Established Auto Body Repair
For Sale
$450,000
8 3rd St, Lansdowne, PA 19050
Turnkey auto body repair business with real estate for sale.
Property Size2,400 SF
Price / SF$187.50
Days on Market377
Property Features for 8 3rd St
General Information
Standard status
Active
Size
2,400 SF
Building Details
Year Built
1963
Listing Agency:
Canaan Realty Services INC
Listed By:
Ella S Thang · License #RS321764
(215) 333-1826
Source:
Premierehomegroup
Added: Sep 1, 2025
Changed: Sep 8
Last Checked: Sep 11 at 3:32PM
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 Canaan Realty Services INC
Investment Insights
Based on property information with market context.
A well-established automotive body repair shop is available for sale, including the real estate. The business has been successfully operating for over 11 years, known for high service quality and income return. The listing price includes a vacant lot located at 6 S. 3rd Street (35 X 20, Tax ID # 16-02-02086-01), with an annual real estate tax of $336. The property features 10+ foot ceilings and a relatively new roof, approximately 2 years old. It includes two large insulated overhead doors, one measuring 10 X 10 and the other 9 X 9. The shop is equipped with a private, air-conditioned office that has tile flooring, bathrooms, security features, and cable TV. The existing business has a strong local reputation, presenting a potential opportunity to increase income by increasing volume. This is a turnkey opportunity to own an income-producing auto body repair business.
Key Highlights
- Established Automotive Body Repair Shop with 11+ Years of Successful Operation
- Turnkey Business Opportunity with High Service Quality and Income Potential
- Includes Vacant Lot (6 S. 3rd Street, 35 X 20) for Expansion or Development
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
$23,562
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
5.24%
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%
$471,240
$471.2K
Cap Rate 7%
$336,600
$336.6K
Cap Rate 9%
$261,800
$261.8K
Market Conditions
NOI Build-Up for 2,400 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
$36.0K $15.00/SF
− Vacancy
−$2.3K −$0.98/SF
EGI
$33.7K $14.03/SF
− OpEx
−$10.1K −$4.21/SF
NOI
$23.6K $9.82/SF
Area
Delaware County, PA
Vacancy
6.50%
Lease Rate
$15.00 /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%
$471,240
Cap Rate 7%
$336,600
Cap Rate 9%
$261,800
Alternative Uses
Best Use
Retail
$336.6K
$294.5K – $392.7K
NOI $23,562 @ 7.0% cap · market cap 5.24%
Second Best
Industrial
$208.0K
$182.0K – $242.6K
NOI $14,557 @ 7.0% cap · market cap 3.23%
Theoretical Best
Office A
$727.7K
$636.7K – $848.9K
NOI $50,936 @ 7.0% cap · market cap 11.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,011
Businesses Nearby
120k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 41%
Groceries 37%
Dining 16%
Apparel 6%
Giant Food Store
Groceries
42,247 visits/mo
0.3 miles
McDonald's
Dining
18,927 visits/mo
0.2 miles
Conoco
Shops & Services
10,317 visits/mo
0.5 miles
Sunoco
Shops & Services
10,169 visits/mo
0.1 miles
Giant Gasoline
Shops & Services
8,596 visits/mo
0.2 miles
Demographics for 19050, PA
29,176
Population
12,695
Households
2.3
Avg Household Size
40
Median Age
30%
College-Educated
92%
High-School Grad
3.7 sq mi
ZIP Area
7,885
Density / Sq Mi
$62,517
Median Household Income
$44,408
Median Earnings
$1,166
Median Rent
$188,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- quiet embers — Post Office Box 898, Lansdowne, PA 19050
- Springfield Mitsubishi Service and Parts Center — 549 Industrial Park Dr, East Lansdowne, PA 19050
- MTA Automotive LLC. — 3 kelly st bay #2&3, lansdowne, pa 19050
- Mr. Philadelphia Mobile Mechanic — 15 N Wycombe Ave, Lansdowne, PA 19050
- ACS Auto Body — 14 S Wycombe Ave, Lansdowne, PA 19050
Frequently Asked Questions
What type of property is this?
Auto shop - Turnkey auto body repair business with real estate for sale.
Where is this auto shop located?
The property is located at 8 3rd St Lansdowne, PA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Established Automotive Body Repair Shop with 11+ Years of Successful Operation; Turnkey Business Opportunity with High Service Quality and Income Potential; Includes Vacant Lot (6 S. 3rd Street, 35 X 20) for Expansion or Development
