Turnkey Auto Shop and Tow
For Sale
$2,950,000
6512 Old Cheney Highway ORLANDO, Orlando, FL 32807
For sale as a package with existing auto shop operations, FHP-approved tow service, and real estate on 1.38 acres.
Property Size7,224 SF
Lot Size1.38 Acres
Price / SF$408.36
Days on Market47
Property Features for 6512 Old Cheney Highway ORLANDO
General Information
Standard status
Active
Size
7,224 SF
Lot size
1.38 Acres
Zoning
C-3
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$11,445
Amenities
1
true
Fire Hydrant
Public
38037
0.87
2
false
Common,Lighted,Secured
Paved
Slab
Street Paved,Business District,City Street
7224
4
Public Maintained Road
Building Details
Building Size
7,224 SF
Year Built
1947
Buildings
4
Stories
1
Listing Agency:
THE REAL ESTATE COLLECTION LLC
(407) 656-7814
Listed By:
Christian Dyas · License #3121297
(407) 656-7814
Source:
Therealestatecollection
Added: Jul 6
Changed: Aug 14
Last Checked: Aug 14 at 8:02AM
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 THE REAL ESTATE COLLECTION LLC
Investment Insights
Based on property information with market context.
This turnkey offering combines an operating auto shop and towing business with the underlying real estate. The towing division is Florida Highway Patrol (FHP) approved, and has maintained 8 years of continuous service as an authorized tow provider. Ownership has operated at the location since 2000, and the business includes existing equipment and infrastructure, along with an established customer base. The property also features month-to-month occupants generating supplemental income, while preserving flexibility for future leasing or operational changes. The total site size is 1.38 acres, consisting of the main property plus an additional 0.51-acre lot.
Located in Orlando, Florida, the facility is a functional automotive site designed for continued automotive use. The listing reflects available financial documentation supporting historical operating performance and includes a foundation for continued operations under new ownership.
Located in Orlando, Florida, the facility is a functional automotive site designed for continued automotive use. The listing reflects available financial documentation supporting historical operating performance and includes a foundation for continued operations under new ownership.
Key Highlights
- Package includes auto shop operations, Florida Highway Patrol (FHP) approved towing (Troup D), and the underlying real estate.
- FHP‑approved tow operator with 8 years of continuous service as an authorized tow provider.
- Ownership has operated at the location since 2000, with an established customer base and operating continuity.
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
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 - For sale as a package with existing auto shop operations, FHP-approved tow service, and real estate on 1.38 acres.
Where is this auto shop located?
The property is located at 6512 Old Cheney Highway ORLANDO 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: Package includes auto shop operations, Florida Highway Patrol (FHP) approved towing (Troup D), and the underlying real estate.; FHP‑approved tow operator with 8 years of continuous service as an authorized tow provider.; Ownership has operated at the location since 2000, with an established customer base and operating continuity.
