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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Florida A1A Melbourne Beach, FL 32951

3,200 SF 1.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional Class A gas station, located in Indialantic, Brevard County, Florida, presents a lucrative investment opportunity. Boasting 3,200 square feet on a 1.5-acre lot, this single-story building features eight gas pumps and ample parking for 24 vehicles. The property enjoys a prime beachfront location on Florida A1A, with over 174 feet of road frontage ensuring high visibility and traffic. Currently operating at 100% occupancy with a strong tenant history, this owner-user investment offers a substantial NOI of $225,370 and a compelling 11.27% cap rate. The asking price is $2,000,000, translating to $625 per square foot. The existing convenience store adds to the property's revenue streams. Zoned for existing use, this turnkey operation is ideal for an owner-operator seeking a profitable and established business in a high-growth area projected to experience a 12% increase in growth over the next three years. The property is exceptionally clean and fully functional, offering a seamless transition for the new owner. No jobbers are permitted.

Property profile
Verified
Property type Retail properties & Spaces
Total area 3,200 SF
Lot 1.5 ac (65,340 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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