This exceptional investment opportunity presents a branded Marathon gas station and convenience store situated on a busy corner in Hollywood, Florida, at 7037 Taft Street, zip code 33024. The property, built in 1974, offers a substantial income stream with a monthly gas volume ranging from 30,000 to 50,000 gallons, supported by two dispensers and four pumps. The convenience store consistently generates impressive inside sales, ranging from $35,000 to $60,000 per month. The store boasts a diverse range of offerings, including beer, lottery tickets, an ATM, U-Haul rentals, and Krispy Crunchy Chicken, enhancing its appeal to a broad customer base. The asking price for the business is $2,445,000. While the lot size is not specified, the seller may also be willing to sell the building and land (approximately 0.373 acres or 16,248 square feet) for $2,495,000. This presents a rare chance to acquire a well-established, profitable business with significant upside potential in a high-traffic area. A virtual tour is available for a comprehensive view of the property. This is a turnkey operation ready for a new owner to step in and continue its success.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$1,272,728
6.5%
$1,174,825
7%
$1,090,909
Comparable approach
Method
Valuation
Relative Method
$2,615,482
Geo Method
$2,615,482
Alternative Use
Use
Valuation
Residential
$991,009
Hospitality
$907,759
Educational
$755,245
Medical
$781,219
Retail
$1,174,825
Location Insight
City
Hollywood
County
Broward
State
Florida
Latitude
26.0246
Longitude
-80.2288
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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