1645 Missouri AveClearwater, FL 33756

Property Details for 1645 Missouri Ave

Year built

1952

Construction

CONCRETE BLOCKS

Lot size

0.26 AC

Property size (Sq ft)

1,575 SF

Property type

Retail properties

Property subtype

Auto shops

APN

27-29-15-58590-016-0010

APU

272915585900160010

Description

This thriving auto repair shop, situated on a prominent corner lot at 1645 S Missouri Avenue in Clearwater, Florida, presents a unique investment opportunity. The 1,788 square foot building sits on a 0.26-acre parcel and boasts a prime location on a main thoroughfare, ensuring high-volume traffic and excellent visibility. Established for 20 years, this well-regarded business offers a turnkey operation with significant potential for continued growth. The property includes two repair bays, a comfortable office space, ample parking for ten or more vehicles, and a secure, gated, fenced yard. Included in the sale price of $750,000 is a substantial amount of equipment, such as a lift, compressor, brake lathe, drill press, and miscellaneous inventory. Detailed financial records and a survey are available upon request to qualified buyers. This is a rare opportunity to acquire an established, profitable business with significant assets in a desirable location. Serious inquiries only. Please do not contact employees directly.

• CAP approach

  CAP return

  Valuation

  6%

  $451,353

  6.5%

  $416,634

  7%

  $386,874

• Comparable approach

  Method

  Valuation

  Relative Method

  $437,701

  Geo Method

  $437,701

• Alternative Use

  Use

  Valuation

  Residential

  $351,446

  Hospitality

  $321,923

  Educational

  $267,836

  Medical

  $277,047

  Retail

  $416,634

Location Insight

City

Clearwater

County

Pinellas

State

Florida

Latitude

27.9368

Longitude

-82.7871

CBSA code

45300

CBSA name

TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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