Auto Mechanic Shop With
835 N Ferdon Boulevard Crestview, FL 32536
835 N Ferdon Boulevard, Crestview, FL, 32536
$400,000
For Sale
$400,000
Auto mechanic shop for sale with multiple service bay doors, two vehicle lifts, and included shop equipment on highway frontage.
Property Size1,500 SF
Lot Size0.40 Acres
Price / SF$266.67
Days on Market270
Property Features for 835 N Ferdon Boulevard
General Information
- Standard status
- Active
- Size
- 1,500 SF
- Lot size
- 0.40 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1992
Listing agency
LOKATION
(954) 545-5583
Listed by
Ray Mitchell · License #3360946
Source
Xome
Added: Oct 26, 2025 Updated: Jul 22 at 9:10AM Checked: Jul 22 at 9:10AM
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 LOKATION
Investment Insights
Based on property information with market context.
This for-sale auto mechanic shop includes a 1,500-square-foot building on 0.4 acres with 107 feet of frontage on busy Hwy 85 N. The shop is equipped with two 12 x 12 front bay doors and one 10 x 10 back door. Included shop equipment consists of a 4-post lift (1,600 lb), a 2-post lift (8,500 lb), a brake lathe, a pipe bender, and miscellaneous inventory and supplies.
The property is located just past the CEFCO gas station, and the average daily traffic count was 28,500 in 2024.
The layout supports vehicle service operations with dedicated roll-up access at both the front and rear, along with capacity for lift-assisted work using the included lifting equipment.
The property is located just past the CEFCO gas station, and the average daily traffic count was 28,500 in 2024.
The layout supports vehicle service operations with dedicated roll-up access at both the front and rear, along with capacity for lift-assisted work using the included lifting equipment.
Key Highlights
- Auto mechanic shop with 1,500 SF building on 0.4 acres
- 107 ft of frontage on busy Hwy 85 N (average daily traffic: 28,500 in 2024)
- Includes multiple service bay doors: two 12x12 (front) and one 10x10 (back)
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 | $33.3k | $22.20 |
| − Vacancy | −$2.5k | −$1.67 |
| EGI | $30.8k | $20.54 |
| − OpEx | −$9.2k | −$6.16 |
| NOI | $21.6k | $14.37 |
1,500 SF · lease $22.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$308.0K
$269.5K – $359.4K
NOI $21,562 @ 7.0% cap · market cap 5.39%
Second Best
Industrial
$110.9K
$97.1K – $129.4K
NOI $7,764 @ 7.0% cap · market cap 1.94%
Theoretical Best
Specialty Retail
$578.1K
$505.8K – $674.4K
NOI $40,464 @ 7.0% cap · market cap 10.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Signs Of Hope
Marketing & Advertising
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Similar Off Market Nearby
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- Stanton Automotive Inc — 294 W James Lee Blvd, Crestview, FL 32536
- Best Price Tires And Automotive, Llc — 294 W James Lee Blvd, Crestview, FL 32536
- Next Auto Glass — 294 W James Lee Blvd, Crestview, FL 32536
- OC's Towing — 436 E James Lee Blvd, Crestview, FL 32539
FAQs
What type of property is this?
Auto shop - Auto mechanic shop for sale with multiple service bay doors, two vehicle lifts, and included shop equipment on highway frontage.
Where is this auto shop located?
The property is located at 835 N Ferdon Boulevard Crestview, FL.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Auto mechanic shop with 1,500 SF building on 0.4 acres; 107 ft of frontage on busy Hwy 85 N (average daily traffic: 28,500 in 2024); Includes multiple service bay doors: two 12x12 (front) and one 10x10 (back)