2581 Sun Acres Blvd, Auburndale, FL 33823-4829
- Grocery and convenience stores
- 3,200 SF
- 0.30 lot acres
Current Use by Public Records
- Sunrise Supermarket / Gas Station
Property Details for 2581 Sun Acres Blvd
- Year built
- 1974
- Lot size
- 0.30 lot acres
- Zone code
- C-3
- Property type
- Grocery and convenience stores
- APN
- 252821000000034510
- APU
- 252821000000034510
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 26, 2025 | $1,200,000 | Nilachole Realty LLC | Amir Zain LLC | Warranty Deed | $546k · Nilachole Realty LLC |
| Mar 21, 2024 | — | Amir Zain LLC | Panchdev INC | Correction Deed · related | — |
| Oct 5, 2023 | $785,000 | Amir Zain LLC | Panchdev INC | Warranty Deed | — |
| Jun 7, 2023 | $490,000 | Panchdev INC | Njj & S INC | Warranty Deed | — |
| Jun 12, 2014 | $200,000 | Njj & S INC | A & H Food Store INC | Warranty Deed | $200k · A&h Food Store INC |
| Jan 25, 2005 | $225,000 | A & H Food Store INC | Bang-usa INC | Warranty Deed | $225k · Bang-usa INC |
| May 24, 2004 | — | Bang USA INC | Mamun,g & Andrea | Quit Claim Deed · related | — |
| Nov 28, 2000 | $200,000 | Golam Mamun | Orleans Enterprises INC | Grant Deed | $110k · Seller |
| — | — | A & H Food Store INC | — | Deed Of Trust · related | $213k · Suntrust Bank NA |
Description
This exceptional investment opportunity presents a thriving Chevron gas station in Auburndale, Florida. Located on a high-traffic corner lot spanning 26,000 square feet (two parcels totaling 0.06 acres), this property boasts a 2,440-square-foot building constructed in 1974 and extensively renovated in 2023. The station features four gas pumps, twenty parking spaces, and a modern interior including a beer cave and grab-and-go food options. The property is zoned commercial and offers significant income potential, with additional space available for food vendors or trucks. Financial data reveals a strong NOI of $250,000 (pro-forma $300,000), resulting in a compelling cap rate of 35.97% (pro-forma 43.17%). The asking price for the business alone is $695,000, offering a price per square foot of $284.84. A separate purchase option includes the real estate for a total price of $1,990,000. This turnkey operation benefits from a prominent location near a busy elementary school, ensuring consistent customer traffic and revenue generation. The fuel contract includes a rack plus one cent pricing structure, a 0.325-cent rebate, and a $100,000 upfront payment from Chevron. This well-established business offers a rare opportunity to acquire a profitable, high-growth asset in a desirable location.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $985,000
- ML approach
- $1,115,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $695,000
- 6.5%
- $640,000
- 7%
- $595,000
-
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $990,000
- COMMERCIAL (GENERAL)
- $905,000
- AUTO REPAIR, GARAGE
- $780,000
- OFFICE BUILDING
- $705,000
- RETAIL STORES
- $650,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Auburndale
- County
- Polk
- State
- Florida
- Longitude
- -81.8235
- Latitude
- 28.0334
- CBSA code
- 29460
- CBSA name
- LAKELAND, FL METROPOLITAN STATISTICAL AREA
