,473 SF

    Building Details

    Year Built
    1996
    Buildings
    1
    Stories
    2

    HighLights

    • 3,000 SF freestanding retail building on a 0.47‑acre corner lot in Waldo, FL.
    • High‑visibility location next to the post office.
    • Previously a convenience store/gas station; currently vacant and ready for redevelopment.
    • All underground fuel tanks removed.
    • High traffic count (24,500 AADT on US Hwy 301).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Gas stations

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Hotel & Motel Auto Parts Store Nail Salon Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Waldo
    County
    Alachua
    State
    Florida
    Longitude
    -82.1670291
    Latitude
    29.7931183

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    FAQs

    What type of property is this?
    Automotive property - Vacant Gas Station, High Traffic Area
    Where is this automotive property located?
    The property is located at 15035 Us Highway 301 Waldo, FL.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: 3,000 SF freestanding retail building on a 0.47-acre corner lot in Waldo, FL.; High-visibility location next to the post office.; Previously a convenience store/gas station; currently vacant and ready for redevelopment.
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    Waldo, FL 32694
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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
    15035 Us Highway 301 Waldo, FL 32694
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