Building Details

Year Built 2002

Listing Agency: The Valenzuela Real Estate Group i*@thevalenzuelagroup.com Show Phone

Listed By: Deborah Lom Bautista · License #3536703 Show Phone

Source: Lehmannflorida

Added: Jun 23 Changed: Oct 19 Last Checked: Oct 20 at 9:08PM

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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

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Investment Insights

Based on property information with market context.

This sale includes a combined automotive facility created by joining Units 4 and 5 into one 3,000 SF space with capacity for 12 vehicles. The offering also includes Miami Auto Help, Inc., a diagnostic and European auto repair business with close to 25 years of operating history.

The property is located next to Tamiami Airport in a Miami-Dade industrial corridor. All licenses and permits are current and transfer with the sale.

Showings are by appointment only, and buyers are asked not to disturb the business or employees.

Key Highlights

• Units 4 and 5 are joined into a single 3,000 SF automotive repair space
• Capacity for 12 vehicles in the combined unit space
• Property is located next to Tamiami Airport in an active Miami‑Dade industrial corridor

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$27,926

Cap Rate

8.59%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$558,520 $558.5K

Cap Rate 7%

$398,943 $398.9K

Cap Rate 9%

$310,289 $310.3K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,160 SF

Gross rent

$47.6K $41.04/SF

− Vacancy

−$7.7K −$6.65/SF

EGI

$39.9K $34.39/SF

− OpEx

−$12.0K −$10.32/SF

NOI

$27.9K $24.07/SF

Area

ZIP 33186

Vacancy

16.20%

Lease Rate

$41.04 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$558,520

Cap Rate 7%

$398,943

Cap Rate 9%

$310,289

Alternative Uses

Best Use

Retail

$398.9K

$349.1K – $465.4K (±1% cap)

NOI $27,926 @ 7.0% cap · market cap 8.59%

Second Best

Industrial

$222.6K

$194.8K – $259.7K (±1% cap)

NOI $15,584 @ 7.0% cap · market cap 4.80%

Theoretical Best

Office A

$633.4K

$554.3K – $739.0K (±1% cap)

NOI $44,341 @ 7.0% cap · market cap 13.64%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

SkyFine USA Ignition ... Building Supply Lifesafer Ignition Interlock Building Supply Tri-County Windows and Doors Hardware & Home Improvement Miami Auto Help, ... Auto Repair Shop

Suggested Use

Top Pick Dental Office Law Firm Pharmacy Electrical Service Grocery & Convenience Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business

Opportunity

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

Market

Vacancy Rate% for Retail in Miami, FL

3.5% 2019

4.3% 2020

3.3% 2021

2.9% 2022

3.1% 2023

2% 2024

2.7% 2025

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Frequently Asked Questions

What type of property is this?

Auto shop - Joined units 4 and 5 provide a single vehicle-capable automotive repair space beside Tamiami Airport.

Where is this auto shop located?

The property is located at 11951 SW 144th Court Miami, FL.

What is the asking price?

The asking price for this property is $325,000.

What are key features of this property?

This property features: Units 4 and 5 are joined into a single 3,000 SF automotive repair space; Capacity for 12 vehicles in the combined unit space; Property is located next to Tamiami Airport in an active Miami‑Dade industrial corridor