Auto Shop with Office
For Sale
$650,000
377 E STATE ROAD 434, Longwood, FL 32750
Commercial Sale, LONGWOOD, FL
Property Size1,002 SF
Lot Size0.62 Acres
Price / SF$648.70
Days on Market69
Property Features for 377 E STATE ROAD 434
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CON
Subdivision
LONGWOOD
Directions
East on 434 toward 17-92, cross over Ronald Reagan and Property is on the left
Standard status
Active
APN
31-20-30-5AU-0000-8420
Size
1,002 SF
Lot size
0.62 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOTS 842 THRU 845 (LESS RD) LONGWOOD PB 1 PG 21
Tax Annual Amount
4804
Legal Description
LOTS 842 THRU 845 (LESS RD) LONGWOOD PB 1 PG 21
Utilities
Utilities
Electricity Available
Cooling system
Wall/Window Unit(s), Window Unit(s)
Amenities
reception area
office space
Building Details
Year built
1956
Building materials
Stucco, Frame
Roof type
Shingle
Listing Agency:
HOME WISE REALTY GROUP, INC.
(407) 712-2000
Listed By:
Jon Feshan · License #480740
(407) 921-8093
Added: Jun 29
Changed: Sep 2
Last Checked: Sep 5 at 4:06AM
MLS# O6419773
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.
Investment Insights
Based on property information with market context.
The property includes a 1,002-square-foot commercial building on a 0.62-acre parcel at 377 E State Road 434 in Longwood, Florida. Its layout features a reception area and office space, supporting automotive sales or repair operations. The sale includes transferable auto sales and auto repair licenses.
Constructed in 1956, the building has stucco and frame construction, a shingle roof, and window or wall/window unit cooling. Electricity is available, and the property is identified with CON zoning. The address is within ZIP code 32750 in Seminole County.
Constructed in 1956, the building has stucco and frame construction, a shingle roof, and window or wall/window unit cooling. Electricity is available, and the property is identified with CON zoning. The address is within ZIP code 32750 in Seminole County.
Key Highlights
- Transferable auto sales license included
- Transferable auto repair license included
- 1,002 SF building on 0.62 acres
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Auto shop - Transferable auto sales and repair licenses accompany this commercial property.
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: Transferable auto sales license included; Transferable auto repair license included; 1,002 SF building on 0.62 acres
