Industrial Warehouse Condo with Auto
For Sale
$300,000
11950 SW 144th Court, Miami, FL 33186
Turnkey industrial condo with drive-in access and capacity for up to eight vehicles, sold together with an operating auto repair business.
Property Size1,160 SF
Price / SF$258.62
Days on Market120
Property Features for 11950 SW 144th Court
General Information
Standard status
Active
Size
1,160 SF
Property subtype
Business Opportunity
Zoning
IU-1
Additional Details
Business Included
Yes
Highway Access
Yes
Service Bays
8
Building Details
Year Built
2002
Listing Agency:
The Valenzuela Real Estate Group
(305) 776-4866
Listed By:
Deborah Lom Bautista · License #A12053889
(786) 278-7313
Source:
Lehmannflorida
Added: Jun 17
Changed: Oct 13
Last Checked: Oct 12 at 7:18PM
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 The Valenzuela Real Estate Group
Investment Insights
Based on property information with market context.
This offering combines a fully equipped commercial warehouse condo with an established auto repair business, sold together in a single transaction. The 1,160 SF condo includes drive-in access and capacity for up to eight vehicles, suited for continued automotive use or conversion to another permitted operation. The property is zoned IU-1 (Industrial, Light Manufacturing) under Miami-Dade County code, a versatile designation that supports uses including auto repair, warehousing, distribution, light manufacturing, fabrication, and detailing. Licenses and permits are current and described as fully transferable. The sale also includes the real estate, business goodwill, equipment, branding, and client base for a turnkey transition.
The property is positioned next to Tamiami Airport and is minutes from the Florida Turnpike, providing strong accessibility for customers and deliveries. It is located within one of Miami-Dade’s active industrial corridors, surrounded by Kendall, Westchester, and Sweetwater.
For an owner-operator, this configuration offers immediate operating capability with on-site equipment and an existing auto repair platform. For an investor, the package is structured as a protected, turnkey business-and-real-estate acquisition with the ability to continue operations under the property’s existing approvals and permits, subject to applicable requirements.
The property is positioned next to Tamiami Airport and is minutes from the Florida Turnpike, providing strong accessibility for customers and deliveries. It is located within one of Miami-Dade’s active industrial corridors, surrounded by Kendall, Westchester, and Sweetwater.
For an owner-operator, this configuration offers immediate operating capability with on-site equipment and an existing auto repair platform. For an investor, the package is structured as a protected, turnkey business-and-real-estate acquisition with the ability to continue operations under the property’s existing approvals and permits, subject to applicable requirements.
Key Highlights
- 1,160 SF commercial warehouse condo built in 2002 with drive‑in access and capacity for up to 8 vehicles
- Offered as a single transaction with a fully equipped, operating auto repair business and goodwill
- Auto repair business has 25 years in operation with current, fully transferable licenses and permits
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,924
Cap Rate
6.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$378,480
$378.5K
Cap Rate 7%
$270,343
$270.3K
Cap Rate 9%
$210,267
$210.3K
Market Conditions
NOI Build-Up for 1,160 SF
Gross rent
$23.4K $20.16/SF
− Vacancy
−$1.1K −$0.97/SF
EGI
$22.3K $19.19/SF
− OpEx
−$3.3K −$2.88/SF
NOI
$18.9K $16.31/SF
Area
ZIP 33186
Vacancy
4.80%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$378,480
Cap Rate 7%
$270,343
Cap Rate 9%
$210,267
Alternative Uses
Best Use
Retail
$398.9K
$349.1K – $465.4K
NOI $27,926 @ 7.0% cap · market cap 9.31%
Second Best
Warehouse
$270.3K
$236.6K – $315.4K
NOI $18,924 @ 7.0% cap · market cap 6.31%
Theoretical Best
Office A
$633.4K
$554.3K – $739.0K
NOI $44,341 @ 7.0% cap · market cap 14.78%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
8
Service bays
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
934
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33186, FL
69,866
Population
24,397
Households
2.9
Avg Household Size
42
Median Age
36%
College-Educated
91%
High-School Grad
12.4 sq mi
ZIP Area
5,634
Density / Sq Mi
$86,481
Median Household Income
$46,755
Median Earnings
$2,021
Median Rent
$422,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Miami, FL
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Frequently Asked Questions
What type of property is this?
Auto shop - Turnkey industrial condo with drive-in access and capacity for up to eight vehicles, sold together with an operating auto repair business.
Where is this auto shop located?
The property is located at 11950 SW 144th Court Miami, FL.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 1,160 SF commercial warehouse condo built in 2002 with drive‑in access and capacity for up to 8 vehicles; Offered as a single transaction with a fully equipped, operating auto repair business and goodwill; Auto repair business has 25 years in operation with current, fully transferable licenses and permits
