Freestanding Mechanic Shop with Secure
For Sale
Contact for pricing
5201 NW 36th Ave, Miami, FL 33142
Freestanding mechanic shop zoned IU-1 with functional office space, loading doors, secure yard, and ample parking.
Property Size2,400 SF
Lot Size0.23 Acres
Price / SF$416.67
Days on Market132
Property Features for 5201 NW 36th Ave
General Information
Standard status
Active
Size
2,400 SF
Lot size
0.23 Acres
Property subtype
INDUSTRIAL
Zoning
IU-1
Occupancy
100%
Site & Location
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Amenities
corner lot
office space
loading doors
secure yard
ample parking
Building Details
Buildings
1
Tenancy
Single
Abandoned
No
Listing Agency:
Fausto Commercial Realty
(305) 961-1179
Listed By:
Ernesto Diaz · License #3124735
(786) 499-4912
Source:
Moodyscre
Added: May 5
Changed: Sep 5
Last Checked: Sep 13 at 5:13AM
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 Fausto Commercial Realty
Investment Insights
Based on property information with market context.
Freestanding mechanic shop at the corner of NW 52nd Street and NW 36th Avenue, offering approximately 2,400 SF on a 9,897 SF corner lot. The property has passed its 40-year recertification and is currently owner-occupied, with availability negotiable upon sale. Improvements include functional office space, loading doors, a secure yard, and ample parking.
Zoned IU-1 (Industrial), the site supports light manufacturing and automotive uses. It is strategically located near Allapattah, Brownsville, and Little River, with nearby revitalization and major development activity, including the HueHub workforce housing project under the Live Local Act.
Designed for practical day-to-day automotive operations, the property’s secure yard, loading access, and onsite parking make it well-suited to an owner-operator or an investor looking for an automotive asset.
Zoned IU-1 (Industrial), the site supports light manufacturing and automotive uses. It is strategically located near Allapattah, Brownsville, and Little River, with nearby revitalization and major development activity, including the HueHub workforce housing project under the Live Local Act.
Designed for practical day-to-day automotive operations, the property’s secure yard, loading access, and onsite parking make it well-suited to an owner-operator or an investor looking for an automotive asset.
Key Highlights
- Corner mechanic shop at NW 52nd Street and NW 36th Avenue
- Approximately 2,400 SF freestanding shop building
- 9,897 SF corner lot
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
$78,302
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
7.83%
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%
$1,566,040
$1.6M
Cap Rate 7%
$1,118,600
$1.1M
Cap Rate 9%
$870,022
$870.0K
Market Conditions
NOI Build-Up for 2,400 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
$124.7K $51.96/SF
− Vacancy
−$12.8K −$5.35/SF
EGI
$111.9K $46.61/SF
− OpEx
−$33.6K −$13.98/SF
NOI
$78.3K $32.63/SF
Area
Miami, FL
Vacancy
10.30%
Lease Rate
$51.96 /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%
$1,566,040
Cap Rate 7%
$1,118,600
Cap Rate 9%
$870,022
Alternative Uses
Best Use
Retail
$1.12M
$978.8K – $1.31M
NOI $78,302 @ 7.0% cap · market cap 7.83%
Second Best
Industrial
$460.6K
$403.0K – $537.4K
NOI $32,243 @ 7.0% cap · market cap 3.22%
Theoretical Best
Specialty Retail
$1.62M
$1.42M – $1.89M
NOI $113,401 @ 7.0% cap · market cap 11.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,406
Businesses Nearby
20k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Shell
Shops & Services
10,745 visits/mo
0.3 miles
Valero Energy
Shops & Services
4,588 visits/mo
0.4 miles
Sunoco
Shops & Services
1,833 visits/mo
0.2 miles
Prime Storage
Shops & Services
1,791 visits/mo
0.3 miles
Sunoco
Shops & Services
885 visits/mo
0.5 miles
Demographics for 33142, FL
55,425
Population
22,275
Households
2.5
Avg Household Size
39
Median Age
13%
College-Educated
69%
High-School Grad
10.9 sq mi
ZIP Area
5,085
Density / Sq Mi
$37,900
Median Household Income
$29,109
Median Earnings
$1,289
Median Rent
$298,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Miami, FL
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Frequently Asked Questions
What type of property is this?
Auto shop - Freestanding mechanic shop zoned IU-1 with functional office space, loading doors, secure yard, and ample parking.
Where is this auto shop located?
The property is located at 5201 NW 36th Ave Miami, FL.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Corner mechanic shop at NW 52nd Street and NW 36th Avenue; Approximately 2,400 SF freestanding shop building; 9,897 SF corner lot
