Free-Standing Industrial Auto
7217 SW 42nd Street Miami, FL 33155
7217 SW 42nd Street, Miami, FL, 33155
$2,750,000
For Sale
$2,750,000
Free-standing, fenced industrial auto facility includes air-conditioned mechanics-shop office and street-level loading doors.
Property Size6,014 SF
Price / SF$457.27
Days on Market43
Property Features for 7217 SW 42nd Street
General Information
- Standard status
- Active
- Size
- 6,014 SF
- Property subtype
- Commercial
Listing agency
GEMSTONE REAL ESTATE INC
Listed by
ANGEL C CLEMENTE · License #A12004490
Source
Corcoran
Added: Jun 9 Updated: Jul 20 at 11:38PM Checked: Jul 20 at 11:38PM
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 GEMSTONE REAL ESTATE INC
Investment Insights
Based on property information with market context.
This free-standing industrial auto facility includes an air-conditioned office and bathroom, plus two street-level loading doors. Approximately 4,300 square feet is used as a mechanics shop with a BMW specialist operation, and an additional 1,700 square feet is part of the total building area.
The property is fenced and offers 10+ parking spaces for day-to-day operations. It is located near Bird Road and SW 72nd Ave, within close distance of Palmetto and major shopping and commercial destinations.
The property is currently leased, with 6,014 square feet described as leased total space.
The property is fenced and offers 10+ parking spaces for day-to-day operations. It is located near Bird Road and SW 72nd Ave, within close distance of Palmetto and major shopping and commercial destinations.
The property is currently leased, with 6,014 square feet described as leased total space.
Key Highlights
- 10,662 SF free‑standing, fenced industrial auto facility in Miami‑Dade County, zoned IU‑1
- Includes a 4,300 SF mechanics shop plus a 4,300 SF air‑conditioned office/bathroom area
- Air‑conditioned office with bathroom and 2 street‑level loading doors
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 | $312.5k | $51.96 |
| − Vacancy | −$32.2k | −$5.35 |
| EGI | $280.3k | $46.61 |
| − OpEx | −$84.1k | −$13.98 |
| NOI | $196.2k | $32.63 |
6,014 SF · lease $51.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.80M
$2.45M – $3.27M
NOI $196,211 @ 7.0% cap · market cap 7.13%
Second Best
Industrial
$1.15M
$1.01M – $1.35M
NOI $80,796 @ 7.0% cap · market cap 2.94%
Theoretical Best
Specialty Retail
$4.06M
$3.55M – $4.74M
NOI $284,164 @ 7.0% cap · market cap 10.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Best Motor Works ...
Auto Repair Shop
Similar For Sale Nearby
Similar Off Market Nearby
- Perfect Touch Collision Center — 4819 SW 75th Ave, Miami, FL 33155
- F P Auto Interiors Corporation — 4646 SW 74th Ave, Miami, FL 33155, United States
- Glass & Mirror of South Florida — 4731 sw 75th ave, miami, fl 33155
- Blue Dasher Technologies — 7440 SW 50th Terrace #109, Miami, FL 33155
- Racing Design Inc — 4790 SW 75th Ave, Miami, FL 33155
FAQs
What type of property is this?
Auto shop - Free-standing, fenced industrial auto facility includes air-conditioned mechanics-shop office and street-level loading doors.
Where is this auto shop located?
The property is located at 7217 SW 42nd Street Miami, FL.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: 10,662 SF free‑standing, fenced industrial auto facility in Miami‑Dade County, zoned IU‑1; Includes a 4,300 SF mechanics shop plus a 4,300 SF air‑conditioned office/bathroom area; Air‑conditioned office with bathroom and 2 street‑level loading doors
