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Mechanic Shop with Service Bays
For Sale
$2,200,000

4070 S Goldenrod Road ORLANDO, Orlando, FL 32822

Automotive repair facility features six lifts and two service bays, supported by office, waiting room, and multiple parking spaces.

Property Size4,620 SF
Price / SF$550.55
Days on Market54

Property Features for 4070 S Goldenrod Road ORLANDO

General Information

Standard status Active
Size 4,620 SF
Class B
Total Parking Spaces 12
Zoning C-2

Additional Details

Service Bays 2

Taxes and HOA fees

Annual Taxes $7,540

Amenities

Concrete
true
1
Public Records
32880
0.75
false
6 to 12 Spaces
Asphalt
Block
Access Road,Highway
4620

Building Details

Building Size 4,620 SF
Year Built 1978
Buildings 1
Stories 1
Listing Agency:
Listed By: Kelly Regan
Source: Movetojacksonville
Added: Jul 7 Changed: Aug 28 Last Checked: Aug 29 at 5:58AM

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 Kelly Regan

Investment Insights

Based on property information with market context.

This property is a Class B automotive repair/mechanic shop and retail-oriented commercial building built in 1978. The building includes six lifts and two service bays, along with two bathrooms, a customer waiting room, and a reception office area to support day-to-day operations. A security camera system is on site, and there is a 3-car storage shed located in the rear of the property for additional equipment or inventory storage. Site parking provides up to 12 spaces with strong access for customers and service vehicles.

The property is located on S Goldenrod Rd within a high-visibility commercial corridor in Orlando, Florida. It is positioned to benefit from traffic exposure associated with a busy commercial roadway. The building is zoned C-2, which supports a variety of commercial uses.

For an owner-user or an investor, the existing automotive infrastructure is the key operational advantage. The lift and service-bay layout is purpose-built for repair and maintenance work, while the included customer-facing areas and on-site security support a functional service workflow. Recent roof repairs completed in August 2004 and a new A/C system installed in July 2025 add to the property’s near-term durability for continued use.

Key Highlights

  • Automotive repair shop built in 1978 with 6 lifts and 2 service bays
  • 4620 SF, 1‑story Class B building on 0.75‑acre lot with concrete flooring
  • Zoned C‑2 for a variety of commercial uses; features customer waiting room and reception office area

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
$78,469
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
3.57%
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%
$1,569,380 $1.6M
Cap Rate 7%
$1,120,986 $1.1M
Cap Rate 9%
$871,878 $871.9K
Market Conditions
NOI Build-Up for 3,996 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
$116.0K $29.04/SF
− Vacancy
−$3.9K −$0.99/SF
EGI
$112.1K $28.05/SF
− OpEx
−$33.6K −$8.42/SF
NOI
$78.5K $19.64/SF
Area
ZIP 32822
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%
$1,569,380
Cap Rate 7%
$1,120,986
Cap Rate 9%
$871,878

Alternative Uses

Best Use
Retail
$1.12M
$980.9K – $1.31M (±1% cap)
NOI $78,469 @ 7.0% cap · market cap 3.57%
Second Best
Industrial
$318.9K
$279.0K – $372.1K (±1% cap)
NOI $22,323 @ 7.0% cap · market cap 1.01%
Theoretical Best
Specialty Retail
$1.20M
$1.05M – $1.40M (±1% cap)
NOI $84,074 @ 7.0% cap · market cap 3.82%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Manhattan Express Restaurant Manhatthan cafe orlando Restaurant Castillo Auto Repair Auto Repair Shop LifeSafer Ignition Interlock Building Supply

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Kitchen & Bath Showroom Skin Care Clinic Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Service bays

Location Intelligence

Trade Area within ½ mile

258
Businesses Nearby
16k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 77% Dining 17% Electronics 5%
Citgo Shops & Services
6,033 visits/mo 0.3 miles
Family Dollar Shops & Services
3,613 visits/mo 0.3 miles
Hungry Howie's Pizza Dining
2,701 visits/mo 0.3 miles
O'Reilly Auto Parts Shops & Services
2,505 visits/mo 0.2 miles
Metro by T-Mobile Electronics
858 visits/mo 0.2 miles

Demographics for 32822, FL

64,120
Population
27,437
Households
2.3
Avg Household Size
37
Median Age
26%
College-Educated
88%
High-School Grad
13.6 sq mi
ZIP Area
4,715
Density / Sq Mi
$52,944
Median Household Income
$31,368
Median Earnings
$1,609
Median Rent
$222,000
Median Home Value

Market

Vacancy Rate% for Retail in Orlando, FL

6.1% 2019
6.5% 2020
5.2% 2021
5.1% 2022
4.2% 2023
4.4% 2024
4.8% 2025
Rey
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 - Automotive repair facility features six lifts and two service bays, supported by office, waiting room, and multiple parking spaces.
Where is this auto shop located?
The property is located at 4070 S Goldenrod Road ORLANDO Orlando, FL.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Automotive repair shop built in 1978 with 6 lifts and 2 service bays; 4620 SF, 1‑story Class B building on 0.75‑acre lot with concrete flooring; Zoned C‑2 for a variety of commercial uses; features customer waiting room and reception office area
More about this property
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