1505 Hooker St Bartow, FL 33830-6069
This exceptional investment opportunity presents a 5,000-square-foot auto shop situated on a one-acre lot in Bartow, Florida. The property, located at 1505 E Hooker St, 33830, boasts a modern, meticulously maintained metal insulated building constructed in 2009. The single-story structure features seven bays, an air-conditioned office space, three car lifts, and includes two tow trucks. The building is fully fenced and sits on a corner lot providing high visibility and excellent access from South Holland Pkwy (Hwy 17), ideal for large vehicle access. The property is zoned C3, offering versatility for various uses. The building's interior is in great condition, and the paved parking lot provides ample space. Currently, the property houses an established light-duty tow company with a contract for towing services within Polk County's city limits, including impounding and removal of vehicles. While the business is available for separate purchase, the real estate presents a strong standalone investment opportunity. The asking price is $1,399,000. The property is ready for occupancy on October 24, 2024.
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Gator Towing & Automotive of Polk County, LLC Auto Repair Shop
The C-3 highway business district is intended to apply to arterial streets and traffic ways where business establishments primarily not of a neighborhood or community service type, may properly be located to serve large sections of the city. Such businesses generally require considerable ground area, do not cater directly to pedestrians and need a conspicuou…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
C-3 · Bartow, FLThe C-3 highway business district is intended to apply to arterial streets and traffic ways where business establishments primarily not of a neighborhood or community service type, may properly be located to serve large sections of the city. Such businesses generally require considerable ground area, do not cater directly to pedestrians and need a conspicuous and accessible location convenient for motorists.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.