Property Gas Sta Homestead, FL 33034
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for Property Gas Sta
- Year built
- 1989
- Property type
- Commercial real estate
Description
This exceptional commercial property in Homestead, Florida, presents a lucrative investment opportunity. Priced at $6,000,000, this renovated gas station boasts a prime location just minutes from Miami and the Florida Keys, ensuring high traffic volume and strong potential for continued growth. The property includes a well-established convenience store, a full-service cafeteria specializing in Latin cuisine, a food franchise, and a substantial beer cave, all operating under one roof. The existing businesses provide a diverse revenue stream and a solid foundation for future expansion. Furthermore, the property already has an approved permit for a live bait and tackle shop, capitalizing on the success of a similar nearby business generating approximately $5 million in annual revenue. The ample lot size offers significant potential for additional development, such as a car detailing and hand car wash, as outlined in the provided proforma financials. This turnkey operation offers a unique blend of established businesses and exciting expansion possibilities, making it an ideal investment for discerning buyers seeking a high-return, multi-faceted commercial venture in a rapidly growing South Florida market. The property's strategic location and diverse revenue streams position it for continued success and significant long-term growth. Detailed financial projections are available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Homestead
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.4712
- Latitude
- 25.47