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Property profile & analytics
OFF-MARKET Estimated value $1,865,000
Grocery and convenience stores

16131 Colonial Dr Oakland, FL 34787-9471

6,464 SF 2.29 ac lot Built 2002
Individually Owned 7-yr Hold Absentee Owner Free & Clear
Property ID
US18-3294187
Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 2002
Total area 6,464 SF
Lot 2.29 ac (99,666 SF)
Zoning code C-1
APN 20-22-27-6107-00-010
UPID US18-3294187
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
Current use
Occupant on record · Public records
  • RockItCoin Bitcoin ATM Crypto Atm
  • El rey del Mofongo Cafe & Coffee Shop
  • bp Car Wash
  • Aqua Inferno Car Wash and Detailing Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.92M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.87M
Owner & transaction history
Spirit Spe Portfolio Ca C-stor · 7 yrs held
Spirit Spe Portfolio Ca C-stor
since 2018
6 recorded transactions
2018
Price N/A
2013
$2.3M
2013
$1.0M
2013
$150,100
2004
$1.5M
1969
Price N/A
Zoning & alternative use
C-1 · Oakland, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The C-1, Commercial District is composed of lands and structures used primarily to provide for the retailing of commodities and the furnishing of selected services. The regulations are intended to permit and encourage a full development of essential commercial uses; at the same time, however, protecting nearby residential properties from adverse effects of c…

Zone name Commercial District
General category COMMERCIAL
Zone area 111.45 ac
Top alternative use upside
Medical building $1.5M +248.8%
Commercial (general) $1.5M +238.5%
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