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    Property profile & analytics

    1412 Memorial Dr Avon Park, FL 33825-3777

    • Grocery and convenience stores
    • 2,640 SF
    • 0.59 lot acres
    OFF-MARKET
    Value Estimation
    $2,830,000
    Last Sale
    Jul 27, 2023
    $2,727,000
    Location Intelligence
    Property ID
    US18-4026144
    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.

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 1412 Memorial Dr

    Year built
    1985
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.59 lot acres
    Property size
    2,640 SF
    Zone code
    C4
    Property type
    Grocery and convenience stores
    APN
    A-23-33-28-320-00A0-0010
    APU
    A23332832000A00010

    Description

    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.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,915,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,500,000
      6.5%
      $2,880,000
      7%
      $2,620,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,895,000
      Geo Method
      $2,430,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,190,000
      Retail
      $2,410,000
      Mixed-Use
      $2,150,000
      Hospitality
      $2,710,000
      Educational
      $2,450,000
      Residential Income
      $2,605,000
      Energy
      $2,340,000
      Income-Based Land
      $2,265,000
      Food Service
      $2,755,000

    Location Insight

    • Map
    • Local Demand
    City
    Avon Park
    County
    Highlands
    State
    Florida
    Longitude
    -81.4937
    Latitude
    27.5953
    CBSA code
    42700
    CBSA name
    SEBRING, 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
    $4,440
    $15,500
    $215,066
    $230,566
    -
    $15,500
    $215,066
    $230,566

    Comparable in this City

    • Value Estimation
      $190,000
      1,152 SF

      1303 Memorial Dr

      GROCERY, SUPERMARKET • 1,152 SF
      1303 Memorial Dr, Avon Park, FL 33825-3780
      View Details
    • Value Estimation
      $645,000
      1,764 SF

      4 Us Hwy 27th N

      GROCERY, SUPERMARKET • 1,764 SF
      4 Us Hwy 27th N, Avon Park, FL 33825-3357
      View Details
    • Value Estimation
      $635,000
      2,400 SF

      998 Us Hwy 27th N

      GROCERY, SUPERMARKET • 2,400 SF
      998 Us Hwy 27th N, Avon Park, FL 33825-2554
      View Details
    • Value Estimation
      $250,000
      2,080 SF

      1499 Lk Ave

      GROCERY, SUPERMARKET • 2,080 SF
      1499 Lk Ave, Avon Park, FL 33825-2428
      View Details
    • Value Estimation by Request
      2,206 SF

      993 Us Hwy 27th N

      GROCERY, SUPERMARKET • 2,206 SF
      993 Us Hwy 27th N, Avon Park, FL 33825-2516
      View Details
    • Value Estimation by Request
      37,121 SF

      1034 Us Hwy 27th S

      GROCERY, SUPERMARKET • 37,121 SF
      1034 Us Hwy 27th S, Avon Park, FL 33825-5114
      View Details

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    Similar Nearby for Lease

    • $15 SF/Yr
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      End-cap retail space with high visibility and easy access.
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      View Details
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      5,400 SF restaurant space with excellent highway access.
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    Avon Park, FL 33825-3777
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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