Turnkey Car Wash
For Sale
$450,000
10705 Biscayne Boulevard, Miami, FL 33161
Turnkey car wash on a corner with daily traffic of 65,000 vehicles or more and facilities upgraded within the past three years.
Property Size2,000 SF
Days on Market95
Property Features for 10705 Biscayne Boulevard
General Information
Standard status
Active
Size
2,000 SF
Property subtype
COMMERCIAL
Site & Location
Neighborhood
Bayfront
Traffic Count
65,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Amenities
indoor seating area
Building Details
Building Size
2,000 SF
Year Built
2023
Listing Agency:
Brickell Realty Group International
Listed By:
Pittel J Dominguez · License #3053917
(786) 512-4072
Source:
Silverleafrealtygroup
Added: Jul 27
Changed: Oct 26
Last Checked: Oct 28 at 1:49PM
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 facilities in operation for over 15 years. The property was upgraded in the last three years to incorporate the Ceramic Pro brand, supporting services for high-end vehicles and sedans. Customer experience includes indoor seating with a panoramic glass view of the detailing area. Staff are trained and certified to handle both luxury cars and everyday vehicles, and the owner is willing to provide training and support after the sale.
The business is located on the busy Biscayne Blvd corridor at the corner of US 1 and 107 St, with daily traffic of 65,000 vehicles or more.
Built in 2023, this is positioned as an easy-to-run operation, with an appointment-only showing for confidentiality.
The business is located on the busy Biscayne Blvd corridor at the corner of US 1 and 107 St, with daily traffic of 65,000 vehicles or more.
Built in 2023, this is positioned as an easy-to-run operation, with an appointment-only showing for confidentiality.
Key Highlights
- Corner location on US 1 and 107 St with daily traffic of 65,000 vehicles or more
- Facilities upgraded in the last three years to incorporate the Ceramic Pro brand
- Indoor seating with panoramic glass view of the detailing area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,869
Cap Rate
5.97%
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 21.00%
Second Best
Retail
$932.2K
$815.6K – $1.09M
NOI $65,251 @ 7.0% cap · market cap 14.50%
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
17,616
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 on a corner with daily traffic of 65,000 vehicles or more and facilities upgraded within the past three years.
Where is this car wash located?
The property is located at 10705 Biscayne Boulevard Miami, FL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Corner location on US 1 and 107 St with daily traffic of 65,000 vehicles or more; Facilities upgraded in the last three years to incorporate the Ceramic Pro brand; Indoor seating with panoramic glass view of the detailing area
