Renovated Property with Highway
153s Us 1 Oak Hill, FL 32759
For Sale
$590,000
1.5+ Acres – Direct US Highway 1 Access!
Property Size1,855 SF
Lot Size1.53 Acres
Price / SF$318.06
Days on Market198
Property Features for 153s Us 1
General Information
- Standard status
- Active
- Property type
- Auto shops, Storefront properties, Commercial land, Automotive properties, Individual retail properties, Land
- Size
- 1,855 SF
- Net Rentable
- 1,855 SF
- Class
- C
- Total Parking Spaces
- 25
- Elevators
- No
- Lot size
- 1.53 Acres
Building Details
- Year Built
- 1956
- Year Renovated
- 2024
- Buildings
- 1
- Stories
- 1
- Units
- 1
Listing Agency:
Dalton Wade Inc.
(978) 804-9232
Listed By:
Linda · License #3392783
(978) 804-9232
Added: Jan 7
Changed: Mar 16
Investment Insights
Based on property information with market context.
This renovated property, situated on over 1.5 acres, features direct access to US Highway 1. The property has been completely updated, including a new metal roof, columns, and back porch. The interior and exterior have been refreshed with new stucco, paint, and hardboard siding. New floors, bathroom tile, sinks, and fixtures have been installed, along with new plumbing under the slab, a new water pump, and water lines. The septic tank has been fully replaced, and new impact windows have been added. Electrical systems have been updated throughout. The property includes well and septic systems, both of which are new. There are two bathrooms, one inside and one outside, each equipped with a shower. The property offers plenty of parking and includes two bays, each measuring 28' x 17', as well as a 12' x 14' move-in-ready office. Over one acre has been cleared for storage or additional buildings. Located in Oak Hill, Florida, one of the fastest-growing areas along the coast, this property presents a significant opportunity.
Key Highlights
- Totally renovated 2024 - 1+ acres cleared for storage or additional buildings
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 | $27.8k | $15.00 |
| − Vacancy | −$2.9k | −$1.55 |
| EGI | $25.0k | $13.46 |
| − OpEx | −$7.5k | −$4.04 |
| NOI | $17.5k | $9.42 |
1,855 SF · lease $15.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$249.6K
$218.4K – $291.2K
NOI $17,471 @ 7.0% cap · market cap 2.96%
Second Best
Industrial
$157.8K
$138.1K – $184.1K
NOI $11,044 @ 7.0% cap · market cap 1.87%
Theoretical Best
Office A
$547.0K
$478.6K – $638.1K
NOI $38,287 @ 7.0% cap · market cap 6.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Auto shops
Similar Off Market Nearby
- TMZ Auto — 415 Ward Dr, Oak Hill, FL 32759
FAQs
What type of property is this?
Auto shop - 1.5+ Acres – Direct US Highway 1 Access!
Where is this auto shop located?
The property is located at 153s Us 1 Oak Hill, FL.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: Totally renovated 2024 - 1+ acres cleared for storage or additional buildings
