Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    154 Mingo Trl Longwood, FL 32750

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    8,588 SF auto shop on 0.47 acres for sale.

    Property size:
    8,588 SF
    Lot size:
    0.47 Acres

    Property Features for 154 Mingo Trl

    General Information

    Standard status
    Active
    Size
    8,588 SF
    Lot size
    0.47 Acres

    Building Details

    Year built
    1973

    We can help!

    Listing Contact
    Edward Otocka
    Source: Crexi

    Listing Agency: SURMOUNT Listing Agent: Edward Otocka

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Longwood Auto Shop For Sale

    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.
    Location Intelligence

    Current Use by Public Records

    Marty's Auto Works Auto Repair Shop

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Black Jack Cycles, Commercial Truck Services, LLC (Road Service), Mid Florida Fabworks, J&J imports, AB Classic Cars

    Location Insight

    • Map
    • Local Demand
    City
    Longwood
    County
    Seminole
    State
    Florida
    Longitude
    -81.3566992
    Latitude
    28.6958484

    Nearby Similar for Sale

    • $700,000
      3,230 SF

      LONGWOOD, FL Industrial Flex Space

      3,230 SF flex space with offices and warehouse door.
      2005 Tree Fork Ln, Longwood, FL 32750
      View Details
    • $740,000
      1,002 SF

      Longwood Automotive/Retail Opportunity

      High-exposure Longwood location with transferable auto sales/repair licenses.
      377 E State Road 434, Longwood, FL 32750
      View Details
    • $419,000
      2,542 SF

      Longwood Duplex: Income-Producing Opportunity

      Income-producing duplex in Longwood near shopping, dining, and transportation.
      737 E Church Ave, Longwood, FL 32750
      View Details
    • $510,000
      2,632 SF

      Longwood Duplex on Corner Lot

      Duplex in Longwood, Florida, featuring a new roof.
      895 Pasadena Ave, Longwood, FL 32750
      View Details
    • $499,500
      2,632 SF

      Longwood Duplex on Corner Lot

      Large duplex on a corner lot with a new roof.
      895 Pasadena Ave, Longwood, FL 32750
      View Details
    • $6,937,000
      46,560 SF

      Updated Warehouse in Longwood Industrial Area

      46,560 SF warehouse on 2.5 acres in Longwood, Florida.
      1356 Bennett Dr, Longwood, FL 32750
      View Details
    • $2,800,000

      Automotive Property on High-Traffic Corridor

      Versatile automotive facility on US 17/92 in Longwood, Florida.
      529 North St N US 17/92, Longwood, FL 32750
      View Details
    • $399,500
      Pending

      Downtown Longwood Office/Live-Work Building

      Freestanding office or live/work building in historic downtown Longwood.
      272 W Warren Ave, Longwood, FL 32750
      View Details
    • $6,937,000
      46,560 SF

      Updated Warehouse in Longwood, Florida

      46,560 SF updated warehouse on 2.5 acres in Longwood.
      1356 Bennett Dr, Longwood, FL 32750
      View Details
    • $2,800,000

      Automotive Property on High-Traffic Corridor

      Versatile automotive facility on US 17/92 in Longwood, Florida.
      529 North St N US 17/92, Longwood, FL 32750
      View Details
    • $898,999

      Highway Frontage Auto Sales Opportunity

      Half-acre C-2 zoned property suitable for auto sales/repair/retail.
      575 Us Highway 17 92, Longwood, FL 32750
      View Details
    • $4,500,000
      19,200 SF

      Longwood Industrial Investment Opportunity

      Industrial investment site featuring multiple buildings and flexible tenant options.
      145 Ronning Way, Longwood, FL 32750
      View Details

    FAQs

    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 Trl Longwood, FL.
    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.
    Request Owner's contact information
    154 Mingo Trl Longwood, FL 32750
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    154 Mingo Trl
    Longwood, FL 32750
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    154 Mingo Trl Longwood, FL 32750
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Edward Otocka
    Real Estate License ID: 10401298466
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!