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    1904 Patrick Dr Indian Harbour Beach, FL 32937-4417

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    1904 Patrick Dr Indian Harbour Beach, FL 32937-4417


    • Grocery and convenience stores
    • 3,029 SF
    • 0.55 lot acres
    Off-Market
    Last Sale Sep 7, 2023
    $2,423,900
    Property ID
    US18-0141963
    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.

    Value Estimations
    $2,250,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 1904 Patrick Dr

    Year built
    1964
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.55 lot acres
    Property size
    3,029 SF
    Zone code
    B1
    Property type
    Grocery and convenience stores
    APN
    27-37-11-00-00272.0-0000.00
    APU
    9223372036854775807

    Description

    This exceptional 3,029 square foot gas station and convenience store presents a compelling investment opportunity. Strategically located at a signalized intersection, this property benefits from a daily traffic count of 28,645 vehicles, ensuring high visibility and customer flow. Its prime location is adjacent to the prestigious Indian Harbour Marina & Yacht Club, further enhancing its appeal. The property boasts six canopy pumps and an open fuel supply, presenting a significant value-add potential. Surrounded by a robust mix of national retailers such as Publix, Walmart, Panera Bread, 7-Eleven, and Starbucks, this location benefits from established consumer traffic and brand recognition. The strong surrounding demographics are equally impressive, with an average household income of $96,000 and a population of 40,000 within a three-mile radius. Further bolstering the investment potential is a projected 7% population growth within the next five years. The property's adjacency to the newly developed Zon Beachside Residences, a 123-unit luxury independent living facility, provides a consistent and growing customer base. This 0.55-acre property offers a rare combination of high traffic, strong demographics, and established brand synergy, making it an ideal investment for discerning buyers seeking significant returns. The single-tenancy structure simplifies management and maximizes operational efficiency.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,105,000
      ML approach
      $2,040,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Indian Harbour Beach
    County
    Brevard
    State
    Florida
    Longitude
    -80.6002
    Latitude
    28.1507
    CBSA code
    37340
    CBSA name
    PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN 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
    $9,245
    $250,510
    $327,210
    $577,720
    -
    $250,510
    $327,210
    $577,720
    More about this property
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