1401 Oak St Arcadia, FL 34266-8901
Property profile & analytics
1401 Oak St Arcadia, FL 34266-8901
- Grocery and convenience stores
- 4,301 SF
- 0.80 lot acres
Property ID
US18-2988448
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Circle K / Gas Station
- Cardtronics / Atm
- ATM (Circle K) / Atm
Property Details for 1401 Oak St
- Year built
- 1972
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.80 lot acres
- Property size
- 4,301 SF
- Zone code
- PUD
- Property type
- Grocery and convenience stores
- APN
- 31-37-25-0016-1040-0010
- APU
- 313725001610400010
Description
This exceptional investment opportunity presents a fee-simple, Class A, absolute NNN leased Circle K gas station located at 1401 E Oak St, Arcadia, FL 34266. Boasting a 5.00% cap rate and a strong NOI of $51,159, this property offers significant upside potential. The 4,301 square foot building sits on a 0.8-acre lot and benefits from a corporate guarantee from Circle K, a nationally recognized brand with over 9,700 stores. The lease, with a remaining term of 2.7 years, includes 3 and 5-year options with 8% rent bumps in each. Built in 1972, this location consistently ranks in the top 7% of all Circle K stores nationwide, demonstrating its exceptional performance and long-term viability. The property enjoys a prime location on a heavily trafficked section of Oak Street (22,500 vehicles per day), surrounded by other national retailers including McDonald's, Dunkin', Dollar General, Bealls, and Tractor Supply. The area boasts a strong population base of over 22,000 within a 5-mile radius, with an average annual household income exceeding $52,000 and projected population growth exceeding three percent annually. The asking price is $1,023,200, making this a compelling investment opportunity with substantial future repositioning upside. The property is currently 100% occupied. This is a 1031 exchange eligible property.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $745,000
- ML approach
- $745,000
-
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $635,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Arcadia
- County
- Desoto
- State
- Florida
- Longitude
- -81.8447
- Latitude
- 27.2104
- CBSA code
- 11580
- CBSA name
- ARCADIA, FL MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,189
$200,351
$128,638
$328,989
-
$200,351
$128,638
$328,989
