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Auto Repair Commercial Service Garage
For Sale
$1,590,000
Pending

801 CYPRESS GARDENS Blvd, Winter Haven, FL 33880

High visibility business location since 1958 on State Road.

Property Size4,400 SF
Lot Size0.42 Acres
Days on Market257

Property Features for 801 CYPRESS GARDENS Blvd

General Information

Standard status Pending
Size 4,400 SF
Lot size 0.42 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $6,771

Building Details

Building Size 4,400 SF
Year Built 1958
Stories 1
Listing Agency: Kline Real Estate Services
Listed By: Scott Kline · License #BK384685
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 8 Last Checked: Aug 8 at 2:04PM

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 Kline Real Estate Services

Investment Insights

Based on property information with market context.

This high-visibility business location, with a property use code of Auto Repair/Commercial Service Garage (2750), has been an established business site since 1958. The property retains its original Mid-Century Modern architecture. It is currently owner-occupied with a partially leased retail component. The property benefits from a corner location on the major east-west State Road 540 corridor and has a clean environmental report.

Key Highlights

  • High visibility corner location on State Road 540, a major east‑west corridor.
  • Established business location since 1958.
  • Zoned for Auto Repair/Commercial Service Garage (2750).

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
$49,412
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
3.11%
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%
$988,240 $988.2K
Cap Rate 7%
$705,886 $705.9K
Cap Rate 9%
$549,022 $549.0K
Market Conditions
NOI Build-Up for 4,400 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
$76.6K $17.40/SF
− Vacancy
−$6.0K −$1.36/SF
EGI
$70.6K $16.04/SF
− OpEx
−$21.2K −$4.81/SF
NOI
$49.4K $11.23/SF
Area
Polk County, FL
Vacancy
7.80%
Lease Rate
$17.40 /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%
$988,240
Cap Rate 7%
$705,886
Cap Rate 9%
$549,022

Alternative Uses

Best Use
Retail
$705.9K
$617.7K – $823.5K (±1% cap)
NOI $49,412 @ 7.0% cap · market cap 3.11%
Second Best
Industrial
$299.9K
$262.4K – $349.8K (±1% cap)
NOI $20,990 @ 7.0% cap · market cap 1.32%
Theoretical Best
Office A
$1.06M
$925.2K – $1.23M (±1% cap)
NOI $74,015 @ 7.0% cap · market cap 4.66%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Dent & Paint Transformers Auto Repair Shop Blazen Blvd (Bike/Boat/Book/etc) Store Fresh spa Spa & Massage Center

Suggested Use

Top Pick Law Firm Storage Facility Electrical Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

807
Businesses Nearby
Well-served
Demand for This Use

Demographics for 33880, FL

42,005
Population
17,055
Households
2.5
Avg Household Size
38
Median Age
17%
College-Educated
84%
High-School Grad
32.4 sq mi
ZIP Area
1,296
Density / Sq Mi
$56,803
Median Household Income
$35,051
Median Earnings
$1,128
Median Rent
$200,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Auto shop - High visibility business location since 1958 on State Road.
Where is this auto shop located?
The property is located at 801 CYPRESS GARDENS Blvd Winter Haven, FL.
What is the asking price?
The asking price for this property is $1,590,000.
What are key features of this property?
This property features: High visibility corner location on State Road 540, a major east‑west corridor.; Established business location since 1958.; Zoned for Auto Repair/Commercial Service Garage (2750).
More about this property
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