31425 US Highway 19 N - Car Washes FOR SALE


Palm Harbor, FL 34684
$4,000,000 USD
801-712-0127
31425 US Highway 19 N, Palm Harbor, FL for Sale
$4,000,000 USD
Car Washes - FOR SALE
1/4
null | 8.98% Cap Rate

31425 US Highway 19 N
Palm Harbor, FL 34684


HIGHLIGHTS

  • Cash in on stable income streams at 31425 US Highway 19, a high-performing car wash delivering over $1,700,000 in gross sales.
  • Savvy operators can take advantage of a subscription service that provides consistent revenue streams throughout the year.
  • Ideally positioned near a heavily visited corner at US Highway 19 N and Bilgore Grove Boulevard N, seen by over 74,000 cars daily.
  • Located in a densely populated community of 192,000 residents within five miles, boasting an average household income of over $85,000 a year.

OVERVIEW

Discover a cash-flowing opportunity at 31425 US Highway 19 N, a subscription-based car wash perfectly positioned in a highly trafficked location. The 2,488-square-foot car wash and quick lube can also provide oil changes, detailing, upholstery cleaning, window tinting, and light mechanic services, providing a variety of consistent revenue streams. Savvy investors and operators can cash in on those services to the tune of $1,700,000 in gross sales, as was the case in 2021, which offers an estimated four-year breakeven point based on the current price of the car wash. The property is located at a highly trafficked location with frontage and easy ingress points on US Highway 19 N, a site that sees over 74,000 vehicles pass by daily. Additionally, the sale includes all land, improvements, and goodwill associated with the business, fixtures, furniture, and equipment, making for an easy transition for buyers. 31425 US Highway 19 N is in a densely populated community of 192,000 residents within five miles, boasting an average household income of over $85,000 annually. The mix of a cash-flowing business in a desirable and highly trafficked location makes 31425 US Highway 19 N the ideal opportunity for a variety of investors.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$1,608 USD /SF

CAP RATE

8.98%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,721 SF

ZONING

CP-1

APN/PARCEL ID

07-28-16-00000-430-0800

ASK ABOUT THIS PROPERTY

Kimberly SchneiderHigh Point Realty IncMore Info
801-712-0127

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Kimberly SchneiderHigh Point Realty IncMore Info
801-712-0127

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.