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Freestanding Auto Shop Redevelopment Opportunity
For Sale
$3,950,000

1771 S State Road 7, Davie, FL 33021

B-3 zoned freestanding auto shop on US-441 with renovation underway and delivery planned for a used car dealership Certificate of Use.

Property Size14,046 SF
Lot Size1.06 Acres
Price / SF$281.22
Days on Market44

Property Features for 1771 S State Road 7

General Information

Standard status Active
Size 14,046 SF
Total Parking Spaces 100
Lot size 1.06 Acres
Property subtype Land
Zoning B-3

Site & Location

Traffic Count 50,500 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Buildings 1
Listing Agency: The 305 Agency Miami, LLC.
Listed By: Sandra Lopez Benkahla · License #3362005
Source: Exprealty
Added: Jun 19 Changed: Jul 30 Last Checked: Jul 31 at 2:52PM

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 The 305 Agency Miami, LLC.

Investment Insights

Based on property information with market context.

This freestanding auto shop redevelopment property is situated on a 1.064-acre site and includes a 14, 046 SF building. The property is zoned B-3, which supports multiple commercial uses, including a used car dealership. Renovation work has been initiated, and the property is intended to be delivered with a Certificate of Use for a used car dealership. The property is being offered AS-IS, and construction will not be completed by the seller.

The site is positioned on State Road 7 (US-441), directly across from Gunther Volkswagen and just north of I-595, supporting high visibility and convenient access from both northbound and southbound State Road 7. The property is reported to benefit from over 50, 500 vehicles per day and includes approximately 100 parking spaces.

For buyers seeking an automotive-oriented commercial asset with an established dealership use in mind, this B-3 site offers a substantial base building and a planned Certificate of Use pathway, with scope to align the final buildout to business needs.

Key Highlights

  • 1.064‑acre site with 46, 346 SF lot size
  • 14, 046 SF freestanding building
  • B‑3 zoning allowing multiple commercial uses, including a used car dealership

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 $237.7k $16.92
− Vacancy −$13.8k −$0.98
EGI $223.9k $15.94
− OpEx −$67.2k −$4.78
NOI $156.7k $11.16
14,046 SF · lease $16.92/SF/yr · vacancy 5.80% · expense 30.00%

Alternative Uses

Best Use
Retail
$2.24M
$1.96M – $2.61M (±1% cap)
NOI $156,712 @ 7.0% cap · market cap 3.97%
Second Best
Industrial
$2.19M
$1.92M – $2.56M (±1% cap)
NOI $153,517 @ 7.0% cap · market cap 3.89%
Theoretical Best
Warehouse
$2.66M
$2.33M – $3.11M (±1% cap)
NOI $186,413 @ 7.0% cap · market cap 4.72%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Travel Agency Pet Grooming Service Tattoo & Piercing Shop Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

50,500 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,223
Businesses Nearby
55k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 78% Shops & Services 20% Electronics 2%
McDonald's Dining
34,374 visits/mo 0.1 miles
Exxon Shops & Services
9,503 visits/mo 0.2 miles
Burger King Dining
4,539 visits/mo 0.4 miles
Dunkin' Donuts Dining
4,085 visits/mo 0.4 miles
Public Storage Shops & Services
1,478 visits/mo 0.1 miles

Demographics for 33021, FL

50,091
Population
21,930
Households
2.3
Avg Household Size
43
Median Age
38%
College-Educated
91%
High-School Grad
8.8 sq mi
ZIP Area
5,692
Density / Sq Mi
$69,249
Median Household Income
$41,390
Median Earnings
$1,707
Median Rent
$395,800
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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 - B-3 zoned freestanding auto shop on US-441 with renovation underway and delivery planned for a used car dealership Certificate of Use.
Where is this auto shop located?
The property is located at 1771 S State Road 7 Davie, FL.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: 1.064‑acre site with 46, 346 SF lot size; 14, 046 SF freestanding building; B‑3 zoning allowing multiple commercial uses, including a used car dealership
More about this property
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