INTERCESSION CITY, FL 33848 1608 SHEPHERD LANE
$1,900,000
Presented By: LUXURY ORLANDO REAL ESTATE with 407-705-7634. - 407-705-7634
SQFT • 2,400
Home Details
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
Presented By: LUXURY ORLANDO REAL ESTATE with 407-705-7634. - 407-705-7634
Interior Features for 1608 SHEPHERD LANE
Bathrooms
Total Baths
Other Interior Features
LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Total Stories1
General for 1608 SHEPHERD LANE
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
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 UnitsSquare Feet
Lot Size Square Feet18988
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 Amount13999.4
Tax Lot1
Tax Year2025
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1975
ZoningOCN
Exterior for 1608 SHEPHERD LANE
Building Area Total4130
Foundation DetailsSlab
Lot Dimensions100 x 133
Lot Size Acres0.44
Lot Size Area18988
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
Nicole King
Realtor®
