This exceptional 1,675 square foot gas station, built in 1966, sits on a 0.3-acre lot at 3015 Gulf Drive North in Holmes Beach, Florida, zip code 34217. Located in a high-demand tourist area of Manatee County, this property enjoys a prime location just two blocks from the water and two blocks from shopping plazas, ensuring high visibility and foot traffic. The single-story building features six gas pumps, making it an ideal investment opportunity for continued operation as a gas station or potential redevelopment. The property's size and location present significant potential for various commercial uses, capitalizing on the area's strong rental market and consistent tourist activity. The asking price is $2,200,000. This is a rare opportunity to acquire a well-established commercial property in one of Florida's most desirable coastal locations. The property's proximity to the beach and shopping centers guarantees a steady stream of potential customers. This established business offers a strong foundation for continued success or exciting redevelopment possibilities. Consider the potential for expansion or repurposing to further enhance profitability. This is a truly unique opportunity to own a piece of Anna Maria Island's thriving commercial landscape.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$549,667
6.5%
$507,385
7%
$471,143
Comparable approach
Method
Valuation
Relative Method
$747,082
Geo Method
$610,617
Alternative Use
Use
Valuation
Residential
$427,998
Hospitality
$392,044
Educational
$326,176
Medical
$337,394
Retail
$507,385
Location Insight
City
Holmes Beach
County
Manatee
State
Florida
Latitude
27.4906
Longitude
-82.7069
CBSA code
35840
CBSA name
NORTH PORT-SARASOTA-BRADENTON, 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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