5-Bay Auto Repair
For Sale
$1,169,900
11 W MAGNOLIA Street, Davenport, FL 33837
Commercial Sale, DAVENPORT, FL
Property Size3,670 SF
Lot Size0.82 Acres
Price / SF$318.77
Days on Market51
Property Features for 11 W MAGNOLIA Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-1
Subdivision
DAVENPORT
Lot features
Corner Lot, Paved
Directions
From I-4 West, Take Exit 55 for US-27 South. Continue on US-27 S. Turn left onto CR 547 / Lee Jackson Hwy toward Davenport. Continue to US-17/92 (Hinson Ave). Turn right on US-17/92, then turn left onto Magnolia St W. Property is on the left.
Standard status
Active
APN
27-27-03-717500-021040
Size
3,670 SF
Lot size
0.82 Acres
Additional Details
Real Estate Included
Yes
Automotive Uses
auto repair
Taxes and HOA fees
Tax Year
2025
Tax Description
DAVENPORT PB 3 PG 58 & 59 BLK 21 LOTS 4 - 6, DAVENPORT PB 3 PG 58 & 59 BLK 21 LOTS 7 & 8 E OF HWY and DAVENPORT PB 3 PG 58 & 59 BLK 21 LOTS 7 & 8 E OF HWY.
Tax Annual Amount
3078
Legal Description
DAVENPORT PB 3 PG 58 & 59 BLK 21 LOTS 4 - 6, DAVENPORT PB 3 PG 58 & 59 BLK 21 LOTS 7 & 8 E OF HWY and DAVENPORT PB 3 PG 58 & 59 BLK 21 LOTS 7 & 8 E OF HWY.
Utilities
Utilities
Electricity Available
Sewer type
Septic Tank
Heating system
Ductless (Heating)
Cooling system
Wall/Window Unit(s), Window Unit(s)
Building Details
Year built
1980
Floors in Building
1
Flooring type
Concrete
Building materials
Metal Frame, Metal Siding
Roof type
Metal
Buildings
1
Listing Agency:
LOVELAND PROPERTIES
Listed By:
Cleve Loveland
(407) 352-8118
Added: Sep 9
Changed: Oct 29
Last Checked: Oct 29 at 3:06PM
MLS# O6440465
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 3,670-square-foot auto service property was built in 1980 and sits on 0.82 acres. Its metal-frame construction, metal siding, metal roof, and concrete flooring serve five service bays with oversized doors for larger vehicles. The building also contains an office and restroom, and the site is fenced. Lifts and equipment are excluded from the sale, though they may be acquired separately.
Zoned C-1, the property includes the neighboring lot on the right when viewed from the front, providing additional yard area. Electricity is available, and the site uses a septic tank. Heating is ductless, with window or wall/window air-conditioning units.
Zoned C-1, the property includes the neighboring lot on the right when viewed from the front, providing additional yard area. Electricity is available, and the site uses a septic tank. Heating is ductless, with window or wall/window air-conditioning units.
Key Highlights
- Five oversized service bays with doors sized for larger vehicles
- 3,670 square feet on 0.82 acres
- Office and restroom within the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,214
Cap Rate
3.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$824,280
$824.3K
Cap Rate 7%
$588,771
$588.8K
Cap Rate 9%
$457,933
$457.9K
Market Conditions
NOI Build-Up for 3,670 SF
Gross rent
$63.9K $17.40/SF
− Vacancy
−$5.0K −$1.36/SF
EGI
$58.9K $16.04/SF
− OpEx
−$17.7K −$4.81/SF
NOI
$41.2K $11.23/SF
Area
Polk County, FL
Vacancy
7.80%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$824,280
Cap Rate 7%
$588,771
Cap Rate 9%
$457,933
Alternative Uses
Best Use
Retail
$588.8K
$515.2K – $686.9K
NOI $41,214 @ 7.0% cap · market cap 3.52%
Second Best
Industrial
$250.1K
$218.9K – $291.8K
NOI $17,508 @ 7.0% cap · market cap 1.50%
Theoretical Best
Office A
$881.9K
$771.7K – $1.03M
NOI $61,735 @ 7.0% cap · market cap 5.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
5
Service bays
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
318
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33837, FL
36,302
Population
19,082
Households
1.9
Avg Household Size
40
Median Age
27%
College-Educated
90%
High-School Grad
51.3 sq mi
ZIP Area
708
Density / Sq Mi
$75,861
Median Household Income
$39,246
Median Earnings
$1,739
Median Rent
$297,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Bond Auto Glass - Haines City/Davenport/Poinciana — 1 South Blvd E Suite 2254, Davenport, FL 33836
- Seeright Automotive — 306 Cypress St W, Davenport, FL 33837
- Ace Towing Service Davenport — 123 w bay st, davenport, fl 33837
- Father & Son Auto Service — davenport, fl 33837
- Automotriz Jeinmis — 800 north blvd w, davenport, fl 33837
Frequently Asked Questions
What type of property is this?
Auto shop - A fenced commercial facility includes office and restroom space alongside service areas suited to vehicle work.
Where is this auto shop located?
The property is located at 11 W MAGNOLIA Street Davenport, FL.
What is the asking price?
The asking price for this property is $1,169,900.
What are key features of this property?
This property features: Five oversized service bays with doors sized for larger vehicles; 3,670 square feet on 0.82 acres; Office and restroom within the building
