Turnkey Automotive Repair
For Sale
Contact for pricing
Pending
5606 Belair Rd, Baltimore, MD 21206
Automotive repair and body shop with equipment and U-Haul rental.
Property Size4,000 SF
Days on Market1790
Property Features for 5606 Belair Rd
General Information
Standard status
Pending
Size
4,000 SF
Property subtype
Retail
Zoning
C-3
Building Details
Year Built
1930
Year Renovated
2017
Listing Agency:
Gold and Company, LLC.
(410) 578-1300
Listed By:
Alex Simone · License #MD 674771
Source:
Crexi
Added: Sep 27, 2021
Changed: Aug 13
Last Checked: Aug 20 at 12:56PM
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 Gold and Company, LLC.
Investment Insights
Based on property information with market context.
This is a turnkey automotive repair and body shop for sale. The property includes all equipment and features 3 bays within its 4,000 square feet. Updates include a roof, HVAC system, and LED lighting. The property also features a 4,000 square foot fenced, secure rear lot. A U-Haul rental business operates on-site. Caliber Collision, located across the street, refers significant business to this property. The location benefits from high traffic, with over 20,000 cars passing daily. Additional off-street parking is available.
Key Highlights
- Turnkey automotive repair and body shop with all equipment included
- Caliber Collision referral business provides a significant revenue stream
- U‑Haul rental business on‑site offers additional income potential
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$45,108
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.67%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$902,160
$902.2K
Cap Rate 7%
$644,400
$644.4K
Cap Rate 9%
$501,200
$501.2K
Market Conditions
NOI Build-Up for 4,000 SF
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.
Gross rent
$72.0K $18.00/SF
− Vacancy
−$7.6K −$1.89/SF
EGI
$64.4K $16.11/SF
− OpEx
−$19.3K −$4.83/SF
NOI
$45.1K $11.28/SF
Area
ZIP 21206
Vacancy
10.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$902,160
Cap Rate 7%
$644,400
Cap Rate 9%
$501,200
Alternative Uses
Best Use
Retail
$644.4K
$563.9K – $751.8K
NOI $45,108 @ 7.0% cap · market cap 5.67%
Second Best
Industrial
$315.5K
$276.1K – $368.1K
NOI $22,085 @ 7.0% cap · market cap 2.78%
Theoretical Best
Multifamily LT 5
$841.8K
$736.6K – $982.1K
NOI $58,928 @ 7.0% cap · market cap 7.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
697
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 21206, MD
49,470
Population
21,939
Households
2.3
Avg Household Size
38
Median Age
25%
College-Educated
89%
High-School Grad
7.3 sq mi
ZIP Area
6,777
Density / Sq Mi
$62,965
Median Household Income
$46,426
Median Earnings
$1,215
Median Rent
$213,700
Median Home Value
Market
Vacancy Rate% for Retail in Baltimore, MD
Questions? Ask Rey
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Similar Off Market Nearby
- Tino Auto Service And Sales — 4835 Belair Rd, Baltimore, MD 21206
- H&H Auto — 4709 Belair Rd, Baltimore, MD 21206
- TINTMANIAC&TRADES LLC — 4709 Belair Rd, Baltimore, MD 21206
- Crash Champions Collision Repair Baltimore — 4700 Belair Rd, Baltimore, MD 21206
- ATM — 4907 Frankford Ave, Baltimore, MD 21206
Frequently Asked Questions
What type of property is this?
Auto shop - Automotive repair and body shop with equipment and U-Haul rental.
Where is this auto shop located?
The property is located at 5606 Belair Rd Baltimore, MD.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Turnkey automotive repair and body shop with all equipment included; Caliber Collision referral business provides a significant revenue stream; U‑Haul rental business on‑site offers additional income potential
