Auto Body Shop
For Sale
Contact for pricing
14141 SW 142nd St, Miami, FL 33186
9,100 SF warehouse ideal for luxury vehicle service.
Property Size9,100 SF
Lot Size0.51 Acres
Price / SF$307.69
Days on Market450
Property Features for 14141 SW 142nd St
General Information
Standard status
Active
Size
9,100 SF
Total Parking Spaces
14
Lot size
0.51 Acres
Property subtype
Industrial, Retail
Building Details
Year Built
1994
Buildings
1
Stories
1
Listing Agency:
Fortex Realty Inc
Listed By:
Andres Rivas · License #3263229
Source:
Crexi
Added: May 31, 2025
Changed: Aug 10
Last Checked: Aug 23 at 3:51AM
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 Fortex Realty Inc
Investment Insights
Based on property information with market context.
This 9,100 square-foot warehouse, situated on a 22,300 square-foot lot, is currently operating as a Porsche specialty body shop. The property features 24-foot ceilings, providing ample overhead clearance. There are over 15 on-site parking spaces available. The property is located in a high-demand industrial corridor, offering excellent access and visibility. The lot is gated. The property is zoned for industrial use and has heavy power. It is set up for luxury auto work.
Key Highlights
- 9,100 SF warehouse optimized for automotive service & repair.
- Turnkey setup for luxury auto work, currently operating as a Porsche specialty body shop.
- Excellent access & visibility in a high‑demand industrial corridor.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$219,074
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.82%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,381,480
$4.4M
Cap Rate 7%
$3,129,629
$3.1M
Cap Rate 9%
$2,434,156
$2.4M
Market Conditions
NOI Build-Up for 9,100 SF
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.
Gross rent
$373.5K $41.04/SF
− Vacancy
−$60.5K −$6.65/SF
EGI
$313.0K $34.39/SF
− OpEx
−$93.9K −$10.32/SF
NOI
$219.1K $24.07/SF
Area
ZIP 33186
Vacancy
16.20%
Lease Rate
$41.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,381,480
Cap Rate 7%
$3,129,629
Cap Rate 9%
$2,434,156
Alternative Uses
Best Use
Retail
$3.13M
$2.74M – $3.65M
NOI $219,074 @ 7.0% cap · market cap 7.82%
Second Best
Warehouse
$2.12M
$1.86M – $2.47M
NOI $148,453 @ 7.0% cap · market cap 5.30%
Theoretical Best
Office A
$4.97M
$4.35M – $5.80M
NOI $347,850 @ 7.0% cap · market cap 12.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,706
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33186, FL
69,866
Population
24,397
Households
2.9
Avg Household Size
42
Median Age
36%
College-Educated
91%
High-School Grad
12.4 sq mi
ZIP Area
5,634
Density / Sq Mi
$86,481
Median Household Income
$46,755
Median Earnings
$2,021
Median Rent
$422,300
Median Home Value
Market
Vacancy Rate% for Industrial in Miami, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Auto shop - 9,100 SF warehouse ideal for luxury vehicle service.
Where is this auto shop located?
The property is located at 14141 SW 142nd St Miami, FL.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: 9,100 SF warehouse optimized for automotive service & repair.; Turnkey setup for luxury auto work, currently operating as a Porsche specialty body shop.; Excellent access & visibility in a high‑demand industrial corridor.
