150 Fern StJupiter, FL 33458

Property Details for 150 Fern St

Year built

1993

Construction

WOOD

Lot size

0.13 AC

Property size (Sq ft)

2,100 SF

Zone code

I1

Property type

Other commercial real estate

Property subtype

Showrooms

APN

30-42-41-01-03-005-0230

APU

30424101030050230

Description

This exceptional turnkey auto body shop, located at 150 Fern Street in Jupiter, Florida, presents a unique investment opportunity. The property, built in 1993, consists of a single industrial unit and is offered at an asking price of $850,000 for the real estate alone. A complete package, including all equipment, the established book of business, and goodwill, is available for $1,000,000. This represents a rare chance to acquire a well-regarded and profitable business in a desirable location. The business boasts an A-rating and consistently positive customer reviews, demonstrating a strong reputation for quality and service. Situated in Palm Beach County, Florida, this property benefits from the state's favorable tax climate. The seller is willing to consider selling the real estate and business separately. The property's address is 150 Fern Street, Jupiter, FL 33458. This is a remarkable opportunity for an entrepreneur seeking to establish or expand their presence in the thriving Jupiter market. The property's location offers excellent accessibility and visibility, contributing to the business's success. This turnkey operation minimizes the start-up challenges, allowing for immediate revenue generation.

• CAP approach

  CAP return

  Valuation

  6%

  $1,280,112

  6.5%

  $1,181,642

  7%

  $1,097,239

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,348,984

  Geo Method

  $1,348,984

• Alternative Use

  Use

  Valuation

  Residential

  $996,759

  Hospitality

  $913,026

  Educational

  $759,627

  Medical

  $785,751

  Retail

  $1,181,642

Location Insight

City

Jupiter

County

Palm Beach

State

Florida

Latitude

26.9358

Longitude

-80.0957

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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