1064 Us Highway 17 92 Longwood, FL 32750
- Gas stations
- 2,400 SF
- 0.56 lot acres
Current Use by Public Records
- Citgo / Gas Station
- Crispy Chicken / Gas Station / Chicken Restaurant
- LIL SAMMY LONGWOOD / Gas Station
- RockItCoin Bitcoin ATM / Crypto Atm
Property Details for 1064 Us Highway 17 92
- Year built
- 1988
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.56 lot acres
- Property size
- 2,400 SF
- Property type
- Gas stations
- APN
- 28-20-30-5AS-0A00-0180
- APU
- 2820305AS0A000180
Description
This exceptional investment opportunity presents a thriving gas station and convenience store strategically located on the bustling US Highway 17-92 in Longwood, Florida. The property boasts a substantial 2,400 square feet of retail space situated on a sizable 0.61-acre lot, ensuring ample room for operations and potential expansion. Its prime location on a major highway guarantees high visibility and consistent traffic flow, translating to strong sales and revenue generation. The business enjoys easy access for both customers and delivery vehicles, contributing to efficient operations. Financial performance is underscored by an attractive 8% capitalization rate, indicating a strong return on investment. The property operates under a Net, Net, Net (NNN) lease structure, minimizing the owner's operational responsibilities and maximizing passive income potential. This turnkey operation is ideal for investors seeking a stable, high-performing asset in a desirable location. The asking price for this exceptional business and real estate package is $4,000,000. This presents a rare opportunity to acquire a well-established, high-performing retail business with significant growth potential in a prime Longwood location. The property's size, location, and financial performance make it an attractive investment for discerning buyers.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,240,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,005,000
- 6.5%
- $1,100,000
- 7%
- $1,165,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,245,000
- Geo Method
- $1,220,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,065,000
- Retail
- $1,205,000
- Mixed-Use
- $955,000
- Hospitality
- $1,225,000
- Educational
- $980,000
- Residential Income
- $1,025,000
- Energy
- $1,210,000
- Income-Based Land
- $1,040,000
- Food Service
- $1,100,000
Location Insight
- Map
- Local Demand
- City
- Longwood
- County
- Seminole
- State
- Florida
- Longitude
- -81.3251
- Latitude
- 28.7146
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
