Property profile

425 Central Ave Laurel, DE 19956

FOR SALE
Auto shops
Property ID
US17-0237523
Built 1995
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Property summary

AI-generated overview

Turnkey automotive collision and service facility in Laurel, Delaware. The property totals approximately +/-6,600 SF across two functional shop buildings and can be purchased together or separately. It is well suited for collision repair, mechanical service, fleet maintenance, contractor operations, heavy equipment repair, and specialty automotive users. The property's main office features customer reception, paint booth, interior wash bay, sprinkler system, updated HVAC, and radiant heat, together with a secondary production shop offering additional workspace, radiant heat, and exhaust ventilation. The specialized improvements provide significant value and would be difficult and costly to recreate today and there is equipment available as a separate purchase.

Property profile

Verified
Property type Auto shops
Year built 1995
UPID US17-0237523

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

Location

425 Central Ave Laurel, DE 19956
Laurel metro
Google Maps

Value estimations

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

Owner & transaction history

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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