Auto Shop and Towing
For Sale
$2,950,000
6512 Old Cheney Hwy, Orlando, FL 32807
Combined automotive real estate and operating business with FHP-approved towing authorization and established shop infrastructure.
Property Size7,224 SF
Lot Size1.38 Acres
Price / SF$408.36
Days on Market40
Property Features for 6512 Old Cheney Hwy
General Information
Standard status
Active
Size
7,224 SF
Lot size
1.38 Acres
Additional Details
Business Included
Yes
Building Details
Year Built
1947
Listing Agency:
COLDWELL BANKER REALTY
(321) 418-1225
Listed By:
Mike Giordano, Jr · License #3370932
Source:
Chenoregroup
Added: Jul 20
Changed: Aug 28
Last Checked: Aug 28 at 12:56PM
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 COLDWELL BANKER REALTY
Investment Insights
Based on property information with market context.
This offering combines a 7,224-square-foot automotive facility with the operating auto shop and towing business at 6512 Old Cheney Hwy in Orlando. The property has supported operations since 2000 and includes existing equipment, infrastructure, and customer relationships. The towing operation is Florida Highway Patrol approved under Troup D and has provided authorized towing service for 8 years.
The real estate includes 1.38 acres in total, incorporating an additional 0.51-acre lot. Month-to-month occupants contribute supplemental income while retaining flexibility for future operational or leasing plans. The sale includes the business, underlying real estate, equipment, and associated automotive operating infrastructure.
The real estate includes 1.38 acres in total, incorporating an additional 0.51-acre lot. Month-to-month occupants contribute supplemental income while retaining flexibility for future operational or leasing plans. The sale includes the business, underlying real estate, equipment, and associated automotive operating infrastructure.
Key Highlights
- 7,224‑square‑foot automotive facility at 6512 Old Cheney Hwy, Orlando, FL 32807
- 1.38 acres total, including an additional 0.51‑acre lot
- Florida Highway Patrol approved under Troup D for authorized towing service
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
$141,857
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
4.81%
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%
$2,837,140
$2.8M
Cap Rate 7%
$2,026,529
$2.0M
Cap Rate 9%
$1,576,189
$1.6M
Market Conditions
NOI Build-Up for 7,224 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
$209.8K $29.04/SF
− Vacancy
−$7.1K −$0.99/SF
EGI
$202.7K $28.05/SF
− OpEx
−$60.8K −$8.42/SF
NOI
$141.9K $19.64/SF
Area
Orlando, FL
Vacancy
3.40%
Lease Rate
$29.04 /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%
$2,837,140
Cap Rate 7%
$2,026,529
Cap Rate 9%
$1,576,189
Alternative Uses
Best Use
Retail
$2.03M
$1.77M – $2.36M
NOI $141,857 @ 7.0% cap · market cap 4.81%
Second Best
Industrial
$576.5K
$504.4K – $672.6K
NOI $40,355 @ 7.0% cap · market cap 1.37%
Theoretical Best
Office A
$2.33M
$2.04M – $2.71M
NOI $162,897 @ 7.0% cap · market cap 5.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
748
Businesses Nearby
66k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
RaceTrac
Shops & Services
23,831 visits/mo
0.4 miles
PetSmart
Shops & Services
11,061 visits/mo
0.5 miles
Circle K
Shops & Services
9,059 visits/mo
0.4 miles
Dollar General
Shops & Services
8,444 visits/mo
0.2 miles
AutoZone
Shops & Services
6,868 visits/mo
0.5 miles
Demographics for 32807, FL
34,384
Population
13,906
Households
2.5
Avg Household Size
36
Median Age
25%
College-Educated
86%
High-School Grad
8.4 sq mi
ZIP Area
4,093
Density / Sq Mi
$59,583
Median Household Income
$32,667
Median Earnings
$1,471
Median Rent
$247,700
Median Home Value
Market
Vacancy Rate% for Retail in Orlando, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Auto shop - Combined automotive real estate and operating business with FHP-approved towing authorization and established shop infrastructure.
Where is this auto shop located?
The property is located at 6512 Old Cheney Hwy Orlando, FL.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: 7,224‑square‑foot automotive facility at 6512 Old Cheney Hwy, Orlando, FL 32807; 1.38 acres total, including an additional 0.51‑acre lot; Florida Highway Patrol approved under Troup D for authorized towing service
