Established Auto Repair Shop
For Sale
$700,000
2012 Guava Dr, Edgewater, FL 32141
Land and building suitable for auto body or retail.
Property Size2,400 SF
Price / SF$291.67
Days on Market215
Property Features for 2012 Guava Dr
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Commercial
Building Details
Year Built
2002
Listing Agency:
Paradise Realty of SWFL LLC
Listed By:
Thaddeus Deitriech · License #258500138
(239) 321-1779
Source:
Naplesareahomesearch
Added: Mar 15
Changed: Oct 1
Last Checked: Oct 14 at 11:49PM
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 Paradise Realty of SWFL LLC
Investment Insights
Based on property information with market context.
Located in Edgewater, Florida, just south of Daytona Beach, this property features a 2,400-square-foot building suitable for an auto body operation or other commercial uses. The building includes two separate bays, each with a 12-foot overhead door, two bathrooms, an office/customer area, and two separate entry doors. The property is situated on Guava Drive in a mixed-use commercial area and offers ample parking and fenced front areas. The site is suitable for expanding an existing auto body operation or relocating to the area. An established onsite operating auto body business is available for purchase at an additional cost. The existing business has been operating for over 25 years and is integrated with a major insurance claims network. Bay 1 includes a Brewco 360 Frame Rack and a Brewco Lift. Bay 2 features a DeVilbiss paint booth. The seller is open to providing brief assistance to the new proprietor during the transition.
Key Highlights
- Turnkey collision repair operation available with equipment and licensing transfer.
- Prime Edgewater, FL location near Daytona Beach.
- Integrated with major insurance claims network for consistent referrals.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,604
Cap Rate
3.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$452,080
$452.1K
Cap Rate 7%
$322,914
$322.9K
Cap Rate 9%
$251,156
$251.2K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$36.0K $15.00/SF
− Vacancy
−$3.7K −$1.55/SF
EGI
$32.3K $13.46/SF
− OpEx
−$9.7K −$4.04/SF
NOI
$22.6K $9.42/SF
Area
Volusia County, FL
Vacancy
10.30%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$452,080
Cap Rate 7%
$322,914
Cap Rate 9%
$251,156
Alternative Uses
Best Use
Retail
$322.9K
$282.6K – $376.7K
NOI $22,604 @ 7.0% cap · market cap 3.23%
Second Best
Industrial
$204.1K
$178.6K – $238.1K
NOI $14,288 @ 7.0% cap · market cap 2.04%
Theoretical Best
Office A
$707.7K
$619.2K – $825.6K
NOI $49,536 @ 7.0% cap · market cap 7.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
540
Businesses Nearby
1k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Electronics 100%
Metro by T-Mobile
Electronics
786 visits/mo
0.5 miles
Boost Mobile
Electronics
551 visits/mo
0.4 miles
Demographics for 32141, FL
17,955
Population
9,400
Households
1.9
Avg Household Size
54
Median Age
23%
College-Educated
93%
High-School Grad
23.6 sq mi
ZIP Area
761
Density / Sq Mi
$61,110
Median Household Income
$37,874
Median Earnings
$1,481
Median Rent
$244,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Florida Shores Auto Repair — 2326 Hibiscus Dr, Edgewater, FL 32141
- Harold's Engine Rebuilding — 2327 Guava Dr, Edgewater, FL 32141
- ASH-SPEC Performance — 1920 Royal Palm Dr, Edgewater, FL 32141
- Clinton's Auto Body & Services — 2010 Hibiscus Dr, Edgewater, FL 32141
- Volvo Restoration and Auto Repair — 1952 guava dr, edgewater, fl 32132
Frequently Asked Questions
What type of property is this?
Auto shop - Land and building suitable for auto body or retail.
Where is this auto shop located?
The property is located at 2012 Guava Dr Edgewater, FL.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Turnkey collision repair operation available with equipment and licensing transfer.; Prime Edgewater, FL location near Daytona Beach.; Integrated with major insurance claims network for consistent referrals.
