Automotive Paint & Body
2507 MARTHA Street Jacksonville, FL 32209
For Sale
$90,000
COMMERCIAL - Jacksonville, FL
Property Size1,116 SF
Lot Size0.11 Acres
Price / SF$80.65
Days on Market139
Property Features for 2507 MARTHA Street
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Carport, Garage
Standard status
Active
APN
0482530000
Size
1,116 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
749
Utilities
Cooling system
Central Air
Building Details
Year built
1990
Building materials
Brick, Block
Listing Agency:
KELLER WILLIAMS FIRST COAST REALTY
(904) 541-0180
Listed By:
JODDIE MCCLAIN · License #3385714
(904) 466-0266
Added: Mar 13
Changed: Jul 7
Last Checked: Jul 29 at 12:06AM
MLS# 2134934
Copyright © 2026 realMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property is an approximately 1,116-square-foot mixed-use commercial building currently operating as a paint and body shop. The layout includes an open work area designed to support day-to-day automotive service activity, with functional configuration for continued automotive use. The offering also includes ample on-site parking to accommodate customers and employees.
The building is located at 2507 Martha Street in Jacksonville, Florida. It is described as being just minutes from Jacksonville’s major corridors, and it sits on a 0.11-acre lot. The property is shown by appointment only, and the current tenant must not be disturbed.
A long-term tenant is in place under a two-year lease, providing immediate rental income. For investors and owner-operators looking for a turn-key automotive-oriented space, the combination of an operational paint and body shop setup, practical parking, and existing occupancy can support continuity of service while keeping flexibility for future use changes consistent with the property’s stated adaptable zoning profile.
The building is located at 2507 Martha Street in Jacksonville, Florida. It is described as being just minutes from Jacksonville’s major corridors, and it sits on a 0.11-acre lot. The property is shown by appointment only, and the current tenant must not be disturbed.
A long-term tenant is in place under a two-year lease, providing immediate rental income. For investors and owner-operators looking for a turn-key automotive-oriented space, the combination of an operational paint and body shop setup, practical parking, and existing occupancy can support continuity of service while keeping flexibility for future use changes consistent with the property’s stated adaptable zoning profile.
Key Highlights
- Mixed‑use commercial property currently operating as a paint and body shop
- Long‑term tenant in place with a 2‑year lease at $1,250/month
- Central air cooling
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $9.4k | $8.40 |
| − Vacancy | −$516 | −$0.46 |
| EGI | $8.9k | $7.94 |
| − OpEx | −$2.7k | −$2.38 |
| NOI | $6.2k | $5.56 |
1,116 SF · lease $8.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$180.2K
$157.7K – $210.2K
NOI $12,613 @ 7.0% cap · market cap 14.01%
Second Best
Industrial
$88.6K
$77.5K – $103.4K
NOI $6,201 @ 7.0% cap · market cap 6.89%
Theoretical Best
Office A
$305.7K
$267.5K – $356.7K
NOI $21,400 @ 7.0% cap · market cap 23.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Armando Mobile Mechanic
- Palmers atv&mech
- ALL AROUND Mobile Mechanic Jacksonville — 2864 W 7th St, Jacksonville, FL 32254
- Go Getter Auto Glass LLC
- Bold City Auto Glass
Frequently Asked Questions
What type of property is this?
Auto shop - Mixed-use automotive facility with an open work area and on-site parking, currently leased for ongoing operations.
Where is this auto shop located?
The property is located at 2507 MARTHA Street Jacksonville, FL.
What is the asking price?
The asking price for this property is $90,000.
What are key features of this property?
This property features: Mixed‑use commercial property currently operating as a paint and body shop; Long‑term tenant in place with a 2‑year lease at $1,250/month; Central air cooling