Automotive Repair Building with Roll-Up
853 Ne 5th St Crystal River, FL 34429
For Sale
$450,000
Steel automotive repair facility with insulated ceilings, compressed air, three roll-up door bays, and an office/reception area.
Property Size2,960 SF
Price / SF$152.03
Days on Market739
Property Features for 853 Ne 5th St
General Information
- Standard status
- Active
- Size
- 2,960 SF
Listing Agency:
H & H Realty and Associates LLC
(352) 789-9235
Listed By:
Daniel Henry · License #3441639
(352) 789-9235
Source:
Exprealty
Added: Jul 15, 2024
Changed: Jul 22
Last Checked: Jul 22 at 7:42PM
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 H & H Realty and Associates LLC
Investment Insights
Based on property information with market context.
For sale with a lease option available (inquire for terms), this Class 2 steel automotive repair building at 853 NE 5th St in Crystal River, FL features insulated ceilings and compressed air lines throughout the enclosed space. Three 12x12 roll-up doors provide access to three bays. A separate reception area includes a half bath and an office with an ensuite bathroom, and the property also includes additional open-air and partially enclosed work space under a metal roof over concrete/asphalt.
The site offers approximately 100 feet of highway frontage with a center turn lane and high visibility on Fifth Street (aka State Road 44). Car counts are estimated at 32,000 vehicles per day, and FDOT repaving and widened sidewalks are noted as part of a “Grand Entrance” effort for the Crystal River area.
Currently used as an auto body shop, the property is described as adaptable to a range of related uses. The compressor conveys, while the lifts and frame rack do not convey.
The site offers approximately 100 feet of highway frontage with a center turn lane and high visibility on Fifth Street (aka State Road 44). Car counts are estimated at 32,000 vehicles per day, and FDOT repaving and widened sidewalks are noted as part of a “Grand Entrance” effort for the Crystal River area.
Currently used as an auto body shop, the property is described as adaptable to a range of related uses. The compressor conveys, while the lifts and frame rack do not convey.
Key Highlights
- Steel commercial building with 2,960 SF enclosed space plus almost 6,000 SF total work area (includes open air/partially enclosed area).
- Insulated ceilings and compressed air lines throughout, with compressor included; ideal for equipment‑based repair operations.
- Three 12x12 roll‑up doors providing access to three bays.
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 | $44.4k | $15.00 |
| − Vacancy | −$3.8k | −$1.28 |
| EGI | $40.6k | $13.73 |
| − OpEx | −$12.2k | −$4.12 |
| NOI | $28.4k | $9.61 |
2,960 SF · lease $15.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$406.3K
$355.5K – $474.0K
NOI $28,438 @ 7.0% cap · market cap 6.32%
Second Best
Warehouse
$307.3K
$268.9K – $358.5K
NOI $21,512 @ 7.0% cap · market cap 4.78%
Theoretical Best
Specialty Retail
$665.1K
$582.0K – $776.0K
NOI $46,557 @ 7.0% cap · market cap 10.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Special T Auto ...
Auto Repair Shop
Similar Off Market Nearby
- Michael Mello Auto Repair Services — 61 NE US Hwy 19, Crystal River, FL 34429
- Maintenance & More Automotive — 120 NE US Hwy 19, Crystal River, FL 34429
- Suncoast Auto World — 800 SE US Hwy 19, Crystal River, FL 34429
- Blue Chip Auto Glass — 715 se us hwy 19, crystal river, fl 34429
- Angel's Automotive — 7870 W Gulf to Lake Hwy, Crystal River, FL 34429
FAQs
What type of property is this?
Auto shop - Steel automotive repair facility with insulated ceilings, compressed air, three roll-up door bays, and an office/reception area.
Where is this auto shop located?
The property is located at 853 Ne 5th St Crystal River, FL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Steel commercial building with 2,960 SF enclosed space plus almost 6,000 SF total work area (includes open air/partially enclosed area).; Insulated ceilings and compressed air lines throughout, with compressor included; ideal for equipment‑based repair operations.; Three 12x12 roll‑up doors providing access to three bays.
