Automotive Service Garage with 12
11951 SW 144th Ct Unit 4 & 5 Miami, FL 33186
11951 SW 144th Ct Unit 4 & 5, Miami, FL, 33186
$1,400,000
For Sale
$1,400,000
Combined Units 4 and 5 create a vehicle-capacity garage with an included European diagnostic and repair business.
Property Size3,000 SF
Price / SF$466.67
Days on Market26
Property Features for 11951 SW 144th Ct Unit 4 & 5
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2002
Listing Agency
The Valenzuela Real Estate Group
(786) 278-7313
Listed by
Deborah Lom Bautista · License #3085829
(786) 278-7313
Source
Riserealty
Added: Jun 23 Checked: Jul 17 at 5:49 am
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 includes two combined commercial units, with Units 4 and 5 joined into a single space that has capacity for 12 vehicles. The sale also includes Miami Auto Help, Inc., a diagnostic and European auto repair business with close to 25 years of operating history.
All licenses and permits are stated to be current and transferable with the sale. Goodwill, equipment, branding, and the established client base are also described as transferring to the new owner.
Showings are available by appointment only, and the business and employees should not be disturbed.
All licenses and permits are stated to be current and transferable with the sale. Goodwill, equipment, branding, and the established client base are also described as transferring to the new owner.
Showings are available by appointment only, and the business and employees should not be disturbed.
Key Highlights
- Year built 2002 with Units 4 and 5 combined into a single 3,000 SF commercial space
- Capacity for 12 vehicles in the joined Units 4 and 5 garage layout
- Included business: Miami Auto Help, Inc., a European auto repair and diagnostic shop with close to 25 years of operating history
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $123.1k | $41.04 |
| − Vacancy | −$19.9k | −$6.65 |
| EGI | $103.2k | $34.39 |
| − OpEx | −$31.0k | −$10.32 |
| NOI | $72.2k | $24.07 |
3,000 SF · lease $41.04/SF/yr · vacancy 16.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.03M
$902.8K – $1.20M
NOI $72,222 @ 7.0% cap · market cap 5.16%
Second Best
Industrial
$575.8K
$503.8K – $671.7K
NOI $40,304 @ 7.0% cap · market cap 2.88%
Theoretical Best
Office A
$1.64M
$1.43M – $1.91M
NOI $114,676 @ 7.0% cap · market cap 8.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
SkyFine USA Ignition ...
Building Supply
Lifesafer Ignition Interlock
Building Supply
Tri-County Windows and Doors
Hardware & Home Improvement
Miami Auto Help, ...
Auto Repair Shop
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- Midas — 12805 SW 137th Ave, Miami, FL 33186
FAQs
What type of property is this?
Auto shop - Combined Units 4 and 5 create a vehicle-capacity garage with an included European diagnostic and repair business.
Where is this auto shop located?
The property is located at 11951 SW 144th Ct Unit 4 & 5 Miami, FL.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Year built 2002 with Units 4 and 5 combined into a single 3,000 SF commercial space; Capacity for 12 vehicles in the joined Units 4 and 5 garage layout; Included business: Miami Auto Help, Inc., a European auto repair and diagnostic shop with close to 25 years of operating history
