Auto Repair and Flex
1254 34th Street S St Petersburg, FL 33711
1254 34th Street S, St Petersburg, FL, 33711
$893,000
For Sale
$893,000
Versatile commercial building with four oversized garage bays suitable for auto repair and light industrial use.
Property Size3,740 SF
Price / SF$238.77
Days on Market1130
Property Features for 1254 34th Street S
General Information
- Standard status
- Active
- Size
- 3,740 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1986
Listing agency
DALTON WADE INC
(888) 668-8283
Listed by
Latonya Oliver · License #3317238
Source
Xome
Added: Jun 19, 2023 Updated: Jul 22 at 8:46AM Checked: Jul 22 at 8:46AM
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 DALTON WADE INC
Investment Insights
Based on property information with market context.
This versatile commercial property includes four oversized garage bays designed for auto repair and tire service, alignments, or light industrial use. The building has remained operational through recent storm seasons, reflecting continued viability. Additional flexibility may be available for a custom business buildout within the existing bay configuration.
The property is positioned on a high-visibility corridor with steady traffic flow, supported by strong frontage. It is located in a federally designated Opportunity Zone and zoned for multiple commercial uses.
For buyers seeking an owner-operator setup or an investment opportunity, the combination of functional bay space and flexible commercial zoning supports a range of compatible uses.
The property is positioned on a high-visibility corridor with steady traffic flow, supported by strong frontage. It is located in a federally designated Opportunity Zone and zoned for multiple commercial uses.
For buyers seeking an owner-operator setup or an investment opportunity, the combination of functional bay space and flexible commercial zoning supports a range of compatible uses.
Key Highlights
- 1986‑built versatile commercial property with 4 oversized garage bays for auto repair, tire service, alignments, or light industrial use
- Central air cooling
- 3 guest facilities
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 | $56.1k | $15.00 |
| − Vacancy | −$3.6k | −$0.98 |
| EGI | $52.5k | $14.03 |
| − OpEx | −$15.7k | −$4.21 |
| NOI | $36.7k | $9.82 |
3,740 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$524.5K
$459.0K – $612.0K
NOI $36,717 @ 7.0% cap · market cap 4.11%
Second Best
Flex RnD
$483.4K
$423.0K – $563.9K
NOI $33,836 @ 7.0% cap · market cap 3.79%
Theoretical Best
Office A
$972.8K
$851.2K – $1.13M
NOI $68,096 @ 7.0% cap · market cap 7.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Florida Brake & Tire
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
Similar Off Market Nearby
- Whitey's Transmission Service — 3101 22nd Ave S, St. Petersburg, FL 33712
- Dreamantic Auto Service, Llc — 2721 18th Ave S, St. Petersburg, FL 33712
- Auto Glass Now — 1720 34th St S, St. Petersburg, FL 33711
- KNOWTOW 24hr Motorcycle Towing — 1720 34th St S, St. Petersburg, FL 33711
- Dan's Brake World — 2200 34th St S, St. Petersburg, FL 33711
FAQs
What type of property is this?
Auto shop - Versatile commercial building with four oversized garage bays suitable for auto repair and light industrial use.
Where is this auto shop located?
The property is located at 1254 34th Street S St Petersburg, FL.
What is the asking price?
The asking price for this property is $893,000.
What are key features of this property?
This property features: 1986‑built versatile commercial property with 4 oversized garage bays for auto repair, tire service, alignments, or light industrial use; Central air cooling; 3 guest facilities
