Automotive Repair and Tire
8730 Sw 8th St Miami Miami, FL 33174
8730 Sw 8th St Miami, Miami, FL, 33174
$3,300,000
For Sale
$3,300,000
Turnkey automotive repair and tire sales business with a shop building, car lifts, and BU-2 mixed-use zoning in Westchester.
Property Size3,920 SF
Lot Size0.25 Acres
Price / SF$841.84
Days on Market16
Property Features for 8730 Sw 8th St Miami
General Information
- Standard status
- Active
- Size
- 3,920 SF
- Lot size
- 0.25 Acres
- Property subtype
- Land
Listing Agency
(904) 447-1321
Listed by
Susie Martin
(904) 447-1321
Source
Yourfhrm
Added: Jul 3 Checked: Jul 16 at 2:40 am
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 Susie Martin
Investment Insights
Based on property information with market context.
This offering presents a highly established automotive repair and tire shop business opportunity, including the land, the structure, and the thriving operations. The sale is described as turnkey, with inventory, tools, equipment, and car lifts included. The property has undergone improvements over the years, including roof resurfacing, and it has completed a 40-year certification.
The site is located in the heart of the Westchester area of Miami-Dade County, with prominent exposure on SW 8th Street/Calle 8 and access off 87th Avenue. The remarks state the property is positioned along a busy commercial corridor with more than 50,000 vehicles passing by daily.
From a tenant or owner-operator standpoint, this is a ready-to-operate automotive service and tire retail configuration that has been in place for more than 45 years. The property is designated for mixed-use residential and retail use (BU-2), which may support a variety of retail-forward uses alongside service activity. The business opportunity is also noted as qualifying for an E-2 business visa. Please contact the listing agent for additional details and to schedule a private showing.
The site is located in the heart of the Westchester area of Miami-Dade County, with prominent exposure on SW 8th Street/Calle 8 and access off 87th Avenue. The remarks state the property is positioned along a busy commercial corridor with more than 50,000 vehicles passing by daily.
From a tenant or owner-operator standpoint, this is a ready-to-operate automotive service and tire retail configuration that has been in place for more than 45 years. The property is designated for mixed-use residential and retail use (BU-2), which may support a variety of retail-forward uses alongside service activity. The business opportunity is also noted as qualifying for an E-2 business visa. Please contact the listing agent for additional details and to schedule a private showing.
Key Highlights
- Automotive repair and tire sales business with established operations for over 45 years (Banner Tires).
- 3,920 SF building on over 11,000 SF of land along SW 8th Street/Calle 8 off 87th Avenue.
- More than 50,000 vehicles passing by daily along a busy commercial corridor.
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 | $203.7k | $51.96 |
| − Vacancy | −$21.0k | −$5.35 |
| EGI | $182.7k | $46.61 |
| − OpEx | −$54.8k | −$13.98 |
| NOI | $127.9k | $32.63 |
3,920 SF · lease $51.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.83M
$1.60M – $2.13M
NOI $127,893 @ 7.0% cap · market cap 3.88%
Second Best
Industrial
$752.3K
$658.3K – $877.7K
NOI $52,664 @ 7.0% cap · market cap 1.60%
Theoretical Best
Specialty Retail
$2.65M
$2.32M – $3.09M
NOI $185,222 @ 7.0% cap · market cap 5.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Banner Tire of Westchester
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
Similar Off Market Nearby
- MaxTV — 959 SW 87th Ave, Miami, FL 33174
- Miami Roadside Service — 2024 sw 82nd pl, miami, fl 33155
- Customs Auto Luxury — 8600 SW 8th St, Miami, FL 33144
- BEST CHOICE TOWING — 1101 sw 84th ct, miami, fl 33144
- Safety Glass America — 10750, Miami, FL 33174
FAQs
What type of property is this?
Auto shop - Turnkey automotive repair and tire sales business with a shop building, car lifts, and BU-2 mixed-use zoning in Westchester.
Where is this auto shop located?
The property is located at 8730 Sw 8th St Miami Miami, FL.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: Automotive repair and tire sales business with established operations for over 45 years (Banner Tires).; 3,920 SF building on over 11,000 SF of land along SW 8th Street/Calle 8 off 87th Avenue.; More than 50,000 vehicles passing by daily along a busy commercial corridor.
