180 Mary Esther Blvd Mary Esther, FL 32569
- Grocery and convenience stores
- 9,831 SF
- 1.68 lot acres
Current Use by Public Records
- Citgo / Gas Station / Convenience Store
- Circle K / Convenience Store / Gas Station
- Fwb Gas Llc / Gas Company
- JET Bitcoin ATM / Atm
- LibertyX Bitcoin ATM / Atm
Property Details for 180 Mary Esther Blvd
- Year built
- 2013
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.68 lot acres
- Property size
- 9,831 SF
- Property type
- Grocery and convenience stores
- APN
- 16-2S-24-0000-0022-0020
- APU
- 162S24000000220020
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $280,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $195,000
- 6.5%
- $200,000
- 7%
- $230,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $250,000
- Geo Method
- $240,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $270,000
- Retail
- $225,000
- Mixed-Use
- $270,000
- Hospitality
- $245,000
- Educational
- $250,000
- Residential Income
- $280,000
- Energy
- $230,000
- Income-Based Land
- $265,000
- Food Service
- $280,000
Location Insight
- Map
- Local Demand
- City
- Mary Esther
- County
- Okaloosa
- State
- Florida
- Longitude
- -86.6556
- Latitude
- 30.4126
- CBSA code
- 18880
- CBSA name
- CRESTVIEW-FORT WALTON BEACH-DESTIN, FL METROPOLITAN STATISTICAL AREA