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    1112 Ocean Ave Lompoc, CA 93436

    For Sale
    $1,400,000

    Two thriving car washes, high traffic location.

    Property size:
    1,302 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    313
    This exceptional investment opportunity features two established self-serve car washes located at 1112 Ocean Avenue and 178 Burton Mesa Blvd in Lompoc, CA. The properties, totaling 1,302 square feet on a combined 0.15-acre lot, are being sold together for $1,400,000. Each car wash boasts three enclosed bays, providing a consistent income stream with minimal operational oversight. Situated on a busy main thoroughfare, these car washes benefit from excellent visibility and high traffic counts, ensuring a steady flow of customers. The existing loyal clientele and strong local demand for car wash services contribute to the profitability of this turnkey operation. Each real estate property is individually valued at $650,000, and each business is valued at $50,000. The seller may consider carrying a note. The properties offer ample potential for growth through the addition of services or upgrades, further enhancing the return on investment. This is a rare chance to acquire a well-established, profitable business with significant upside potential. All information is deemed reliable but not guaranteed

    Property Features for 1112 Ocean Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,302 SF
    Lot Size
    6,534 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Clean & Green Car ... Car Wash

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lompoc
    County
    Santa Barbara
    State
    California
    Longitude
    -120.4444
    Latitude
    34.63855

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    FAQs

    What type of property is this?
    Commercial real estate - Two thriving car washes, high traffic location.
    Where is this commercial real estate located?
    The property is located at 1112 Ocean Ave Lompoc, CA.
    What is the asking price?
    The asking price for this property is $1,400,000.
    (805) 481-9800
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    1112 Ocean Ave Lompoc, CA 93436
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