Turnkey Car Wash
For Sale
$650,000
10705 Biscayne Blvd, Miami, FL 33161
Turnkey car wash business built in 2023 with indoor seating and a panoramic glass view of the detailing area.
Property Size2,000 SF
Price / SF$325
Days on Market95
Property Features for 10705 Biscayne Blvd
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Business Opportunity
Site & Location
Traffic Count
65,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Amenities
indoor seating area
Building Details
Year Built
2023
Abandoned
No
Listing Agency:
Brickell Realty Group International
Listed By:
Pittel Dominguez · License #3053917
(786) 512-4072
Source:
Mymiahomes
Added: Jul 29
Changed: Oct 25
Last Checked: Oct 7 at 5:06PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brickell Realty Group International
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Turnkey car wash business with indoor seating and a panoramic glass view of the detailing area. The property features an established car wash operation for over 15 years. In the last three years, the owner upgraded the facilities to incorporate the Ceramic Pro brand, offering services tailored to high-end vehicles and sedans. All staff are trained and certified to handle luxury cars as well as everyday vehicles, and the owner is willing to provide training and support after the sale.
Located in the busy Biscayne Blvd corridor on a corner at US 1 and 107 St, the site is positioned for strong daily exposure with traffic of 65,000 vehicles or more. Year built is listed as 2023.
Access is by appointment only; please do not approach employees or staff as the sale is confidential.
Located in the busy Biscayne Blvd corridor on a corner at US 1 and 107 St, the site is positioned for strong daily exposure with traffic of 65,000 vehicles or more. Year built is listed as 2023.
Access is by appointment only; please do not approach employees or staff as the sale is confidential.
Key Highlights
- Turnkey car wash business with indoor seating and panoramic glass view of detailing
- Upgrades in the last three years to incorporate the Ceramic Pro brand
- Established car wash operation for over 15 years
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,869
Cap Rate
4.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$537,380
$537.4K
Cap Rate 7%
$383,843
$383.8K
Cap Rate 9%
$298,544
$298.5K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$40.3K $20.16/SF
− Vacancy
−$1.9K −$0.97/SF
EGI
$38.4K $19.19/SF
− OpEx
−$11.5K −$5.76/SF
NOI
$26.9K $13.43/SF
Area
Miami, FL
Vacancy
4.80%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$537,380
Cap Rate 7%
$383,843
Cap Rate 9%
$298,544
Alternative Uses
Best Use
Specialty Retail
$1.35M
$1.18M – $1.58M
NOI $94,501 @ 7.0% cap · market cap 14.54%
Second Best
Retail
$932.2K
$815.6K – $1.09M
NOI $65,251 @ 7.0% cap · market cap 10.04%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
65,000 VPD
Traffic count
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
822
Businesses Nearby
Explore this area
Business Placement
Demographics for 33161, FL
53,015
Population
18,912
Households
2.8
Avg Household Size
37
Median Age
21%
College-Educated
81%
High-School Grad
5.5 sq mi
ZIP Area
9,639
Density / Sq Mi
$55,265
Median Household Income
$34,311
Median Earnings
$1,494
Median Rent
$376,500
Median Home Value
Market
Vacancy Rate% for Retail in Miami, FL
Frequently Asked Questions
What type of property is this?
Car wash - Turnkey car wash business built in 2023 with indoor seating and a panoramic glass view of the detailing area.
Where is this car wash located?
The property is located at 10705 Biscayne Blvd Miami, FL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Turnkey car wash business with indoor seating and panoramic glass view of detailing; Upgrades in the last three years to incorporate the Ceramic Pro brand; Established car wash operation for over 15 years
