1608 SHEPHERD LANE INTERCESSION CITY, FL - Image 11608 SHEPHERD LANE INTERCESSION CITY, FL - Image 21608 SHEPHERD LANE INTERCESSION CITY, FL - Image 3

$1,900,000

0 Beds 0 Baths 2,400 SQFT 0.44 Acres
Type: Commercial

1608 SHEPHERD LANE
INTERCESSION CITY, FL 33848

MLS#: S5143901
Ryan Gentz
Ryan Gentz
The Real Estate Advantage
Phone: 612.356.9844
Office: 952.253.5600
Presented by: LUXURY ORLANDO REAL ESTATE with 407-705-7634. - 407-705-7634

Property Description

 

Triple NET NNN Leased Gas Station on the corner of S. Orange Blossom Trail (OBT) and Shepherd Ln. in Intercession City near Kissimmee/St.Cloud. Currently leased for $10,986/month + increases $350/year. Tenant pays property taxes, insurance, and building maintenance. 20-year lease agreement in place with 17 years remaining. 4 fuel pumps - gasoline & diesel + convenience store. Operator runs more than 40 locations in Florida/Georgia. Great investment "mailbox money" No Work!!! Recently remodeled station with new LED canopy lighting. Buy this and receive $10,986/month or $131,832/year NET. This translates to a 6.93% CAP Rate NO WORK, all while the property appreciates in value. An additional adjoining 1/2 acre can be purchased for $350,000 - already cleared and fenced


 

Interior Features

Bathrooms

Total Baths0

Other Interior Features

LivingAreaSource0 sqft
Air Conditioning Y/NYes
Total Stories1

General

Additional Parcels Y/NNo
Building Area Units0 sqft
Building FeaturesBathrooms
CityINTERCESSION CITY
Construction MaterialsBlock
CoolingCentral Air
CountyOsceola
DirectionsTake S. Poinciana Blvd. Turn Right Onto S. Orange Blossom Trail (S. OBT / US 17) follow it to the corner of Shepherd Lane and S. Orange Blossom Trail
DockY/NNo
Flood Zone Codex
Flood Zone Code XY
Legal DescriptionCOX RUDD ADD PB 1 PG 306 BLK 11 LOTS 1 & 2 AND INTEROCEAN CITY SEC A PB 1 PG 169 BLK 26 LOT 9 AND VAC COLLEGE AVE
Listing TermsCash
Living Area Units0 sqft
Lot Size Square Feet18,988 sqft
Lot Size UnitsSquare Feet
MLS Area33848 - Intercession City
New ConstructionNo
Occupancy TypeTenant
OwnershipSole Proprietor
PossessionClose Of Escrow
Property ConditionCompleted
Property SubtypeBusiness
Property TypeCommercial Sale
RoofMembrane
Standard StatusActive
StatusActive
Subdivision NameCOX RUDD ADD INTERCESSION CITY
Tax Annual Amount$13,999
Tax Lot1
Tax Year2025
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1975
ZoningOCN

Exterior

Building Area Total4,130 sqft
Foundation DetailsSlab
Lot Dimensions100 x 133
Lot Size Acres0.44
Lot Size Area18,988 sqft
Number of Buildings1
Number of Lots1
Parking Features6 to 12 Spaces
Road Frontage TypeCity Street, County Road
Road ResponsibilityPublic Maintained Road
Road Surface TypeAsphalt
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

  

Similar Properties

$1,900,000

0 Beds 0 Baths 2,400 SQFT 0.44 Acres
Type: Commercial

1608 SHEPHERD LANE
INTERCESSION CITY, FL 33848

MLS#: S5143901
Ryan Gentz
Ryan Gentz
The Real Estate Advantage
Phone: 612.356.9844
Office: 952.253.5600