Auto Shop With Spray
For Sale
$2,500,000
2005 NW 10th Ave, Miami, FL 33127
Collision repair facility with specialized equipment, current permits, and an experienced team in place.
Property Size3,136 SF
Price / SF$797.19
Days on Market199
Property Features for 2005 NW 10th Ave
General Information
Standard status
Active
Size
3,136 SF
Property subtype
Industrial
Additional Details
Business Included
Yes
Building Details
Building Size
3,136 SF
Year Built
1939
Listing Agency:
AR Quinn Realty
(786) 355-0760
Listed By:
Alejandro Reyna · License #3106620
Source:
Casacollectiongroup
Added: Jan 14
Changed: Jul 31
Last Checked: Jul 31 at 6:42PM
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 AR Quinn Realty
Investment Insights
Based on property information with market context.
This 3,136-square-foot collision repair facility was built in 1939 and is equipped for automotive body shop operations. Improvements include a professional spray booth, frame racks, and specialized tools. The property has operated as an established Miami collision center for 40 years, with current permits and licenses in place.
Located at 2005 NW 10th Ave in Miami, the facility includes an experienced team already in place. The current owner is willing to remain during the transition period, providing continuity through the handoff. The sale includes the operating facility and its existing automotive equipment.
Located at 2005 NW 10th Ave in Miami, the facility includes an experienced team already in place. The current owner is willing to remain during the transition period, providing continuity through the handoff. The sale includes the operating facility and its existing automotive equipment.
Key Highlights
- 3,136‑square‑foot collision repair facility
- Professional spray booth and frame racks included
- Specialized automotive body shop tools in place
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 | $162.9k | $51.96 |
| − Vacancy | −$16.8k | −$5.35 |
| EGI | $146.2k | $46.61 |
| − OpEx | −$43.8k | −$13.98 |
| NOI | $102.3k | $32.63 |
3,136 SF · lease $51.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.46M
$1.28M – $1.71M
NOI $102,314 @ 7.0% cap · market cap 4.09%
Second Best
Industrial
$601.9K
$526.6K – $702.2K
NOI $42,131 @ 7.0% cap · market cap 1.69%
Theoretical Best
Specialty Retail
$2.12M
$1.85M – $2.47M
NOI $148,177 @ 7.0% cap · market cap 5.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
7,070
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33127, FL
27,692
Population
11,245
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
69%
High-School Grad
3.3 sq mi
ZIP Area
8,392
Density / Sq Mi
$41,125
Median Household Income
$30,240
Median Earnings
$1,394
Median Rent
$398,800
Median Home Value
Market
Vacancy Rate% for Retail in Miami, FL
Questions? Ask Rey
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Similar Off Market Nearby
- Brake C.V. Joint General Mechanic — 1550 NW 17th Ave, Miami, FL 33125
- Auto Collision — Miami, FL 33136
- J. Mobil Inc — 1550 NW 17th Ave, Miami, FL 33125
- USA Tires & Mobile — 1550 NW 17th Ave, Miami, FL 33125
- Rosseveltislandupholstrycustom — Móvil a su casa, Miami, FL 33136
Frequently Asked Questions
What type of property is this?
Auto shop - Collision repair facility with specialized equipment, current permits, and an experienced team in place.
Where is this auto shop located?
The property is located at 2005 NW 10th Ave Miami, FL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 3,136‑square‑foot collision repair facility; Professional spray booth and frame racks included; Specialized automotive body shop tools in place