Automotive Retail
For Sale
$5,510,000
4425 US-92, Lakeland, FL 33801
For-sale retail automotive property with a reported 6.70% cap rate.
Property Size50,467 SF
Days on Market86
Property Features for 4425 US-92
General Information
Standard status
Active
Size
50,467 SF
Property subtype
Commercial
Lease Term
± 6.75 Years
Net Operating Income
$369,180
Building Details
Building Size
50,467 SF
Units
4
Listing Agency:
Matthews
Listed By:
Samuel Griffeth · License #SA704287000 (AZ)
(602) 807-6971
Source:
Matthews
Added: Jun 16
Changed: Sep 3
Last Checked: Sep 8 at 3:33AM
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 Matthews
Investment Insights
Based on property information with market context.
This for-sale retail automotive property is listed for $5,510,000 and carries a reported 6.70% cap rate. The offering includes 50,467 square feet of space, and the property is categorized as retail and automotive real estate, including auto shop and automotive property uses.
The asset is located at 4425 US-92 in Lakeland, Florida 33801.
The asset is located at 4425 US-92 in Lakeland, Florida 33801.
Key Highlights
- Retail automotive property reported with a 6.70% cap rate
- Year built: 1962
- Building size: 50,467 SF
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
$240,754
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
4.37%
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%
$4,815,080
$4.8M
Cap Rate 7%
$3,439,343
$3.4M
Cap Rate 9%
$2,675,044
$2.7M
Market Conditions
NOI Build-Up for 50,467 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
$375.5K $7.44/SF
− Vacancy
−$31.5K −$0.62/SF
EGI
$343.9K $6.82/SF
− OpEx
−$103.2K −$2.04/SF
NOI
$240.8K $4.77/SF
Area
Lakeland, FL
Vacancy
8.40%
Lease Rate
$7.44 /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%
$4,815,080
Cap Rate 7%
$3,439,343
Cap Rate 9%
$2,675,044
Alternative Uses
Best Use
Retail
$8.10M
$7.08M – $9.45M
NOI $566,742 @ 7.0% cap · market cap 10.29%
Second Best
Industrial
$3.44M
$3.01M – $4.01M
NOI $240,754 @ 7.0% cap · market cap 4.37%
Theoretical Best
Office A
$12.13M
$10.61M – $14.15M
NOI $848,936 @ 7.0% cap · market cap 15.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
118
Businesses Nearby
6k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 88%
Home Improvements & Furnishings 12%
Dollar General
Shops & Services
4,938 visits/mo
0.2 miles
Suncoast Roofers Supply
Home Improvements & Furnishings
696 visits/mo
0.0 miles
Demographics for 33801, FL
36,798
Population
15,365
Households
2.4
Avg Household Size
34
Median Age
16%
College-Educated
84%
High-School Grad
18.9 sq mi
ZIP Area
1,947
Density / Sq Mi
$49,210
Median Household Income
$30,055
Median Earnings
$1,100
Median Rent
$138,700
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 - For-sale retail automotive property with a reported 6.70% cap rate.
Where is this auto shop located?
The property is located at 4425 US-92 Lakeland, FL.
What is the asking price?
The asking price for this property is $5,510,000.
What are key features of this property?
This property features: Retail automotive property reported with a 6.70% cap rate; Year built: 1962; Building size: 50,467 SF
