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6426-6438 126th Avenue North, Largo, FL, 33773
Turnkey Bodyshop with Rental Income

6426-6438 126th Avenue North Largo, FL 33773

For Sale
Contact for pricing
Pending

Turnkey bodyshop includes two contiguous structures with owner-occupied space and additional rented suites.

Property Size25,260 SF
Days on Market493

Property Features for 6426-6438 126th Avenue North

General Information

Standard status
Pending
Size
25,260 SF
Property subtype
Business for Sale, Industrial

Building Details

Year Built
1973
Listing Agency: RE/MAX Realtec Group
Listed By: Mark Ganier · License #FL BK536738
Source: Crexi
Added: Mar 19, 2025 Changed: Jul 23 Last Checked: Jul 23 at 3:54PM

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 RE/MAX Realtec Group


Investment Insights

Based on property information with market context.

This turnkey bodyshop opportunity includes the business operation and associated real estate. The offering comprises two contiguous structures at 6426 and 6438 126th Avenue North, Largo, FL 33773. All of 6426 and Suite C of 6438 are owner-occupied by Crash Works LLC, while Suites A and B of 6438 are occupied by tenants that generate an income stream.

The business is anchored by several large institutional clients providing repeat business, and the company maintains books, records, and tax returns to support financing. Clean Phase I environmental reports are included with the package. The operation is supported by 15 employees, and the owner is retiring.

The property’s configuration supports both the ongoing bodyshop use and the separately occupied rental suites within the contiguous facilities.

Key Highlights

  • 1973‑built property in Largo, FL 33773 consisting of two contiguous structures at 6426 and 6438 126th Ave N.
  • Body shop business opportunity with institutional clients providing repeat business and established insurance‑carrier reputation.
  • Owner‑occupied space: all of 6426 and Suite C of 6438 occupied by Crash Works LLC.

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 $378.9k $15.00
− Vacancy −$24.6k −$0.98
EGI $354.3k $14.03
− OpEx −$106.3k −$4.21
NOI $248.0k $9.82
25,260 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$3.54M
$3.10M – $4.13M (±1% cap)
NOI $247,990 @ 7.0% cap · market cap 6.36%
Second Best
Flex RnD
$3.26M
$2.86M – $3.81M (±1% cap)
NOI $228,531 @ 7.0% cap · market cap 5.86%
Theoretical Best
Office A
$6.57M
$5.75M – $7.67M (±1% cap)
NOI $459,923 @ 7.0% cap · market cap 11.79%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Auto shops

Suggested Use

Dental Office (Bike/Boat/Book/etc) Store Catering Service Daycare Center Veterinary Clinic Parking Lot & Garage Pet Grooming Service (Bike/Boat/Book/etc) Store Locksmith Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Cheap Car Insurance Largo — 11440 66th st n, largo, fl 33773
  • Everglades Equipment Group — 6785 114th Ave, Largo, FL 33773
  • tow life — 6670 114th Ave, Largo, FL 33773
  • Rock Automotive LLC — 11520 68th St, Largo, FL 33773
  • Joe's Towing & Recovery, Inc. — 6670 114th Ave, Largo, FL 33773

FAQs

What type of property is this?
Auto shop - Turnkey bodyshop includes two contiguous structures with owner-occupied space and additional rented suites.
Where is this auto shop located?
The property is located at 6426-6438 126th Avenue North Largo, FL.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: 1973‑built property in Largo, FL 33773 consisting of two contiguous structures at 6426 and 6438 126th Ave N.; Body shop business opportunity with institutional clients providing repeat business and established insurance‑carrier reputation.; Owner‑occupied space: all of 6426 and Suite C of 6438 occupied by Crash Works LLC.
(727) 403-5611 Call to check price and availability
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