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1645 S Missouri Ave Clearwater, FL 33756

Auto shops Google Maps
1,575 SF 0.26 ac lot Built 1952
Entity Owned ~ Est. High Equity
Estimated value (blended)
$655k
Range $590k – $721k (±10%)
Property ID US18-0957298

Property summary

AI-generated overview

This thriving auto repair shop, situated on a prominent corner lot at 1645 S Missouri Avenue in Clearwater, Florida, presents a unique investment opportunity. The 1,788 square foot building sits on a 0.26-acre parcel and boasts a prime location on a main thoroughfare, ensuring high-volume traffic and excellent visibility. Established for 20 years, this well-regarded business offers a turnkey operation with significant potential for continued growth. The property includes two repair bays, a comfortable office space, ample parking for ten or more vehicles, and a secure, gated, fenced yard. Included in the sale price of $750,000 is a substantial amount of equipment, such as a lift, compressor, brake lathe, drill press, and miscellaneous inventory. Detailed financial records and a survey are available upon request to qualified buyers. This is a rare opportunity to acquire an established, profitable business with significant assets in a desirable location. Serious inquiries only. Please do not contact employees directly.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1952
Construction CONCRETE BLOCKS
Total area 1,575 SF
Lot 0.26 ac (11,225 SF)
APN 27-29-15-58590-016-0010
UPID US18-0957298

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$812k
Blend (final) Blend
$655k

Owner & transaction history

since 2025
Last sale
$500,000
6 recorded transactions
2025
$500,000
2016
Price N/A
2008
$49,000
2001
$10,000
2001
$10,714
2001
$155,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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