European Auto Repair
New
For Sale
$1,100,000
11951 SW 144th Ct 4 & 5, Miami, FL 33186
Two combined commercial units support an operating European automotive repair and diagnostic business.
Property Size3,000 SF
Price / SF$366.67
Days on Market2
Property Features for 11951 SW 144th Ct 4 & 5
General Information
Standard status
Active
Size
3,000 SF
Total Parking Spaces
12
Additional Details
Business Included
Yes
Building Details
Year Built
2002
Listing Agency:
The Valenzuela Real Estate Group
Listed By:
Deborah Lom Bautista, Miguel Mino
Source:
Mymiahomes
Added: Sep 20
Last Checked: Sep 21 at 10:46AM
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 automotive property comprises two combined commercial units totaling 3,000 SF, built in 2002, with capacity for 12 vehicles. The operating business, Miami Auto Help, Inc., specializes in European auto repair and diagnostics and has been in operation for nearly 25 years. The sale includes equipment, goodwill, branding, clientele, and current licenses and permits.
The property is located next to Tamiami Airport at 11951 SW 144th Ct, Units 4 and 5, in Miami. Purchase options include acquiring both units with the business, either unit separately, or the business separately. Showings are available by appointment.
The property is located next to Tamiami Airport at 11951 SW 144th Ct, Units 4 and 5, in Miami. Purchase options include acquiring both units with the business, either unit separately, or the business separately. Showings are available by appointment.
Key Highlights
- Two combined commercial units totaling 3,000 SF
- Operating European auto repair and diagnostic business in place
- Capacity for 12 vehicles
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
$72,222
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
6.57%
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%
$1,444,440
$1.4M
Cap Rate 7%
$1,031,743
$1.0M
Cap Rate 9%
$802,467
$802.5K
Market Conditions
NOI Build-Up for 3,000 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
$123.1K $41.04/SF
− Vacancy
−$19.9K −$6.65/SF
EGI
$103.2K $34.39/SF
− OpEx
−$31.0K −$10.32/SF
NOI
$72.2K $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 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%
$1,444,440
Cap Rate 7%
$1,031,743
Cap Rate 9%
$802,467
Alternative Uses
Best Use
Retail
$1.03M
$902.8K – $1.20M
NOI $72,222 @ 7.0% cap · market cap 6.57%
Second Best
Industrial
$575.8K
$503.8K – $671.7K
NOI $40,304 @ 7.0% cap · market cap 3.66%
Theoretical Best
Office A
$1.64M
$1.43M – $1.91M
NOI $114,676 @ 7.0% cap · market cap 10.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Auto shop - Two combined commercial units support an operating European automotive repair and diagnostic business.
Where is this auto shop located?
The property is located at 11951 SW 144th Ct 4 & 5 Miami, FL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Two combined commercial units totaling 3,000 SF; Operating European auto repair and diagnostic business in place; Capacity for 12 vehicles
