Miami auto service and gas station cap rates
Miami-Dade County · Updated September 2026
Current range
6.25% – 7.50%
Environmental history matters more here than for any other property type.
Typical expenses
10%
of collected income, paid by the owner
What moves a auto service and gas station property within the range
- Tenant and lease terms.
- Environmental condition of the site.
- Corner location and traffic counts.
- Location and age. Core neighborhoods trade about 0.25% tighter, outer markets about 0.50% wider, and buildings from before 1980 about 0.25% wider.
What a quarter point is worth
Take a auto service and gas station property with $500,000 of net operating income. At today’s range, every 0.25% change in cap rate moves its value by about $255,183.
| Cap rate | Value at $500,000 NOI |
|---|---|
| 6.00% | $8,333,333 |
| 6.25% | $8,000,000 |
| 6.88% | $7,267,442 |
| 7.50% | $6,666,667 |
| 7.75% | $6,451,613 |
Questions
What is a good cap rate for auto service and gas station in Miami?
Stabilized auto service and gas station properties in Miami-Dade are trading at 6.25% to 7.50%. A lower cap rate means a higher price for the same income. Whether a given cap rate is good depends on whether you are buying or selling.
How do I calculate the value of a auto service and gas station property?
Divide the net operating income by the cap rate. A property netting $500,000 a year at a 6.88% cap rate is worth about $7,272,727.
What expenses come out of net operating income?
Property taxes, insurance, repairs, management, utilities the owner pays and reserves. Not the mortgage. For auto service and gas station, owner-paid expenses typically run about 10% of collected income.
Other property types: Multifamily (10+ units) · Small multifamily (2–9 units) · Retail / strip center · Single-tenant net lease · Office · Medical office · Industrial / warehouse · Mixed use · Self storage · Hotel / motel. Land values by neighborhood: see the table.
What is your auto service and gas station property worth?
Enter your address and we pull the county record. Add your rent and expenses and you will see your cap rate and value range against today's auto service and gas station market. It is free.
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