Turnkey Bodyshop with Rental
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
(727) 403-5611
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.
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
NOI $247,990 @ 7.0% cap · market cap 6.36%
Second Best
Flex RnD
$3.26M
$2.86M – $3.81M
NOI $228,531 @ 7.0% cap · market cap 5.86%
Theoretical Best
Office A
$6.57M
$5.75M – $7.67M
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
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.