Established Auto Repair Business For
11070 NW 17th Ave Miami, FL 33167
For Sale
$1,350,000
Commercial property with auto repair business, excellent location, great opportunity.
Property Size4,040 SF
Lot Size0.41 Acres
Price / SF$334.16
Days on Market139
Property Features for 11070 NW 17th Ave
General Information
- Standard status
- Active
- Size
- 4,040 SF
- Lot size
- 0.41 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1946
Listing Agency:
Florida Realty of Miami Corp
(305) 305-3508
Listed By:
Maria Lorena Gonzalez · License #3241086
(305) 305-3508
Source:
Elliman
Added: Mar 11
Changed: Jul 6
Last Checked: Jul 26 at 10:35AM
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 Florida Realty of Miami Corp
Investment Insights
Based on property information with market context.
This commercial property features an established and operational auto repair business. The property is located on a corner lot and has been in business for 30 years. The lot size is 17,680 square feet, and the building size is 4,040 square feet. The property is zoned commercial and connected to sewer line recently. It is a grandfathered property in good condition. The location is near major expressways, I-95 and Gratigny 119 ST. Potential business uses include car dealer, boat repairs and services, machine shop or repairs automobiles and trucks.
Key Highlights
- Prime corner lot location with high visibility
- Zoned commercial, suitable for various business types
- Includes an established and operational auto repair business
Financial Insights For Industrial
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 | $81.4k | $20.16 |
| − Vacancy | −$3.9k | −$0.97 |
| EGI | $77.5k | $19.19 |
| − OpEx | −$23.3k | −$5.76 |
| NOI | $54.3k | $13.43 |
4,040 SF · lease $20.16/SF/yr · vacancy 4.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.88M
$1.65M – $2.20M
NOI $131,808 @ 7.0% cap · market cap 9.76%
Second Best
Industrial
$775.4K
$678.5K – $904.6K
NOI $54,276 @ 7.0% cap · market cap 4.02%
Theoretical Best
Specialty Retail
$2.73M
$2.39M – $3.18M
NOI $190,892 @ 7.0% cap · market cap 14.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
D K Auto ...
Auto Repair Shop
Similar Off Market Nearby
- Pappap Mobile Auto Mechanic — 844 NW 102nd St, Miami, FL 33150
- Y&M EXPRESS TIRES #2 — 1200 NW 103rd St, Miami, FL 33147
- L3Y Tuning and Diesel Performance — 1260nw 103st, Miami, FL 33147
- MORALES GLASS COMPANY — 917 NW 103rd St, Miami, FL 33150
- Trust in god towing — 982 nw 104th st, miami, fl 33150
FAQs
What type of property is this?
Auto shop - Commercial property with auto repair business, excellent location, great opportunity.
Where is this auto shop located?
The property is located at 11070 NW 17th Ave Miami, FL.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Prime corner lot location with high visibility; Zoned commercial, suitable for various business types; Includes an established and operational auto repair business
