2804 Rio Grande Ave Orlando, FL 32805
- Grocery and convenience stores
- 2,966 SF
- 0.47 lot acres
Current Use by Public Records
- Bitcoin ATM Orlando - Coinhub / Atm / Currency Exchange Service
- Marathon / Gas Station
- Kim’s Cuban cafe / Restaurant
Property Details for 2804 Rio Grande Ave
- Year built
- 1961
- Lot size
- 0.47 lot acres
- Property size
- 2,966 SF
- Zone code
- C-1
- Property type
- Grocery and convenience stores
- APN
- 03-23-29-7436-09-012
- APU
- 32329743609012
Description
This exceptional investment opportunity presents a newly renovated gas station located at 2804 Rio Grande Ave, Orlando, FL 32805, in Orange County. The property boasts a total of 2,966 square feet, with 1,218 square feet of net rentable space, situated on a single-story building within a C-1 zoned area. The asking price is $2,900,000, translating to $977.75 per square foot. This thriving business operates 21 hours a day, generating substantial revenue streams. Monthly gas sales average 40,000 gallons, with a margin of 30-35 cents per gallon. Inside sales contribute an additional $100,000 per month, boasting a 28.33% margin. Further enhancing profitability, the property generates supplemental monthly revenue ranging from $4,750 to $5,500. The location benefits from a densely populated market, ensuring consistent customer traffic and strong sales performance. This turnkey operation presents a rare opportunity to acquire a high-performing asset in a prime Orlando location. The property is ready for immediate operation, offering a significant return on investment for the discerning buyer.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $335,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $655,000
Market price range: $656k - $1.83M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $685,000
- OFFICE BUILDING
- $680,000
- AUTO REPAIR, GARAGE
- $420,000
- RETAIL STORES
- $315,000
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Location Insight
- Map
- Local Demand
- City
- Orlando
- County
- Orange
- State
- Florida
- Longitude
- -81.4016
- Latitude
- 28.5129
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA