Automotive Repair Building and
For Sale
$1,100,000
11951 SW 144th Court #4 & 5, Miami, FL 33186
Joined Units 4 and 5 offer a single automotive space with capacity for 12 vehicles and an included established repair business.
Property Size3,000 SF
Price / SF$366.67
Days on Market47
Property Features for 11951 SW 144th Court #4 & 5
General Information
Standard status
Active
Size
3,000 SF
Total Parking Spaces
4
Zoning
7700
Additional Details
Business Included
Yes
Building Details
Building Size
3,000 SF
Year Built
2002
Buildings
1
Stories
1
Listing Agency:
The Valenzuela Real Estate Group
Listed By:
Deborah Lom Bautista · License #A12053889
(786) 278-7313
Source:
Laerrealty
Added: Jul 21
Changed: Aug 28
Last Checked: Sep 5 at 4:01AM
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 sale includes two combined commercial units operating as a single automotive facility. Units 4 and 5 are joined into one space with capacity for 12 vehicles, supporting automotive repair and diagnostics in one consolidated layout. The purchase also includes Miami Auto Help, Inc., a European auto repair and diagnostic business with close to 25 years of operating history, along with its licenses and permits, which are reported as current and transferable with the sale.
The property is located next to Tamiami Airport in an active Miami-Dade industrial corridor. The business is included as part of the transaction, and the offering is described as turnkey, with goodwill, equipment, branding, and the client base transferring to the new owner. Showings are by appointment only, and the seller requests that business operations and employees not be disturbed.
The property is located next to Tamiami Airport in an active Miami-Dade industrial corridor. The business is included as part of the transaction, and the offering is described as turnkey, with goodwill, equipment, branding, and the client base transferring to the new owner. Showings are by appointment only, and the seller requests that business operations and employees not be disturbed.
Key Highlights
- Units 4 and 5 are joined into one 3,000 SF automotive space with capacity for 12 vehicles
- Included business: Miami Auto Help, Inc., a diagnostic and European auto repair shop with close to 25 years of operating history
- All licenses and permits are current and transfer with the sale
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
516
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Auto shop - Joined Units 4 and 5 offer a single automotive space with capacity for 12 vehicles and an included established repair business.
Where is this auto shop located?
The property is located at 11951 SW 144th Court #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: Units 4 and 5 are joined into one 3,000 SF automotive space with capacity for 12 vehicles; Included business: Miami Auto Help, Inc., a diagnostic and European auto repair shop with close to 25 years of operating history; All licenses and permits are current and transfer with the sale
