Established Auto Body
For Sale
$1,800,000
1025 E 45th St, Hialeah, FL 33013
Real estate is included with the operating automotive repair business at this Hialeah property.
Property Size4,596 SF
Days on Market144
Property Features for 1025 E 45th St
General Information
Standard status
Active
Size
4,596 SF
Zoning
7100
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$8,047
Building Details
Building Size
4,596 SF
Year Built
1953
Listing Agency:
Xcellence Realty
(305) 763-4658
Listed By:
Bryant Hector · License #0615252
(305) 763-4658
Source:
Evrealestate
Added: Apr 10
Changed: Aug 29
Last Checked: Aug 30 at 3:21PM
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 Xcellence Realty
Investment Insights
Based on property information with market context.
This offering combines an auto body and repair operation with the underlying real estate. The business has operated for a long period and serves an established customer base.
The property is located at 1025 E 45 ST in Hialeah, Florida 33013. The sale includes both the commercial real estate and the automotive business.
The property is located at 1025 E 45 ST in Hialeah, Florida 33013. The sale includes both the commercial real estate and the automotive business.
Key Highlights
- Auto body and repair business included
- Underlying real estate included in the sale
- Long‑established operating history
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$79,915
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.44%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,598,300
$1.6M
Cap Rate 7%
$1,141,643
$1.1M
Cap Rate 9%
$887,944
$887.9K
Market Conditions
NOI Build-Up for 4,596 SF
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.
Gross rent
$124.1K $27.00/SF
− Vacancy
−$9.9K −$2.16/SF
EGI
$114.2K $24.84/SF
− OpEx
−$34.2K −$7.45/SF
NOI
$79.9K $17.39/SF
Area
Hialeah, FL
Vacancy
8.00%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,598,300
Cap Rate 7%
$1,141,643
Cap Rate 9%
$887,944
Alternative Uses
Best Use
Retail
$1.14M
$998.9K – $1.33M
NOI $79,915 @ 7.0% cap · market cap 4.44%
Second Best
Industrial
$745.3K
$652.1K – $869.5K
NOI $52,171 @ 7.0% cap · market cap 2.90%
Theoretical Best
Office A
$1.81M
$1.58M – $2.11M
NOI $126,629 @ 7.0% cap · market cap 7.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,105
Businesses Nearby
51k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 67%
Shops & Services 32%
Home Improvements & Furnishings 1%
Pollo Tropical
Dining
16,691 visits/mo
0.4 miles
Checkers
Dining
10,446 visits/mo
0.3 miles
Dunkin' Donuts
Dining
7,350 visits/mo
0.3 miles
Speedway
Shops & Services
5,087 visits/mo
0.3 miles
Advance Auto Parts
Shops & Services
4,836 visits/mo
0.3 miles
Demographics for 33013, FL
31,068
Population
9,544
Households
3.3
Avg Household Size
48
Median Age
18%
College-Educated
72%
High-School Grad
3.8 sq mi
ZIP Area
8,176
Density / Sq Mi
$57,242
Median Household Income
$32,566
Median Earnings
$1,488
Median Rent
$407,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Pineiro Auto Care — 3623 E 4th Ave, Hialeah, FL 33013
- Wolf tire service — 819 E 35th St, Hialeah, FL 33013
- COLOR NATION Automotive Paint and Supply — 3579 E 10th Ct, Hialeah, FL 33013
- Full Throttle Marine Inc. — 3579 e 10th ct, hialeah, fl 33013
- ITACHI ATR LIFTS,INC — 3800 E 4th Ave, Hialeah, FL 33013
Frequently Asked Questions
What type of property is this?
Auto shop - Real estate is included with the operating automotive repair business at this Hialeah property.
Where is this auto shop located?
The property is located at 1025 E 45th St Hialeah, FL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Auto body and repair business included; Underlying real estate included in the sale; Long‑established operating history
