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Property profile & analytics
OFF-MARKET
Estimated value
$2,805,000
Grocery and convenience stores
1412 Memorial Dr Avon Park, FL 33825-3777
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-4026144
Property summary
AI-generated overview
This vacant gas station, located at 1412 Memorial Dr in Avon Park, FL 33825, presents a unique investment opportunity. The property boasts 2,640 square feet on a 0.52-acre lot, built in 1990. Its prime location on a signalized hard corner ensures high visibility, benefiting from traffic flow and proximity to local attractions like the Avon Park Depot Museum and Lake Verona. The property is currently vacant, offering flexibility for owner-users to establish their own franchise or lease to a tenant. With one building and one story, this property is ideal for a variety of uses within the gas station industry. The asking price is $2,727,000. Avon Park offers a lower cost of living compared to other parts of Florida, making it an attractive location for businesses. This property is zoned for retail use and presents a strong potential for return on investment. The property's single-unit structure simplifies management and operation. The asking rent, should the property be leased, is $225,000 per year.
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,640 SF
Lot
0.59 ac (25,575 SF)
Zoning code
C4
APN
A-23-33-28-320-00A0-0010
UPID
US18-4026144
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
AI Approach
AI
$2.85M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.81M
Owner & transaction history
Harvard Energy Partners LP · 2 yrs held
Harvard Energy Partners LP
since 2023
Last sale
$2.7M
4 recorded transactions
Zoning & alternative use
C4 · Avon Park, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Avon Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Avon Park submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,915,000
ML approach
$2,845,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.81M
Range $2.52M – $3.09M · ±10% · vs last sale $2.73M (Jul 27 2023)
Last sale anchor
$2.73M
Jul 27 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$1,063 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,440
Tax year 2023
Assessed value
$230,566
Assessed 2023
Previous assessed
$214,463
+7.5% YoY
Effective rate
1.93%
On assessed value
Assessed land
$15,500
Assessed improvement
$215,066
Land market value
$15,500
Improvement market value
$215,066
Total market value
$230,566
Applied tax rate
10.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
3
Bathrooms
2
Total area
2,640 SF
Lot
0.59 ac (25,575 SF)
Zoning code
C4
APN
A-23-33-28-320-00A0-0010
UPID
US18-4026144
Jurisdiction
HIGHLANDS
Zoning & alternative use
C4 · Avon Park, FL
Zoning C4 · permitted uses
C4 · Avon Park, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Avon Park. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
3
Bathrooms
2
Lot
0.59 ac
Current owner
From public records · entity-resolved
Harvard Energy Partners LP
Entity
Free & Clear · 2 yrs held
Mailing address
200 E 2ND ST, ROSWELL, NM 88201-6212
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 27, 2023
$2,727,000
Harvard Energy Partners LP
Standard Development Company LLC
Special Warranty Deed
—
Jul 27, 2023
$1,325,000
Standard Development Company LLC
Rockledge Acquisitions LLC
Warranty Deed
—
Apr 13, 2017
—
Rockledge Acquisitions LLC
Kenilworth Ents 103 I Coc
Trustees Deed
related
—
Apr 25, 2003
$600,000
Avon Park Enterprises 101 INC
Aayush Corp
Grant Deed
$400,000 · Fidelity Bank Florida
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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