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    123 Auto Care Hwy Hollywood, FL 33020

    For Sale
    $3,500,000

    Prime Auto Repair Shop, High NOI

    Property size:
    3,360 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional investment opportunity presents a fully operational, freestanding automotive repair shop in Hollywood, Florida. The 3,360-square-foot building sits on a 10,237-square-foot fenced lot, offering ample space and 12 parking spaces. Currently generating a Net Operating Income (NOI) exceeding $315,000, this established business boasts a 9% capitalization rate and a strong history of consistent revenue growth. All equipment and machinery are included in the sale price of $3,500,000 ($1,041.67 per square foot). The property is offered as a Triple Net (NNN) lease, with a single tenant. This turnkey operation is ideal for an investor seeking a high-return, established business with significant upside potential. The sale is confidential, and showings are by appointment only to avoid disruption to the ongoing business. This is a rare opportunity to acquire a landmark automotive repair facility with a proven track record of success. The business has been operating for over 30 years. Serious inquiries only.

    Property Features for 123 Auto Care Hwy

    General Information

    Property type
    Automotive properties
    Square Feet
    3,360 SF

    HighLights

    • Confidential sale; showings by appointment only.
    • Do not disturb business operations or employees.
    • Freestanding automotive repair shop and real estate for sale.
    • Established business operating for over 30 years.
    • Turnkey operation; all equipment included.
    • 9% capitalization rate; $3,500,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto shops

    Map

    City
    Hollywood
    County
    Broward
    State
    Florida
    Longitude
    -80.1436216
    Latitude
    26.0200764

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    FAQs

    What type of property is this?
    Automotive property - Prime Auto Repair Shop, High NOI
    Where is this automotive property located?
    The property is located at 123 Auto Care Hwy Hollywood, FL.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: Confidential sale; showings by appointment only.; Do not disturb business operations or employees.; Freestanding automotive repair shop and real estate for sale.
    (954) 453-1000
    Request Owner's contact information
    123 Auto Care Hwy Hollywood, FL 33020
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    123 Auto Care Hwy Hollywood, FL 33020
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