Automotive Sales and Repair
For Sale
$650,000
377 E STATE ROAD 434, Longwood, FL 32750
For sale facility includes reception area, office space, and transferable auto sales and repair licenses.
Property Size1,002 SF
Price / SF$648.70
Days on Market56
Property Features for 377 E STATE ROAD 434
General Information
Standard status
Active
Size
1,002 SF
Property subtype
Industrial
Additional Details
Business Included
Yes
Amenities
0.62 acres
Shingle
Additional parcels description:, Parcel Number: 31-20-30-5AU-0000-8420, Public Survey Range: 30, Public Survey Section: 31, Annual Amount: $4,804, Tax Block: 0000, Tax Book Number: 1-21, Legal Description: LOTS 842 THRU 845 (LESS RD) LONGWOOD PB 1 PG 21, Lot: 842, Year: 2025, Zoning: CON
Wall/Window Unit(s)
Listing ID: MFRO6419773, Standard Status: Active, MLS Status: Active, Property Subtype: Industrial, On market as of 2026-06-29, Special Conditions: None
Built in 1956, Living area: 1002, Living area units: Square Feet, Construction Materials: Stucco, Frame
Subdivision: LONGWOOD, MLS Area (Major): 32750 - Longwood East, County/Parish: Seminole
Electricity Available
Slab
Frontage Type: State Road, Road Surface: Paved
Building Details
Year Built
1956
Listing Agency:
HOME WISE REALTY GROUP, INC.
(407) 712-2000
Listed By:
Jon Feshan · License #480740
Source:
Miharaandassociates
Added: Jun 29
Changed: Aug 23
Last Checked: Aug 23 at 8:56AM
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 HOME WISE REALTY GROUP, INC.
Investment Insights
Based on property information with market context.
This automotive-focused property is set up for business operations and includes transferable auto sales license and auto repair license with the purchase. Interior improvements include a large reception area and office space to support day-to-day customer and administrative activity.
The property is described as a high-exposure location in the heart of Longwood, Florida, at 377 E State Road 434.
The offering combines the necessary licensed components with functional front-facing reception and office space for an automotive business owner or operator.
The property is described as a high-exposure location in the heart of Longwood, Florida, at 377 E State Road 434.
The offering combines the necessary licensed components with functional front-facing reception and office space for an automotive business owner or operator.
Key Highlights
- Facility built in 1956
- Includes a transferable auto sales license and transferable auto repair license
- Reception area and office space included in the facility
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
$19,676
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
3.03%
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%
$393,520
$393.5K
Cap Rate 7%
$281,086
$281.1K
Cap Rate 9%
$218,622
$218.6K
Market Conditions
NOI Build-Up for 1,002 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
$29.1K $29.04/SF
− Vacancy
−$989 −$0.99/SF
EGI
$28.1K $28.05/SF
− OpEx
−$8.4K −$8.42/SF
NOI
$19.7K $19.64/SF
Area
Seminole County, FL
Vacancy
3.40%
Lease Rate
$29.04 /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%
$393,520
Cap Rate 7%
$281,086
Cap Rate 9%
$218,622
Alternative Uses
Best Use
Retail
$281.1K
$246.0K – $327.9K
NOI $19,676 @ 7.0% cap · market cap 3.03%
Second Best
Industrial
$80.0K
$70.0K – $93.3K
NOI $5,597 @ 7.0% cap · market cap 0.86%
Theoretical Best
Office A
$285.1K
$249.5K – $332.7K
NOI $19,960 @ 7.0% cap · market cap 3.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,564
Businesses Nearby
90k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 64%
Dining 22%
Home Improvements & Furnishings 11%
Beauty & Spa 3%
Wawa
Shops & Services
29,529 visits/mo
0.3 miles
SONIC Drive In
Dining
10,862 visits/mo
0.2 miles
Ace Hardware Of Longwood
Home Improvements & Furnishings
9,034 visits/mo
0.4 miles
7-Eleven
Shops & Services
8,669 visits/mo
0.2 miles
Taco Bell
Dining
8,315 visits/mo
0.3 miles
Demographics for 32750, FL
25,261
Population
10,541
Households
2.4
Avg Household Size
43
Median Age
37%
College-Educated
93%
High-School Grad
11.4 sq mi
ZIP Area
2,216
Density / Sq Mi
$85,227
Median Household Income
$48,311
Median Earnings
$1,633
Median Rent
$350,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Auto shop - For sale facility includes reception area, office space, and transferable auto sales and repair licenses.
Where is this auto shop located?
The property is located at 377 E STATE ROAD 434 Longwood, FL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Facility built in 1956; Includes a transferable auto sales license and transferable auto repair license; Reception area and office space included in the facility
