Haines City Investment
For Sale
$1,800,000
301 US HIGHWAY 17 92 N, Haines City, FL 33844
Income-producing property with auto repair and tire shop tenants.
Property Size7,200 SF
Price / SF$250
Days on Market183
Property Features for 301 US HIGHWAY 17 92 N
General Information
Standard status
Active
Size
7,200 SF
Property subtype
Retail
Building Details
Year Built
1973
Listing Agency:
LIFESTYLE INTERNATIONAL REALTY
(305) 809-8085
Listed By:
Jasmin Cabral · License #3488300
Source:
Dennisrealty
Added: Mar 10
Changed: Sep 8
Last Checked: Sep 7 at 4:49AM
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 LIFESTYLE INTERNATIONAL REALTY
Investment Insights
Based on property information with market context.
This income-producing investment opportunity is located in Haines City, Florida, along Highway 17/92. The property includes two industrial buildings on a single parcel. The first building is a 4,800-square-foot steel warehouse with corner frontage, currently occupied by an auto repair business that has been operating for several years and has received 105 Google reviews with an average rating of 4.3 stars. The second building is a 2,400-square-foot Arch-Rib Quonset structure, which is currently leased to a tire shop. This property is suitable for an investor seeking income or an automotive professional looking to own and operate in a prime location.
Key Highlights
- Income‑producing investment with two leased industrial buildings.
- Located on highly trafficked Highway 17/92 in Haines City, Florida.
- 4,800 sq ft steel warehouse with established auto repair business and 4.3‑star Google rating (105 reviews).**
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$80,856
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.49%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,617,120
$1.6M
Cap Rate 7%
$1,155,086
$1.2M
Cap Rate 9%
$898,400
$898.4K
Market Conditions
NOI Build-Up for 7,200 SF
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.
Gross rent
$125.3K $17.40/SF
− Vacancy
−$9.8K −$1.36/SF
EGI
$115.5K $16.04/SF
− OpEx
−$34.7K −$4.81/SF
NOI
$80.9K $11.23/SF
Area
Polk County, FL
Vacancy
7.80%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,617,120
Cap Rate 7%
$1,155,086
Cap Rate 9%
$898,400
Alternative Uses
Best Use
Retail
$1.16M
$1.01M – $1.35M
NOI $80,856 @ 7.0% cap · market cap 4.49%
Second Best
Warehouse
$685.2K
$599.5K – $799.4K
NOI $47,962 @ 7.0% cap · market cap 2.66%
Theoretical Best
Office A
$1.73M
$1.51M – $2.02M
NOI $121,116 @ 7.0% cap · market cap 6.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
851
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33844, FL
43,329
Population
22,018
Households
2
Avg Household Size
40
Median Age
17%
College-Educated
84%
High-School Grad
97.2 sq mi
ZIP Area
446
Density / Sq Mi
$60,426
Median Household Income
$36,281
Median Earnings
$1,158
Median Rent
$212,700
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- A&N AUTOMOTIVE PAINT & BODY SHOP — 303 E Hinson Ave, Haines City, FL 33844
- Euro Trophy Motorsports — 303 E Hinson Ave, Haines City, FL 33844
- S & K Automotive — 700 E Hinson Ave, Haines City, FL 33844
- Moto Therapy — 14 Palmetto St, Haines City, FL 33844
- GREATCARZ Sales & Service — 714 E Hinson Ave, Haines City, FL 33844
Frequently Asked Questions
What type of property is this?
Auto shop - Income-producing property with auto repair and tire shop tenants.
Where is this auto shop located?
The property is located at 301 US HIGHWAY 17 92 N Haines City, FL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Income‑producing investment with two leased industrial buildings.; Located on highly trafficked Highway 17/92 in Haines City, Florida.; 4,800 sq ft steel warehouse with established auto repair business and 4.3‑star Google rating (105 reviews).**
