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    FOR SALE
    Distribution centers

    23306 Highway 19 SE, Old Town, FL 32680

    5 ac lot
    Property ID
    US18-8335216
    23306 Highway 19 SE, Old Town, FL 32680 For Sale
    $1,500,000
    23306 Highway 19 SE, Old Town, FL 32680
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    Property summary
    AI-generated overview

    This turnkey automotive paint and body shop in Old Town, Florida, presents a compelling investment opportunity. Situated on a five-acre lot zoned for Commercial Intensive use, the property includes three buildings totaling 16' ceiling height. The main building houses eight covered bays, two paint booths (one large enough for an RV or semi-truck), a prep area, a paint mixing room, and a customer service office. A separate building serves as a tire repair center, and additional storage is available in an outside supply building. The property also features eight loading docks and eight dock-high doors. A recently renovated two-bedroom, one-bathroom home on the property offers potential for owner occupancy, employee housing, or rental income. Recent upgrades to the home include a new roof, electrical system, water pump, hot water heater, soffit, and paint. The property is fully fenced. The location on Highway 19 benefits from high traffic counts, increasing visibility and potential for growth. The asking price is $1,800,000. This established business is well-positioned to capitalize on the strong demand for automotive repair services in a rapidly growing area.

    Property profile
    Verified
    Property type Distribution centers
    Lot 5 ac (217,800 SF)
    UPID US18-8335216
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Tri County Collision Auto Repair Shop
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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