Longwood Auto Shop For
154 Mingo Trail Longwood, FL 32750
For Sale
Contact for pricing
8,588 SF auto shop on 0.47 acres for sale.
Property Size8,588 SF
Lot Size0.47 Acres
Price / SF$273.64
Days on Market182
Property Features for 154 Mingo Trail
General Information
Standard status
Active
Size
8,588 SF
Lot size
0.47 Acres
Property subtype
Retail
Building Details
Year Built
1973
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Edward Otocka · License #NY 10401298466
Source:
Crexi
Added: Jan 28
Changed: Jul 6
Last Checked: Jul 6 at 12:23PM
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 SURMOUNT
Investment Insights
Based on property information with market context.
The property at 154 Mingo Trail, Longwood, FL 32750 is an auto shop. It features approximately 8,588 rentable square feet of building space on an estimated 0.47-acre parcel of land. The property is subject to a 20-year Triple Net (NNN) lease, which commenced 2/20/2025. The current annual rent is $164,500, with scheduled increases of 2.00% annually starting 3/1/2031.
Key Highlights
- 20‑year Triple Net (NNN) lease in place, commencing 2/20/2025.
- Current annual rent of $164,500.
- Scheduled annual rent increases of 2.00% starting 3/1/2031.
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 | $249.4k | $29.04 |
| − Vacancy | −$8.5k | −$0.99 |
| EGI | $240.9k | $28.05 |
| − OpEx | −$72.3k | −$8.42 |
| NOI | $168.6k | $19.64 |
8,588 SF · lease $29.04/SF/yr · vacancy 3.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.41M
$2.11M – $2.81M
NOI $168,641 @ 7.0% cap · market cap 7.18%
Second Best
Industrial
$685.4K
$599.7K – $799.6K
NOI $47,975 @ 7.0% cap · market cap 2.04%
Theoretical Best
Office A
$2.44M
$2.14M – $2.85M
NOI $171,073 @ 7.0% cap · market cap 7.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Black Jack Cycles — 1275 Bennett Dr unit 120, Longwood, FL 32750
- Commercial Truck Services, LLC (Road Service) — Newburyport Ave, Altamonte Springs, FL 32701
- Mid Florida Fabworks — 1275 Bennett Dr fl 146, Longwood, FL 32750
- J&J imports — 1275 Bennett Dr suite111, Longwood, FL 32750
- AB Classic Cars — 1275 Bennett Dr Unit 109, Longwood, FL 32750
Frequently Asked Questions
What type of property is this?
Auto shop - 8,588 SF auto shop on 0.47 acres for sale.
Where is this auto shop located?
The property is located at 154 Mingo Trail Longwood, FL.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: 20‑year Triple Net (NNN) lease in place, commencing 2/20/2025.; Current annual rent of $164,500.; Scheduled annual rent increases of 2.00% starting 3/1/2031.
