Building Details

Building Size 2,000 SF

Year Built 1960

Listing Agency: City Property Realty

Listed By: Jorge Llaguno · License #0656878 Show Phone

Source: Batrare

Added: Oct 27 Changed: Oct 31 Last Checked: Oct 30 at 6:41PM

Report an Issue

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 City Property Realty

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This automotive repair and body shop includes a licensed paint booth. If the next occupant continues the automotive operation, existing machinery, automotive lifts, tools, and equipment are included.

The property is at 2695 NW 7th Avenue in Miami, near Wynwood. The building was constructed in 1960.

Key Highlights

• Licensed automotive paint booth
• Existing machinery, automotive lifts, tools, and equipment included if automotive use continues
• Built in 1960

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$26,869

Suggested Prices Based on Cap Rates

Cap Rate 5%

$537,380 $537.4K

Cap Rate 7%

$383,843 $383.8K

Cap Rate 9%

$298,544 $298.5K

What to ask about pricing

Market Conditions

NOI Build-Up for 2,000 SF

Gross rent

$40.3K $20.16/SF

− Vacancy

−$1.9K −$0.97/SF

EGI

$38.4K $19.19/SF

− OpEx

−$11.5K −$5.76/SF

NOI

$26.9K $13.43/SF

Area

Miami, FL

Vacancy

4.80%

Lease Rate

$20.16 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$537,380

Cap Rate 7%

$383,843

Cap Rate 9%

$298,544

Alternative Uses

Best Use

Retail

$932.2K

$815.6K – $1.09M (±1% cap)

NOI $65,251 @ 7.0% cap · market cap 383.83%

Second Best

Industrial

$383.8K

$335.9K – $447.8K (±1% cap)

NOI $26,869 @ 7.0% cap · market cap 158.05%

Theoretical Best

Specialty Retail

$1.35M

$1.18M – $1.58M (±1% cap)

NOI $94,501 @ 7.0% cap · market cap 555.89%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Wyn Art Collision ... Auto Repair Shop

Suggested Use

Top Pick Carpet & Flooring Store Veterinary Clinic Nursing Home Electrical Service Pet Grooming Service (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

3,803

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

3.5% 2019

4.3% 2020

3.3% 2021

2.9% 2022

3.1% 2023

2% 2024

2.7% 2025

Similar For Sale Nearby

See more

Equipped Automotive Repair Shop

2797 NW 7th Ave, Miami, FL 33127

Contact for pricing

1,535 SF

View details

Car Wash and Tire Shop

11700 NW 7th Ave, Miami, FL 33168

$1,200,000

2,000 SF

View details

Turnkey Auto Dealership Portfolio

10301 NW 27th Ave, Miami, FL 33147

$10,000,000

1,992 SF

View details

Turnkey Auto Repair Facility

338 NW 171st St, Miami, FL 33169

$49,000

2,500 SF

View details

Auto Repair Shop

3198 S Dixie Highway, Miami, FL 33133

$500,000

2,127 SF

View details

1-Story Flex Industrial Building

3219 Sw 8th Street, Miami, FL 33135

$1,575,000

1,822 SF

View details

Automotive Repair Garage Opportunity

11951 SW 144th Ct, Miami, FL 33186

Contact for pricing

3,000 SF

View details

Two-Bay Auto Repair Shop

14-12513 Sw 130th St, Miami, FL 33161

$699,999

1,700 SF

View details

Equipped Auto Shop

12459 Sw 130th St 12, Miami, FL 33186

$980,000

2,361 SF

View details

Corner Auto Service Shop

11851 W Dixie Hwy, Miami, FL 33161

$1,250,000

1,687 SF

View details

Auto Shop Warehouse with Three Lifts

3838 Shipping Ave, Miami, FL 33146

$4,500,000

2,328 SF

View details

Gated Warehouse Space

Miami, FL 33196

$650,000

1,625 SF

View details

Similar Off Market Nearby

• Seven Avenue Auto Repairs Auto Sales — 1800 NW 7th Ave, Miami, FL 33136
• PDR Mobile Auto Body Shop & Paint Repair — 675 NW 17th St Suite 408, Miami, FL 33136
• Riot Creative Imaging — 1729 N Miami Ave, Miami, FL 33136
• No Limit Auto Body Miami — 1450 NW 21st St, Miami, FL 33142
• DOWNTOWN TOWING COMPANY — 1451 NW 20th St, Miami, FL 33142

Frequently Asked Questions

What type of property is this?

Auto shop - The operating repair and body shop includes a licensed automotive paint booth.

Where is this auto shop located?

The property is located at 2695 NW 7th Ave Miami, FL.

What are key features of this property?

This property features: Licensed automotive paint booth; Existing machinery, automotive lifts, tools, and equipment included if automotive use continues; Built in 1960