Auto Repair Business and Real
3190 S FLORIDA Ave Inverness, FL 34450
For Sale
$780,000
Established auto repair business with real estate for sale.
Property Size2,750 SF
Lot Size0.72 Acres
Price / SF$283.64
Days on Market96
Property Features for 3190 S FLORIDA Ave
General Information
Standard status
Active
Size
2,750 SF
Lot size
0.72 Acres
Property subtype
Commercial
Building Details
Year Built
1982
Listing Agency:
PRIMEFIT PROPERTIES LLC
(407) 305-2284
Listed By:
Nick Vaseloff · License #3571295
(407) 305-2284
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 27 at 8:23AM
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 PRIMEFIT PROPERTIES LLC
Investment Insights
Based on property information with market context.
This is a turnkey opportunity to acquire an established auto repair business along with the real estate at 3190 S Florida Ave in Inverness. The property features approximately 2,750 square feet of service garage space situated on a ±0.72-acre General Commercial (GNC) zoned lot with approximately 125 feet of frontage on US-41 (South Florida Avenue), offering excellent visibility and consistent daily traffic. The site includes ample parking and yard space suitable for vehicle storage and operations, making it ideal for an owner-operator or expanding automotive business. The sale includes both the operating auto mechanic business and the underlying real estate, providing a rare opportunity to own the business and the building rather than lease. Seller is open to owner financing for qualified buyers, offering flexible acquisition options outside of traditional bank lending. Financial information is available for serious, qualified inquiries. The bike score is 46, indicating it is somewhat bikeable, and the walk score is 32, indicating it is car-dependent.
Key Highlights
- Turnkey auto repair business and real estate included in sale.
- Prime location on US‑41 (S Florida Ave) with high visibility and traffic.
- ±0.72‑acre General Commercial (GNC) zoned lot with ample parking and storage.
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 | $41.3k | $15.00 |
| − Vacancy | −$3.5k | −$1.28 |
| EGI | $37.7k | $13.73 |
| − OpEx | −$11.3k | −$4.12 |
| NOI | $26.4k | $9.61 |
2,750 SF · lease $15.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$377.4K
$330.3K – $440.4K
NOI $26,421 @ 7.0% cap · market cap 3.39%
Second Best
Industrial
$258.8K
$226.5K – $302.0K
NOI $18,118 @ 7.0% cap · market cap 2.32%
Theoretical Best
Specialty Retail
$617.9K
$540.7K – $720.9K
NOI $43,254 @ 7.0% cap · market cap 5.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Trikes by Design — 7147 E England Blvd, Inverness, FL 34452
- Countryside Tire & Truck Accessories — 3109 S Florida Ave, Inverness, FL 34450
- Tony's Collision Center — 3251 S Florida Ave, Inverness, FL 34450
- Trick Concepts Paint & Body — 7147 E England Blvd, Inverness, FL 34452
Frequently Asked Questions
What type of property is this?
Auto shop - Established auto repair business with real estate for sale.
Where is this auto shop located?
The property is located at 3190 S FLORIDA Ave Inverness, FL.
What is the asking price?
The asking price for this property is $780,000.
What are key features of this property?
This property features: Turnkey auto repair business and real estate included in sale.; Prime location on US‑41 (S Florida Ave) with high visibility and traffic.; ±0.72‑acre General Commercial (GNC) zoned lot with ample parking and storage.
