Auto Shop With Drive-Through
101 S INDIANA AVENUE, Englewood, FL 34223
For Sale
$685,000
Fenced automotive facility with office, restrooms, parking, and prominent signage along 776.
Property Size4,000 SF
Price / SF$171.25
Days on Market98
Property Features for 101 S INDIANA AVENUE
General Information
Standard status
Size
Property subtype
Site & Location
Road Access
Fenced Yard
Utilities to Site
Additional Details
Service Bays
Amenities
air conditioned waiting room
office
bathroom
3 phase power
large highly visible signage
Building Details
Year Built
Buildings
Construction
Listing Agency:
SETTLES REAL ESTATE LLC
Listed By:
Buck Settles · License #3313724
(941) 685-3600
Source:
Endlesssummerrealty
Added: Aug 4
Changed: Nov 8
Last Checked: Nov 8 at 6:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SETTLES REAL ESTATE LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4,000-square-foot automotive facility, built in 1958, is configured for repair and body shop operations. The building includes an air-conditioned customer waiting area, office space, restrooms, and approximately 5–6 bays, including a drive-through bay with two-deep capacity. An additional bay is positioned on the left side and has a separate restroom, while another bay provides access around the rear of the building.
The concrete block structure received a new shingle roof in 2024. The property is enclosed with fencing and includes 3 Phase power, on-site parking, and large signage along 776. The layout provides multiple service areas with a separated section that can function independently from the primary shop space.
The concrete block structure received a new shingle roof in 2024. The property is enclosed with fencing and includes 3 Phase power, on-site parking, and large signage along 776. The layout provides multiple service areas with a separated section that can function independently from the primary shop space.
Key Highlights
- 4,000 SF automotive facility built in 1958
- Approximately 5–6 service bays, including a drive‑through bay
- Air‑conditioned waiting room, office, and restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,912
Cap Rate
4.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$618,240
$618.2K
Cap Rate 7%
$441,600
$441.6K
Cap Rate 9%
$343,467
$343.5K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$48.0K $12.00/SF
− Vacancy
−$3.8K −$0.96/SF
EGI
$44.2K $11.04/SF
− OpEx
−$13.2K −$3.31/SF
NOI
$30.9K $7.73/SF
Area
Charlotte County, FL
Vacancy
8.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$618,240
Cap Rate 7%
$441,600
Cap Rate 9%
$343,467
Alternative Uses
Best Use
Retail
$1.02M
$889.5K – $1.19M
NOI $71,156 @ 7.0% cap · market cap 10.39%
Second Best
Industrial
$441.6K
$386.4K – $515.2K
NOI $30,912 @ 7.0% cap · market cap 4.51%
Theoretical Best
Office A
$1.31M
$1.15M – $1.53M
NOI $91,680 @ 7.0% cap · market cap 13.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
6
Service bays
Yes
Fenced yard
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
699
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34223, FL
19,118
Population
14,484
Households
1.3
Avg Household Size
66
Median Age
39%
College-Educated
96%
High-School Grad
41.9 sq mi
ZIP Area
456
Density / Sq Mi
$70,155
Median Household Income
$39,486
Median Earnings
$1,288
Median Rent
$358,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Auto shops in Charlotte County, FL
Properties on Market for Auto shops in Charlotte County
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Englewood Service Center, LLC — 210 S Indiana Ave, Englewood, FL 34223
- Ultimate Auto Works — 210 S Indiana Ave, Englewood, FL 34223
- Ultimate Auto Works, LLC — 210 S Indiana Ave, Englewood, FL 34223
- Window Tinting Guys of Englewood — 80 S McCall Rd, Englewood, FL 34223, United States
- Dino Tint — 80 S McCall Rd, Englewood, FL 34223
Frequently Asked Questions
What type of property is this?
Auto shop - Fenced automotive facility with office, restrooms, parking, and prominent signage along 776.
Where is this auto shop located?
The property is located at 101 S INDIANA AVENUE Englewood, FL.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: 4,000 SF automotive facility built in 1958; Approximately 5–6 service bays, including a drive‑through bay; Air‑conditioned waiting room, office, and restrooms
