5670 Laurel Avenue Stock Island, FL 33040
CBS auto service building on two combined lots with covered and outdoor work areas and mixed-use zoning.
Property Features for 5670 Laurel Avenue
General Information
- Standard status
- Active
- Size
- 5,258 SF
Building Details
- Year Built
- 1980
Listing office RE/MAX Keys Connection (KW) (305) 304-0084
Listing date Jul 7, 2026
Source Laerrealty
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All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Keys Connection (KW)
Investment Insights
Based on property information with market context.
The location is on Laurel Ave with convenient access to Overseas Hwy, and the property sits behind the free-standing CVS at MM 5. The County zoning is Mixed Use (MU), allowing for many commercial and residential uses, though the subject property is in an AE flood zone.
For a buyer or operator seeking a service-focused commercial site, the existing improvements and on-site licensing support public service marine repair, towing & salvage, and retail sales, along with auto repair, detailing, towing & rentals. Seller may consider owner financing to a qualified buyer, and new building may be considered for the site as well.
Key Highlights
- 5,258 SF CBS auto service building (ground level) on two combined 50' x 125' lots
- 100' frontage x 125' deep on Laurel Ave, located behind the free‑standing CVS at MM 5
- Mixed Use (MU) county zoning with commercial and residential uses possible
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 | $113.6k | $21.60 |
| − Vacancy | −$11.7k | −$2.22 |
| EGI | $101.9k | $19.38 |
| − OpEx | −$30.6k | −$5.81 |
| NOI | $71.3k | $13.56 |
Alternative Uses
Property Analytics
Current Use by Public Records
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