Recently Constructed Car Wash
For Sale
$1,270,000
Pending
9820 SE US HIGHWAY 441, Belleview, FL 34420
Modern express car wash on nearly four acres.
Property Size5,245 SF
Lot Size4.00 Acres
Days on Market143
Property Features for 9820 SE US HIGHWAY 441
General Information
Standard status
Pending
Size
5,245 SF
Lot size
4.00 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$17,577
Building Details
Building Size
5,245 SF
Year Built
2023
Listing Agency:
COMPASS FLORIDA LLC
Listed By:
Drew Belani · License #3235743
(407) 203-9441
Source:
Elliman
Added: May 18
Changed: Oct 2
Last Checked: Oct 7 at 12:46PM
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 COMPASS FLORIDA LLC
Investment Insights
Based on property information with market context.
This offering presents an opportunity to acquire a recently constructed express car wash business, including the real estate. Constructed in 2023, the property features a modern express car wash format, including a 140-foot conveyor tunnel, three auto-pay stations, and multiple vacuum stations. The improvements total approximately 5,245 square feet of rentable building area and are situated on nearly four acres with frontage along Highway 441. Located in Belleview, Marion County, Florida, within the Ocala Metropolitan Area, the property benefits from its location 10 miles south of downtown Ocala and 10 miles north of The Villages. The Ocala Metro Area has been ranked as the fastest-growing metro area in the United States. This opportunity provides car wash operators and investors with flexibility to continue the existing operation or pursue a rebranding strategy. The property is being offered for sale pursuant to a Chapter 11 bankruptcy sale. Any purchase offer is subject to approval by the United States Bankruptcy Court and will be conducted in accordance with Chapter 11 of the U.S. Bankruptcy Code.
Key Highlights
- Recently constructed (2023) express car wash business with real estate included.
- Located in the fastest‑growing metro area in the U.S. (Ocala Metro Area).
- Modern car wash format with a 140‑foot conveyor tunnel, three auto‑pay stations, and multiple vacuum stations.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,545
Cap Rate
5.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,270,900
$1.3M
Cap Rate 7%
$907,786
$907.8K
Cap Rate 9%
$706,056
$706.1K
Market Conditions
NOI Build-Up for 5,245 SF
Gross rent
$89.4K $17.04/SF
− Vacancy
−$4.6K −$0.89/SF
EGI
$84.7K $16.15/SF
− OpEx
−$21.2K −$4.04/SF
NOI
$63.5K $12.12/SF
Area
Marion County, FL
Vacancy
5.20%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,270,900
Cap Rate 7%
$907,786
Cap Rate 9%
$706,056
Alternative Uses
Best Use
Retail
$1.88M
$1.65M – $2.20M
NOI $131,919 @ 7.0% cap · market cap 10.39%
Second Best
Specialty Retail
$907.8K
$794.3K – $1.06M
NOI $63,545 @ 7.0% cap · market cap 5.00%
Theoretical Best
Office A
$2.86M
$2.51M – $3.34M
NOI $200,492 @ 7.0% cap · market cap 15.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
240
Businesses Nearby
Explore this area
Business Placement
Demographics for 34420, FL
17,969
Population
8,555
Households
2.1
Avg Household Size
45
Median Age
14%
College-Educated
91%
High-School Grad
24.1 sq mi
ZIP Area
746
Density / Sq Mi
$52,551
Median Household Income
$34,599
Median Earnings
$909
Median Rent
$192,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Car wash - Modern express car wash on nearly four acres.
Where is this car wash located?
The property is located at 9820 SE US HIGHWAY 441 Belleview, FL.
What is the asking price?
The asking price for this property is $1,270,000.
What are key features of this property?
This property features: Recently constructed (2023) express car wash business with real estate included.; Located in the fastest‑growing metro area in the U.S. (Ocala Metro Area).; Modern car wash format with a **140‑foot conveyor tunnel**, three auto‑pay stations, and multiple vacuum stations.
