Commercial Intensive Automotive
54 Harvard St Englewood, FL 34223
New
54 Harvard St, Englewood, FL, 34223
$350,000
For Sale
$350,000
Security-fenced automotive service and sales center with office, carport/shop, and gated access from three sides.
Property Size560 SF
Price / SF$625
Days on Market3
Property Features for 54 Harvard St
General Information
- Standard status
- Active
- Size
- 560 SF
Building Details
- Year Built
- 1989
Listing agency
LASBURY-TRACY REALTY INC.
(941) 474-5585
Listed by
Bart Tracy II, Austin Tracy · License #3427975
Source
Whitesandsfl
Added: Jul 19 Updated: Jul 20 at 2:44AM Checked: Jul 20 at 2:44AM
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 LASBURY-TRACY REALTY INC.
Investment Insights
Based on property information with market context.
This Commercial Intensive (CI) property is designed for automotive or marine service, distribution, leasing operations, or service companies. Improvements include a small office building with two offices, a reception area, and a bathroom, along with a three-car carport/shop area and a small storage shed. The site is secured with security fencing and provides gated access from three sides.
The property has an existing pole sign visible from SR776, supporting identity and wayfinding for tenants and customers. It is currently used as an automotive service and sales center, with a long-term tenant in place who is month-to-month and interested in signing a new lease.
Access, site security, and the existing improvements make this property well-suited to automotive or related service use within a limited CI zoning area in Englewood.
The property has an existing pole sign visible from SR776, supporting identity and wayfinding for tenants and customers. It is currently used as an automotive service and sales center, with a long-term tenant in place who is month-to-month and interested in signing a new lease.
Access, site security, and the existing improvements make this property well-suited to automotive or related service use within a limited CI zoning area in Englewood.
Key Highlights
- Built in 1989 commercial intensive (CI) property in Old Englewood Village
- CI zoning allows automotive or marine service, distribution center, leasing operations, or service companies
- Security fencing with gated access from three sides and a pole sign visible from SR776
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $14.7k | $26.28 |
| − Vacancy | −$486 | −$0.87 |
| EGI | $14.2k | $25.41 |
| − OpEx | −$4.3k | −$7.62 |
| NOI | $10.0k | $17.79 |
560 SF · lease $26.28/SF/yr · vacancy 3.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$142.3K
$124.5K – $166.0K
NOI $9,962 @ 7.0% cap · market cap 2.85%
Second Best
Warehouse
$75.1K
$65.7K – $87.6K
NOI $5,255 @ 7.0% cap · market cap 1.50%
Theoretical Best
Office A
$183.4K
$160.4K – $213.9K
NOI $12,835 @ 7.0% cap · market cap 3.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
Similar Off Market Nearby
- Englewood Service Center, LLC — 210 S Indiana Ave, Englewood, FL 34223
- Ultimate Auto Works — 210 S Indiana Ave, Englewood, FL 34223
- Window Tinting Guys of Englewood — 80 S McCall Rd, Englewood, FL 34223, United States
- Dino Tint — 80 S McCall Rd, Englewood, FL 34223
- Ultimate Auto Works, LLC — 210 S Indiana Ave, Englewood, FL 34223
FAQs
What type of property is this?
Auto shop - Security-fenced automotive service and sales center with office, carport/shop, and gated access from three sides.
Where is this auto shop located?
The property is located at 54 Harvard St Englewood, FL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Built in 1989 commercial intensive (CI) property in Old Englewood Village; CI zoning allows automotive or marine service, distribution center, leasing operations, or service companies; Security fencing with gated access from three sides and a pole sign visible from SR776
