For Sale
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Property summary
This exceptional 4,500-square-foot auto shop, situated on a 15,000-square-foot lot in Cape Coral, Florida, presents a lucrative investment opportunity. The property, built in 1977 and extensively renovated in 2023, boasts a 100% occupancy rate and a strong, established client base. The single-story building features eight 12'3"x12' doors, five bays equipped with lifts (including one 10,000 lb. 2-post, three 7,000 lb. 2-post, and one 12,000 lb. 4-post lift), and two flat bays. Comprehensive equipment includes two 250-gallon 3-phase compressors, a 15hp single pump, a 15hp duplex pump, and six retractable 50' air hose reels. Parts storage is facilitated by eight pallet racks. A rear storage/work area, a hazardous material room with a fire door, and a new camera system with an ADT alarm system enhance security and functionality. The property also includes a recently renovated office and bathrooms, a new TPO roof over a solid concrete base, and ample parking for 20 vehicles. The fully paved and fenced lot offers potential for expansion. The light industrial zoning (permitted for auto repair) allows for continued operation of the existing business or adaptation to other compatible uses. The seller will transfer existing city licenses. This turnkey operation is priced at $1,800,000 ($400/sq ft) and offers significant potential for growth.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Repair Shop
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Auto Repair Shop
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Cape Coral market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CORR · Cape Coral, FLZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for CORR in Cape Coral, FL.
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