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    16223 James Madison Hwy Dillwyn, VA 23936

    For Sale
    $875,900

    Profitable Car Wash, High-Traffic Location

    Property size:
    1,992 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This thriving car wash business, known as Washbox Carwash, is located at 16223 N James Madison Highway in Dillwyn, Virginia. The 1,992 square foot facility sits on a 0.88-acre lot and is offered at $875,900. The well-established car wash boasts a mix of self-serve and touch-free bays, catering to a wide range of customer needs. The current setup includes one automatic bay, three regular self-serve bays, and a spacious bay designed for larger trucks. Significant upgrades and improvements have been implemented across multiple locations within the last two to three years, enhancing operational efficiency and customer experience. This presents a unique opportunity to acquire a profitable, established business with the potential for increased revenue through the addition of monthly subscription services. The seller also owns other properties, including commercial properties in Farmville, Virginia (listed at $2,999,900), a property in Amelia, Virginia (listed at $450,000), and a property in an undisclosed location including a leasehold interest (listed at $989,900). The seller may consider selling these properties together. This is a turnkey operation ideally situated in the Richmond metro area, offering immediate income generation and significant growth potential. The property's prime location ensures high visibility and consistent customer traffic. This presents a rare opportunity to acquire a profitable and established business with a strong track record.

    Property Features for 16223 James Madison Hwy

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,992 SF
    Lot Size
    38,333 SF

    Building Details

    Year Built
    1990
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Washbox Touch Free ... Car Wash

    Suggested Use

    Realty agency Restaurant Law Firm Wholesale Shop Spa & Massage Auto Repair Shop Building Supply Clothing Store Dental Office Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dillwyn
    County
    Buckingham
    State
    Virginia
    Longitude
    -78.47305
    Latitude
    37.54508

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    FAQs

    What type of property is this?
    Commercial real estate - Profitable Car Wash, High-Traffic Location
    Where is this commercial real estate located?
    The property is located at 16223 James Madison Hwy Dillwyn, VA.
    What is the asking price?
    The asking price for this property is $875,900.
    (804) 288-2100
    Request Owner's contact information
    16223 James Madison Hwy Dillwyn, VA 23936
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16223 James Madison Hwy Dillwyn, VA 23936
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