Automotive Service Building with Paint
405 S CHURCH, Mulberry, FL 33860
For Sale
New
$1,200,000
Five service bays and exterior storage support a range of automotive operations.
Property Size5,470 SF
Lot Size0.40 Acres
Price / SF$219.38
Days on Market3
Property Features for 405 S CHURCH
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Automotive
Service Bays
Automotive Uses
Additional Details
Asking Price
Outdoor Storage
Real Estate Included
Taxes and HOA fees
Annual Taxes
Amenities
certified paint booth
Building Details
Building Size
Year Built
Buildings
Listing Agency:
LANTES REAL ESTATE LLC
Listed By:
Tyler Gonzalez · License FL #3588301
(813) 313-7432
Source:
Elliman
Added: Nov 8
Last Checked: Nov 8 at 4:45PM
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 LANTES REAL ESTATE LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 5,470 SF automotive service building sits on about 0.40 acres at a corner location. Built in 1975 and zoned C-2, the property includes five bay doors, a certified paint booth, and outdoor storage.
An adjacent parcel at 311 S Church Ave, comprising about 0.30 acres, is also available. The property is located in Mulberry, Polk County.
An adjacent parcel at 311 S Church Ave, comprising about 0.30 acres, is also available. The property is located in Mulberry, Polk County.
Key Highlights
- 5,470 SF building on about 0.40 acres
- Five bay doors for automotive service work
- Certified paint booth
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,157
Cap Rate
5.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,203,140
$1.2M
Cap Rate 7%
$859,386
$859.4K
Cap Rate 9%
$668,411
$668.4K
Market Conditions
NOI Build-Up for 5,470 SF
Gross rent
$93.2K $17.04/SF
− Vacancy
−$7.3K −$1.33/SF
EGI
$85.9K $15.71/SF
− OpEx
−$25.8K −$4.71/SF
NOI
$60.2K $11.00/SF
Area
Polk County, FL
Vacancy
7.80%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,203,140
Cap Rate 7%
$859,386
Cap Rate 9%
$668,411
Alternative Uses
Best Use
Retail
$859.4K
$752.0K – $1.00M
NOI $60,157 @ 7.0% cap · market cap 5.01%
Second Best
Industrial
$365.0K
$319.4K – $425.8K
NOI $25,548 @ 7.0% cap · market cap 2.13%
Theoretical Best
Office A
$1.40M
$1.22M – $1.63M
NOI $97,770 @ 7.0% cap · market cap 8.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
5
Service bays
Location Intelligence
Trade Area within ½ mile
277
Businesses Nearby
81k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Shops & Services 46%
McDonald's
Dining
33,180 visits/mo
0.3 miles
Shell
Shops & Services
16,238 visits/mo
0.3 miles
Marathon
Shops & Services
6,847 visits/mo
0.5 miles
Hardee's
Dining
6,228 visits/mo
0.4 miles
Dollar General
Shops & Services
6,069 visits/mo
0.3 miles
Demographics for 33860, FL
24,932
Population
9,649
Households
2.6
Avg Household Size
36
Median Age
15%
College-Educated
83%
High-School Grad
98.4 sq mi
ZIP Area
253
Density / Sq Mi
$62,779
Median Household Income
$37,688
Median Earnings
$1,150
Median Rent
$221,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Auto shops in Polk County, FL
Properties on Market for Auto shops in Polk County
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Tcr Automotive Total Care Repair — 1220 FL-37, Mulberry, FL 33860
- El Padrino Auto Salvage — 965 Belmont Ave, Mulberry, FL 33860
- Conlan Tire Commercial Sales Service and Repair — 209 Phosphate Blvd, Mulberry, FL 33860
- JB's Auto Repair — 307 S Church Ave, Mulberry, FL 33860
- Tommys Automotive Care Center — 103 SE 6th Ave #3133, Mulberry, FL 33860
Frequently Asked Questions
What type of property is this?
Auto shop - Five service bays and exterior storage support a range of automotive operations.
Where is this auto shop located?
The property is located at 405 S CHURCH Mulberry, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 5,470 SF building on about 0.40 acres; Five bay doors for automotive service work; Certified paint booth
