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1350 Palm Bay Rd NE, Palm Bay FL 32905

1350 Palm Bay Rd NE, Palm Bay, FL, 32905
Sold

Property Details

  • Property Type: Auto Related, Investment
  • Availability: Sold
  • Transaction Type: Sold
  • Building Size: 1,999 SF
  • Lot Size: 0.41 AC
  • Zoning Description: CC
  • Frontage: 100'

Property Description

Express Wash with Self-Service Bays

  • Established location with recently modernized operation consisting of a total of 4 car wash bays; 1 express tunnel and 3 self-serve stalls. Additional updates include new central vacuums to the self-serve bays, a 20 foot canopy extension, and a new foam arch. Approximately $250K in capital improvements. This is a great business with steady cash flow and minimal inventory requirements.
  • Additional upgrades include a phone app system allowing for monthly wash club memberships, in addition to adding a high power LED bay and exterior lights plus vacuum stations that are free to use with a paid wash service.
  • The self-serve stalls even accommodate oversized vehicles such as boats, dually trucks, and trailers; a feature not common with most car washes.
  • Unlike the modern day express car wash this site has the capability to be a 24-hour operation with the option to add full service detailing.
  • Located in a high traffic flow area due to the newly widened six lane road. Just minutes away from the I-95 ramp.

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Financial Summary

Investment Highlights

Price $0.00
Price / Unit $0.00
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $0.00

 

Income & Expenses

Income
Potential
Current

 

Expense
Potential
Current
Total Expenses
$ 0.00
$ 0.00
Net Operating Income $0.00 $0.00
Less Debt Service $0 $0
Potential Net Cash Flow $0.00 $0.00
Cash on Cash Return 0.00 % 0.00 %
Capitalization Rate 0.00 % 0.00 %

Rent Roll

Unit
BR/BA
Current Monthly Rent
Potential Monthly Rent
Status
Lease Expires

Totals

$ 0.00

$ 0.00

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