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Property profile & analytics
OFF-MARKET
Office buildings

29328 Matthewstown Rd Easton, MD 21601-7112

684 SF 0.91 ac lot Built 2005
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US40-0055455
Property summary
AI-generated overview

This exceptional car wash facility in Easton, MD, presents a lucrative investment opportunity. Boasting 6,400 square feet on a 0.91-acre lot at 29328 Matthewstown Road, this business benefits from a prime location on a busy arterial road, ensuring high visibility and consistent customer flow. A state-of-the-art tunnel system, installed in 2016, provides efficient and high-quality car washes. Further enhancing operations, a modern Washify POS system, implemented in 2023, streamlines payments and offers valuable data analytics. The facility includes a comfortable waiting area for customers, along with dedicated office and storage spaces for efficient management. This established business enjoys a strong reputation and loyal customer base, making it an ideal turnkey operation for investors seeking entry into the car wash industry or existing operators looking to expand. Detailed financial information is available upon request for qualified buyers with a signed NDA. The asking price is $3,495,000.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2005
Total area 684 SF
Lot 0.91 ac (39,640 SF)
APN 01-004026
UPID US40-0055455
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Wet Dog Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Warehouse Storage House Group · 9 yrs held
Warehouse Storage House Group
since 2016
7 recorded transactions
2016
Price N/A
2016
$1.4M
2004
$1.4M
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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