Property profile

205 State St Bunnell, FL 32110

OFF-MARKET
Auto shops
Property ID
US18-4332374
2,892 SF 0.23 ac lot Built 1981
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a thriving auto repair shop strategically located at 205 S State St, Bunnell, FL. The property sits on a sizable 0.23-acre lot and offers significant income potential through its dual operation: a well-established auto repair business and a complementary car wash. The main building houses the fully operational auto repair facility, equipped and ready for immediate use. The attached car wash provides a consistent stream of additional revenue, enhancing the overall profitability of the business. Adding to the property's versatility, a substantial 1036 square feet of space is available upstairs, presenting numerous possibilities for expansion, additional office space, or even rental income. This versatile property is priced at $600,000 and represents a rare chance to acquire an established, income-generating business with significant upside potential. The location in Bunnell, FL offers convenient access to major roadways and a strong local customer base. This turnkey operation is ideal for an experienced entrepreneur seeking a profitable venture or an investor looking for a solid return on investment. The property's combination of established businesses and extra space makes it a truly unique and attractive opportunity in the thriving Bunnell market. Serious inquiries are encouraged to explore this exceptional offering further. Financial statements and detailed operational information are available upon request.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1981
Construction CONCRETE BLOCKS
Total area 2,892 SF
Lot 0.23 ac (9,845 SF)
Zoning code B-1
APN 10-12-30-0850-01710-0090
UPID US18-4332374

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
  • Car Wash
  • Auto Repair Shop

Location

205 State St Bunnell, FL 32110-6103
Bunnell metro Census 60207 DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2024
Last sale
$500,000
1 recorded transaction
2024
$500,000

Zoning & alternative use

B-1 · Bunnell, FL
Zoning description

The purpose of this business commercial district is to guide and regulate commercial uses including personal and business services and general retail business. It is the intent of this district to allow a wide range of c…

General category MIXED_USE

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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