600 Saint Petersburg DrOldsmar, FL 34677

Property Details for 600 Saint Petersburg Dr

Year built

1986

Construction

CONCRETE BLOCKS

Lot size

0.10 AC

Property size (Sq ft)

980 SF

Property type

Retail properties

Property subtype

Auto shops

APN

23-28-16-63936-084-0061

APU

232816639360840061

Description

This exceptional turnkey auto repair shop, located at 600 Saint Petersburg Dr E in Oldsmar, Florida, presents a unique investment opportunity. The 1,350 square foot building sits on a 0.1-acre lot and is ideally suited for an experienced mechanic or investor seeking entry into the automotive service industry. The property boasts three bays equipped with high roll-up doors, providing ample space for servicing vehicles. A mezzanine level offers valuable storage. Included in the sale are well-maintained lifts, compressors, and oil machines, ensuring a smooth transition for the new owner. Simply bring your tools and begin operations immediately. This established business benefits from its location within an existing community and enjoys the potential for increased business due to a recently approved 10-acre mixed-use development directly adjacent to the south. This development promises to bring significant growth and increased traffic to the area. The property's strong foundation and unlimited potential make it an attractive proposition for both seasoned professionals and newcomers to the automotive repair sector. This is a rare opportunity to acquire a profitable and established business with significant upside. The asking price is $625,000.

• CAP approach

  CAP return

  Valuation

  6%

  $298,774

  6.5%

  $275,791

  7%

  $256,092

• Comparable approach

  Method

  Valuation

  Relative Method

  $272,348

  Geo Method

  $272,348

• Alternative Use

  Use

  Valuation

  Residential

  $232,640

  Hospitality

  $213,097

  Educational

  $177,294

  Medical

  $183,392

  Retail

  $275,791

Location Insight

City

Oldsmar

County

Pinellas

State

Florida

Latitude

28.0349

Longitude

-82.6579

CBSA code

45300

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].