Auto Repair and Service
For Sale
$510,000
11951 SW 144th Court Unit 4, Miami, FL 33186
Combined units support 12-vehicle capacity and come with a licensed diagnostic and European repair business.
Property Size1,500 SF
Price / SF$340
Days on Market64
Property Features for 11951 SW 144th Court Unit 4
General Information
Standard status
Active
Size
1,500 SF
Total Parking Spaces
12
Property subtype
Industrial
Additional Details
Business Included
Yes
Building Details
Year Built
2002
Listing Agency:
The Valenzuela Real Estate Group
(786) 278-7313
Listed By:
Deborah Lom Bautista · License #R11165434
(786) 278-7313
Source:
Lehmannflorida
Added: Jun 23
Changed: Aug 24
Last Checked: Aug 24 at 5:48AM
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 joined into a single 3,000 SF space, identified as Units 4 and 5, with capacity for 12 vehicles. The sale includes Miami Auto Help, Inc., a diagnostic and European auto repair business with close to 25 years of operating history. Licenses and permits are current and transfer with the sale, and showings are by appointment only with instruction not to disturb the business or employees.
The property is located next to Tamiami Airport in an active industrial corridor within Miami-Dade County. The combined layout is designed to accommodate multiple vehicles, aligning with service operations that require space for intake, diagnosis, and repair workflow.
For an owner-operator, this is a turnkey path to take over an established, licensed repair operation in a facility built for multiple vehicles. For investors, the transaction ties real estate ownership to an operating business whose goodwill, equipment, branding, and client base are included in the sale, with transferability supported by current licensing and permits.
The property is located next to Tamiami Airport in an active industrial corridor within Miami-Dade County. The combined layout is designed to accommodate multiple vehicles, aligning with service operations that require space for intake, diagnosis, and repair workflow.
For an owner-operator, this is a turnkey path to take over an established, licensed repair operation in a facility built for multiple vehicles. For investors, the transaction ties real estate ownership to an operating business whose goodwill, equipment, branding, and client base are included in the sale, with transferability supported by current licensing and permits.
Key Highlights
- Year built 2002—two combined commercial units joined into a single 3,000 SF space
- 3,000 SF space with capacity for up to 12 vehicles
- Includes Miami Auto Help, Inc., a licensed diagnostic and European auto repair business (nearly 25 years of operating history)
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
$36,111
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
7.08%
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%
$722,220
$722.2K
Cap Rate 7%
$515,871
$515.9K
Cap Rate 9%
$401,233
$401.2K
Market Conditions
NOI Build-Up for 1,500 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
$61.6K $41.04/SF
− Vacancy
−$10.0K −$6.65/SF
EGI
$51.6K $34.39/SF
− OpEx
−$15.5K −$10.32/SF
NOI
$36.1K $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%
$722,220
Cap Rate 7%
$515,871
Cap Rate 9%
$401,233
Alternative Uses
Best Use
Retail
$515.9K
$451.4K – $601.9K
NOI $36,111 @ 7.0% cap · market cap 7.08%
Second Best
Industrial
$287.9K
$251.9K – $335.9K
NOI $20,152 @ 7.0% cap · market cap 3.95%
Theoretical Best
Office A
$819.1K
$716.7K – $955.6K
NOI $57,338 @ 7.0% cap · market cap 11.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
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 - Combined units support 12-vehicle capacity and come with a licensed diagnostic and European repair business.
Where is this auto shop located?
The property is located at 11951 SW 144th Court Unit 4 Miami, FL.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: Year built 2002—two combined commercial units joined into a single 3,000 SF space; 3,000 SF space with capacity for up to 12 vehicles; Includes Miami Auto Help, Inc., a licensed diagnostic and European auto repair business (nearly 25 years of operating history)
