Auto Repair Shop with Service
2011 CITRUS BOULEVARD Leesburg, FL 34748
2011 CITRUS BOULEVARD, Leesburg, FL, 34748
$595,000
For Sale
$595,000
Free-standing auto repair facility with five bays, two lifts, and a customer counter and waiting area.
Property Size2,948 SF
Price / SF$201.83
Days on Market531
Property Features for 2011 CITRUS BOULEVARD
General Information
- Standard status
- Active
- Size
- 2,948 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1945
Listing agency
AKIN REALTY COMPANY
(352) 804-2446
Listed by
Van Akin, II · License #0242005
(352) 804-2446
Source
Exitrealty
Added: Feb 5, 2025 Updated: Jul 20 at 5:44PM Checked: Jul 21 at 4:40AM
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 AKIN REALTY COMPANY
Investment Insights
Based on property information with market context.
This for-sale auto repair property is currently operating as 1st Stop Auto Repair and is set up for hands-on service work. The building includes five automotive bays and two lifts, along with a commercial counter and waiting area for customers. Interior support space includes a kitchen with living quarters, plus two bathrooms and two restrooms.
The property is located on US 441/27 in Leesburg, FL, positioned between Subway and Domino's Pizza and across from Walgreens, providing established retail surroundings.
As presented, the site is listed with an ADTC of 37,500. The configuration supports both vehicle service and on-site functionality, making it suitable for an owner-operator or a tenant looking for an automotive-ready facility.
The property is located on US 441/27 in Leesburg, FL, positioned between Subway and Domino's Pizza and across from Walgreens, providing established retail surroundings.
As presented, the site is listed with an ADTC of 37,500. The configuration supports both vehicle service and on-site functionality, making it suitable for an owner-operator or a tenant looking for an automotive-ready facility.
Key Highlights
- Free‑standing auto repair facility built in 1945
- Includes 5 automotive bays and 2 lifts
- Customer‑facing commercial counter and waiting area
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 | $53.1k | $18.00 |
| − Vacancy | −$3.2k | −$1.10 |
| EGI | $49.8k | $16.90 |
| − OpEx | −$14.9k | −$5.07 |
| NOI | $34.9k | $11.83 |
2,948 SF · lease $18.00/SF/yr · vacancy 6.10% · expense 30.00%
Alternative Uses
Best Use
Retail
$498.3K
$436.0K – $581.3K
NOI $34,879 @ 7.0% cap · market cap 5.86%
Second Best
Industrial
$235.3K
$205.9K – $274.5K
NOI $16,468 @ 7.0% cap · market cap 2.77%
Theoretical Best
Office A
$838.9K
$734.1K – $978.7K
NOI $58,724 @ 7.0% cap · market cap 9.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Tire Round-Up Inc
(Bike/Boat/Book/etc) Store
Fist stop auto
Hardware & Home Improvement
FIRST STOP AUTO ...
Auto Repair Shop
Similar For Sale Nearby
Similar Off Market Nearby
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- Millennium Tint & Graphics Inc — 1318 N 14th St, Leesburg, FL 34748
- Eddie's mechanic shop — 1326 N 14th St, Leesburg, FL 34748
- 123Motorsports — 1322 N 14th St, Leesburg, FL 34748
FAQs
What type of property is this?
Auto shop - Free-standing auto repair facility with five bays, two lifts, and a customer counter and waiting area.
Where is this auto shop located?
The property is located at 2011 CITRUS BOULEVARD Leesburg, FL.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Free‑standing auto repair facility built in 1945; Includes 5 automotive bays and 2 lifts; Customer‑facing commercial counter and waiting area
