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Property profile & analytics
FOR SALE
Grocery and convenience stores
180 Mary Esther Blvd Mary Esther, FL 32569
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-6337919
For Sale
1 / 27
$3,000,000
180 Mary Esther Blvd, Mary Esther, FL 32569
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Property summary
AI-generated overview
This exceptional Class A, owner-user gas station and convenience store presents a lucrative investment opportunity. Located at 180 Mary Esther Blvd, Mary Esther, FL 32569, this 5,196 square foot property boasts a prime location with high visibility and traffic counts in a growing community. The Circle K branded station features six gas pumps and two tenants, achieving 100% occupancy. Built in 2013 and renovated in 2023, the property includes a recently painted building, a beer cave, and new restaurant equipment. Monthly sales exceed 60,000 gallons of gas and $161,000 in convenience store sales. The asking price is $4,500,000 ($866.05/sq ft). Importantly, this sale includes the real estate, fixtures, furniture, and equipment (FF&E), and goodwill. Inventory will be evaluated and purchased separately. No existing gas contracts, convenience store leases, or franchise agreements exist upon purchase. The property is zoned COM. This is a turnkey operation ready for immediate ownership and operation. Serious inquiries only. Showings by appointment only.
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2013
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
9,831 SF
Lot
1.68 ac (73,378 SF)
APN
16-2S-24-0000-0022-0020
UPID
US18-6337919
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
-
Citgo Gas Station
-
Circle K Grocery & Convenience Store
-
Fwb Gas Llc Gas Company
-
JET Bitcoin ATM Atm
-
LibertyX Bitcoin ATM Atm
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
Sprop LLC · 4 yrs held
Sprop LLC
since 2021
Last sale
$275,000
7 recorded transactions
Zoning & alternative use
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 Mary Esther submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mary Esther 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$13,602
Tax year 2023
Assessed value
$947,393
Assessed 2023
Previous assessed
$908,068
+4.3% YoY
Effective rate
1.44%
On assessed value
Assessed land
$603,051
Assessed improvement
$344,342
Land market value
$603,051
Improvement market value
$344,342
Total market value
$947,393
Applied tax rate
5.0000
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
CONVENIENCE STORE
Status
For Sale
Year built
2013
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
OTHER
Stories
1
Rooms
9
Total area
9,831 SF
Lot
1.68 ac (73,378 SF)
APN
16-2S-24-0000-0022-0020
UPID
US18-6337919
Jurisdiction
OKALOOSA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2013
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
9
Lot
1.68 ac
Current owner
From public records · entity-resolved
Sprop LLC
Entity
Mailing address
913 BEAL PKWY NA215, FORT WALTON BEACH, FL 32547-1402
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 18, 2022
—
Sprop LLC
—
Deed
related
$100,000 · Whitney Bank
Sep 3, 2021
$1,753,200
Sprop LLC
Mary Esther Ventures LLC
Quit Claim Deed
related
$2,000,000 · Whitney Bank
Jul 2, 2020
—
Shreepal R Parikh
—
Deed
related
$1,850,000 · Ware Oil & Supply Co INC
Jun 15, 2017
—
Mary Esther Ventures LLC
—
Deed
related
$1,760,000 · Hancock Bk
Mar 11, 2010
$275,000
Mary Esther Ventures LLC
Trustmark National Bank
Special Warranty Deed
$206,500 · Superior Bank
May 14, 2008
$296,800
Trustmark National Bank
Mary Esther Dev LLC
Grant Deed
—
—
—
Mary Esther Ventures LLC
—
Deed Of Trust
related
$1,910,000 · Hancock Bank
—
—
Shreepal R Parikh
—
Deed Of Trust
related
$1,850,000 · Ware Oil & Supply Co INC
—
—
Mary Esther Ventures LLC
—
Loan Modification
related
$1,760,000 · Hancock Bk
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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