1749 Bay St Eustis, FL 32726-5662
- Auto shops
- 1,680 SF
- 0.28 lot acres
Current Use by Public Records
- Discount Auto / Car Repair And Maintenance Service / Car Dealer
Property Details for 1749 Bay St
- Year built
- 1962
- Construction
- BRICK
- Lot size
- 0.28 lot acres
- Property size
- 1,680 SF
- Property type
- Auto shops
- APN
- 14-19-26-1800-000-11500
- APU
- 141926180000011500
Description
This 1,680 sq ft Eustis, FL auto shop, built in 1962 and renovated in 2023, sits on a 12,144 sq ft lot (APN 14-19-26-1800-000-11500). The property is zoned GC and boasts 100% occupancy. The single-story building includes three fully operational mechanic bays, ideal for servicing vehicles sold through the established "Buy Here Pay Here" (BHPH) business model. This model generates consistent monthly revenue exceeding $40,000, further enhanced by $160,000 in existing contracts with monthly payments. The sale includes four fixed assets: one compressor and three lifts. This turnkey operation presents a unique opportunity for an owner/user seeking to acquire a profitable, established automotive business in a high-traffic location. The property's prime location ensures excellent visibility and customer foot traffic. This is a rare opportunity to acquire a successful business with a strong revenue stream and significant growth potential.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $285,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $335,000
- 6.5%
- $335,000
- 7%
- $300,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $365,000
- Geo Method
- $340,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $300,000
- Retail
- $325,000
- Mixed-Use
- $295,000
- Hospitality
- $320,000
- Educational
- $325,000
- Residential Income
- $285,000
- Energy
- $320,000
- Income-Based Land
- $315,000
- Food Service
- $275,000
Location Insight
- Map
- Local Demand
- City
- Eustis
- County
- Lake
- State
- Florida
- Longitude
- -81.6852
- Latitude
- 28.8368
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA