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Property profile & analytics
FOR SALE
Grocery and convenience stores

15035 NE Us Highway 301 Waldo, FL 32694

3,330 SF 0.47 ac lot Built 1996
Entity Owned 17-yr Hold Free & Clear
Property ID
US19-0903618
Property summary
AI-generated overview

This exceptional 3,000 square foot retail property, located at 15035 NE US Hwy 301 in Waldo, Florida (32694), presents a compelling value-add investment opportunity. Situated on a 0.47-acre corner lot, this freestanding building boasts a highly visible location next to the post office, ensuring maximum exposure. Previously utilized as a convenience store and gas station, the property is currently vacant, offering a blank canvas for redevelopment. All underground fuel tanks have been removed, simplifying the redevelopment process. The property benefits from significant traffic volume, with a 2023 AADT (Average Annual Daily Traffic) count of 24,500 vehicles on US Hwy 301. The building, constructed in 1996, features two stories and is zoned COMM. The asking price is $875,000, translating to $291.67 per square foot. This represents a unique chance to acquire a strategically positioned retail space in a high-traffic area with significant redevelopment potential. The Alachua County property (APN: 17064-001-000) offers a single tenancy and is ready for its next chapter. Don't miss this chance to capitalize on this prime location.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1996
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,330 SF
Lot 0.47 ac (20,473 SF)
Zoning code COMM
APN 17064-001-000
UPID US19-0903618
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Waldo Petro Mart LLC · 17 yrs held
Waldo Petro Mart LLC
since 2009
7 recorded transactions
2009
$290,000
2009
$100,000
2005
Price N/A
2005
Price N/A
2004
$610,000
2004
Price N/A
2000
$442,000
Zoning & alternative use
COMM · Waldo, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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