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    Turnkey Tire Center and Repair Facility Title is generated by Realmo AI

    304 AVENUE E SW, Winter Haven, FL 33880

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    For Sale
    $3,500,000

    Industrial - WINTER HAVEN, FL

    Type:Industrial
    Property size:
    7,440 SF
    Lot size:
    0.39 Acres
    Price / SF:
    $470/SF
    Added:
    Jun 27, 2023
    Days on Market:
    1073
    Last Refresh:
    Jun 3 at 9:06 pm

    Property Features for 304 AVENUE E SW

    General Information

    Property type
    Commercial Sale
    Property subtype
    Industrial
    Zoning
    C-3
    Security features
    Security Lighting, Security System, Security System Owned, Smoke Detector(s)
    Exterior features
    Corner Lot, Paved, Security Lights
    Appliances
    Microwave, Refrigerator
    Standard status
    Active
    APN
    26-28-29-620000-005011
    Size
    7,440 SF
    Lot size
    0.39 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    7650

    Utilities

    Heating system
    Central, Electric (Heating), Heat Pump (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1981
    Flooring type
    Concrete, Laminate, Tile, Tile - Ceramic
    Building materials
    Concrete, Metal Siding
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Michael Norris
    Michael Norris

    Listing agent Michael Norris License #414120

    Listing office NEXTHOME NORRIS & COMPANY REALTY 1921 Manor Cir, Winter Haven, FL

    Listing date Jun 27, 2023

    MLS# P4926297 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 7440 SF industrial tire center/auto repair building with high vaulted ceilings, 7 overhead doors, and deep bays with 4 auto lifts
    • 0.39‑acre corner lot with secured fenced side yard, chain link fencing, paved lot, and security lights
    • Road frontage on US Hwy 17 and Avenue E SW with access from both streets; 542 ft road front footage (2 sides)
    • Commercial property and business included in the sale; business has operated at the same location since 2016
    • Fully equipped with tools and diagnostic equipment, plus storage space for a motor home or bus
    • Interior includes a waiting room/reception area, showroom and space for tire accessories/wheels, unisex restroom, and office

    Overview

    Turnkey tire center and auto repair shop offering both a fully equipped business and a free-standing commercial building. The shop operates from a large industrial facility with high vaulted ceilings, deep bays, and seven overhead doors designed for vehicle service. Four auto lifts are included, along with diagnostic and other tools and equipment reported to be in first-class condition. The interior supports customer and parts functions, including a waiting room/reception/lobby, showroom, an area for tire accessories and wheels, a unisex restroom, and an office.

    The property includes secured, fenced side-yard space with additional storage capacity, with chain link fencing and front-of-building space for parking vehicles. The site sits on a busy corner lot with great road frontage and access from both sides, on US Hwy 17 and Avenue E SW. The property is located near Downtown Winter Haven in Polk County.

    For buyers seeking an operational automotive service use, the offering includes a long-established presence at the same location since 2016 and a defined service mix that includes oil changes, alignments, brakes, shocks, and tires. The seller indicates tire inventory and equipment lists can be provided after qualification, supporting a ready-to-operate transition for a new owner.
    Property Profile Location Intelligence

    Current Use by Public Records

    Performance Tire Center (Bike/Boat/Book/etc) Store

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Advance Horsepower & Performance — 2758 Recker Hwy, Winter Haven, FL 33880
    • Tjs Auto Repair LLC — 1570 Foxridge Run SW, Winter Haven, FL 33880
    • Central Florida Tinting — 2740 Recker Hwy, Winter Haven, FL 33880
    • Bolton's Towing Service — 2690 Ave E SW, Winter Haven, FL 33880
    • DEL MOBILE MECHANIC GAS&DIESEL CARS VAN SEMI TRUCK RV — 505 Clayton Cir, Winter Haven, FL 33880

    Location Insight

    • Map
    • Local Demand
    City
    Winter Haven
    County
    Polk
    State
    Florida
    Longitude
    -81.731517
    Latitude
    28.016537

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    FAQs

    What type of property is this?
    Auto shop - Turnkey auto repair and tire center with a fully equipped shop, fenced yard, and large building built for service bays.
    Where is this auto shop located?
    The property is located at 304 AVENUE E SW Winter Haven, FL.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: 7440 SF industrial tire center/auto repair building with high vaulted ceilings, 7 overhead doors, and deep bays with 4 auto lifts; 0.39‑acre corner lot with secured fenced side yard, chain link fencing, paved lot, and security lights; Road frontage on US Hwy 17 and Avenue E SW with access from both streets; 542 ft road front footage (2 sides)
    (863) 875-5583
    We can help!
    Listing Contact
    Michael Norris
    Michael Norris
    Real Estate License ID: 414120
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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