Property profile

621 Countty Rd Lake Placid, FL 33852

OFF-MARKET
Mixed-use properties
Built 1978
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Property summary

AI-generated overview

This exceptional turnkey investment opportunity in Lake Placid, Florida, presents a rare chance to acquire a thriving mixed-use property at $1,300,000. Located at 0 E County Rd 621, zip code 33852, this 1-unit property, built in 1978, encompasses a fully operational gas station, convenience store, and restaurant. The sale includes the business, all existing equipment, and the real estate itself. The current restaurant business and its equipment are part of the sale, ensuring a seamless transition for the new owner. The seller will provide assistance with the transfer of contracts and vendor relationships, streamlining the acquisition process. This property generates additional revenue streams through a carwash and a U-Haul rental operation, enhancing its overall profitability. The lot size is not specified. This is a unique opportunity to own a well-established and profitable business with multiple income streams in a desirable location. The property is situated in Highlands County, Florida, offering a strong foundation for continued success and growth. This turnkey operation minimizes the start-up challenges, allowing for immediate revenue generation and a swift return on investment.

Property profile

Verified
Property type Mixed-use properties
Year built 1978

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

621 Countty Rd Lake Placid, FL 33852
Lake Placid metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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