Automotive Repair
For Sale
Contact for pricing
2421 NW 27th Ave, Miami, FL 33142
Functional layout supports automotive repair, body work, detailing, and tire service.
Property Size3,250 SF
Price / SF$424.31
Days on Market17
Property Features for 2421 NW 27th Ave
General Information
Standard status
Active
Size
3,250 SF
Property subtype
INDUSTRIAL
Listing Agency:
Fausto Commercial Realty
(305) 753-4200
Listed By:
Joshua Jimenez · License #SL3547274
Source:
Moodyscre
Added: Jul 16
Changed: Jul 31
Last Checked: Jul 31 at 11:11AM
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 Fausto Commercial Realty
Investment Insights
Based on property information with market context.
This 3,250-square-foot auto shop at 2421 NW 27th Ave in Miami’s Allapattah area features a functional layout for automotive-related operations. The property supports automotive repair, body work, detailing, tire service, and related uses.
Located in Miami, the property provides a dedicated commercial setting for an automotive business serving the surrounding Allapattah area.
Located in Miami, the property provides a dedicated commercial setting for an automotive business serving the surrounding Allapattah area.
Key Highlights
- 3,250 square feet of auto shop space
- Located at 2421 NW 27th Ave in Miami, FL 33142
- Functional layout supports automotive repair, body work, detailing, and tire service
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 | $168.9k | $51.96 |
| − Vacancy | −$17.4k | −$5.35 |
| EGI | $151.5k | $46.61 |
| − OpEx | −$45.4k | −$13.98 |
| NOI | $106.0k | $32.63 |
3,250 SF · lease $51.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.51M
$1.33M – $1.77M
NOI $106,033 @ 7.0% cap · market cap 7.69%
Second Best
Industrial
$623.8K
$545.8K – $727.7K
NOI $43,663 @ 7.0% cap · market cap 3.17%
Theoretical Best
Specialty Retail
$2.19M
$1.92M – $2.56M
NOI $153,564 @ 7.0% cap · market cap 11.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,074
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33142, FL
55,425
Population
22,275
Households
2.5
Avg Household Size
39
Median Age
13%
College-Educated
69%
High-School Grad
10.9 sq mi
ZIP Area
5,085
Density / Sq Mi
$37,900
Median Household Income
$29,109
Median Earnings
$1,289
Median Rent
$298,000
Median Home Value
Market
Vacancy Rate% for Retail in Miami, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- F&Z INC — 3280 W Trade Ave, Miami, FL 33133
- Quick Oil Change & Lube — Miami, FL 33133
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- Detailer | Magic Hands Detailer & Hand Car Wash 2 | Miami — 3400 s dixie hwy, miami, fl 33133
- Deel VW Service Dept. — 3673 Bird Rd, Miami, FL 33133
Frequently Asked Questions
What type of property is this?
Auto shop - Functional layout supports automotive repair, body work, detailing, and tire service.
Where is this auto shop located?
The property is located at 2421 NW 27th Ave Miami, FL.
What is the asking price?
The asking price for this property is $1,379,000.
What are key features of this property?
This property features: 3,250 square feet of auto shop space; Located at 2421 NW 27th Ave in Miami, FL 33142; Functional layout supports automotive repair, body work, detailing, and tire service
