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    2581 Sun Acres Blvd Auburndale, FL 33823-4829

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    2581 Sun Acres Blvd Auburndale, FL 33823-4829


    • Grocery and convenience stores
    • 3,200 SF
    • 0.30 lot acres
    Off-Market
    Last Sale Nov 26, 2024
    $1,200,000
    Property ID
    US18-3293208
    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
    $1,030,000
    Show details
    Cap Rate Potential
    4.2%
    Grocery and convenience stores
    Location Intelligence

    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
    Property size
    3,200 SF
    Zone code
    C-3
    Property type
    Grocery and convenience stores
    APN
    252821000000034510
    APU
    252821000000034510

    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

    based on Realmo’s proprietary methodology
    • 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

    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
    $3,094
    $39,430
    $126,840
    $166,270
    -
    $39,430
    $126,840
    $166,270
    More about this property
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