INNOVATE Real Estate
Corner of Orange Blossom Trail - 1608 SHEPHERD LN, INTERCESSION CITY
Triple Net NNN Leased Gas Station high CAP rate - 1608 SHEPHERD LN, INTERCESSION CITY
Great investment property bringing in $10,986/month - 1608 SHEPHERD LN, INTERCESSION CITY
$131,832 Net Annual Income with NO WORK! - 1608 SHEPHERD LN, INTERCESSION CITY
4 photos

$1,900,000

1608 SHEPHERD LN
INTERCESSION CITY, FL 33848
Listed by Anthony Giuffrida, PA · LUXURY ORLANDO REAL ESTATE
Bedrooms
N/A
Bathrooms
N/A
Living area
2,400 sqft
Year built
1975

About this home

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

Property details

MLS
Stellar MLS
MLS #
MFRS5143901
Property type
Business
Subdivision
COX RUDD ADD INTERCESSION CITY
Status
Active
Days on market
117
On market date
February 14, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.44 acres

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

ElementaryCharter
RENAISSANCE CHARTER SCHOOL AT POINCIANA
1.12 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
Not yet rated
Local Score not yet available for this school
Enrollment
930
District
OSCEOLA
Middle
HORIZON MIDDLE SCHOOL
2.8 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,325
Student:teacher ratio
17.9:1
District
OSCEOLA
High
OASIS RESIDENTIAL CENTER
1.06 mi away · Grades 7-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
23
Student:teacher ratio
11.5:1
District
OSCEOLA

Walkability

Blended score for INTERCESSION CITY's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

44
Somewhat walkable
out of 100
EPA National Walkability Index
9.3 / 20 -- Below average walkable
Google Places amenity density
40 / 100
Restaurants & cafes2
Grocery stores1
Parks1
Schools5
Transit stops4
Pharmacies0

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$11,592/mo
$380,000 down
$1,520,000 loan
Principal & interest$9,859
Property tax (est.)$1,583
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated June 11, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.