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    7723 University City Blvd Charlotte, NC 28213

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    For Sale
    $2,300,000

    Car wash and lube shop in a densely populated area.

    Property size:
    5,337 SF
    Lot size:
    1.10 Acres

    Property Features for 7723 University City Blvd

    General Information

    Size
    5,337 SF
    Lot size
    1.10 Acres

    Source: Rogers Real Estate Agent Roger D. Baldwin

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    High-Volume Car Wash and Lube

    The property features a high-volume lube shop and automated express car wash situated in a densely populated area experiencing significant growth near the University area. The sale price encompasses the real estate, business, and FF&E (furniture, fixtures, and equipment). The 1.13-acre site includes a 6,613 square foot building, with 5,211 square feet designated as finished area. Recent remodeling includes a new conveyor belt, hoses, and brushes. The car wash has undergone over $140,000 in improvements. PECO equipment and DRB Tunnel Watch XTB Water Treatment systems are in place. The location benefits from a daily traffic count of 31,500. The property is currently owner-operated and not leased.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pro Shine Car ... Car Wash Havoline Xpress Lube Oil Change Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.753255
    Latitude
    35.2925001

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    FAQs

    What type of property is this?
    Car wash - Car wash and lube shop in a densely populated area.
    Where is this car wash located?
    The property is located at 7723 University City Blvd Charlotte, NC.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: - High-volume lube shop and automated express car wash in a densely populated area.; - Sale price includes real estate, business and FF&E.; - Prime location within exploding University area growth.
    (803) 517-1533
    Request Owner's contact information
    7723 University City Blvd Charlotte, NC 28213
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    Charlotte, NC 28213
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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
    7723 University City Blvd Charlotte, NC 28213
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