Lynn Haven Commercial Property For
1511 Delaware Avenue Lynn Haven, FL 32444
1511 Delaware Avenue, Lynn Haven, FL, 32444
$330,000
For Sale
$330,000
Versatile commercial property suitable for auto service, storage, or retail.
Property Size1,863 SF
Lot Size0.40 Acres
Price / SF$177.13
Days on Market241
Property Features for 1511 Delaware Avenue
General Information
- Standard status
- Active
- Size
- 1,863 SF
- Lot size
- 0.40 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1980
Listing Agency
COASTAL PALMS REAL ESTATE
(716) 912-1447
Listed by
BRANDIE ALLON
Source
Corcoran
Added: Nov 21, 2025 Updated: Jul 6 at 10:18 am Checked: Jul 20 at 4:10 am
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 COASTAL PALMS REAL ESTATE
Investment Insights
Based on property information with market context.
This commercial property, formerly a mechanic shop, is available for sale in Lynn Haven. The property features two bay doors, two office spaces, and a bathroom. It is suitable for auto service, storage, or other commercial uses. The property is located in a high-traffic area.
Key Highlights
- High‑traffic location ideal for commercial ventures.
- Versatile property suitable for auto service, storage, or other commercial uses.
- Includes two bay doors for easy access and operations.
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 | $31.7k | $17.04 |
| − Vacancy | −$2.6k | −$1.40 |
| EGI | $29.1k | $15.64 |
| − OpEx | −$8.7k | −$4.69 |
| NOI | $20.4k | $10.95 |
1,863 SF · lease $17.04/SF/yr · vacancy 8.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$291.4K
$255.0K – $340.0K
NOI $20,400 @ 7.0% cap · market cap 6.18%
Second Best
Industrial
$175.3K
$153.4K – $204.6K
NOI $12,274 @ 7.0% cap · market cap 3.72%
Theoretical Best
Office A
$542.8K
$475.0K – $633.3K
NOI $37,997 @ 7.0% cap · market cap 11.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Pierce Auto Sales
Car Dealership
Similar For Sale Nearby
Similar Off Market Nearby
- AUTO RECONDITIONING CENTER — 1937 texas ave, lynn haven, fl 79411
FAQs
What type of property is this?
Auto shop - Versatile commercial property suitable for auto service, storage, or retail.
Where is this auto shop located?
The property is located at 1511 Delaware Avenue Lynn Haven, FL.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: High‑traffic location ideal for commercial ventures.; Versatile property suitable for auto service, storage, or other commercial uses.; Includes **two bay doors** for easy access and operations.
