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Property summary
The property at 425 N Central Ave in Laurel, Delaware consists of two heated auto body shop buildings and a main office arranged to support vehicle bodywork workflows and storage. The main office includes a sprinkler system, natural gas heating, air conditioning, and a dedicated vehicle wash bay with interior drainage. Both shop buildings are heated using natural gas radiant infrared units; the secondary shop also includes an exhaust fan for ventilation. The secondary shop building is located directly across the street from the primary shop and office. The facility includes an extensive installed equipment package and professional-grade shop systems, including a Binks crossflow paint booth with a 1,000,000 BTU heater, a Chief frame machine with a computerized measuring system, and three vehicle lifts, along with air compressors, welding equipment, a plasma cutter, an automotive diagnostic scanner, a vacuum system, heat lamps, and parts-rack and other shop tools and systems.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Repair Shop
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Laurel market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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