Full-Service Car Wash
For Sale
$999,000
1309 Berry Blvd., Louisville, KY 40215
Established automotive service business with on-site office, checkout, vending, and retail areas.
Property Size4,387 SF
Price / SF$227.72
Days on Market209
Property Features for 1309 Berry Blvd.
General Information
Standard status
Active
Size
4,387 SF
Property subtype
Retail
Zoning
C2
Additional Details
Business Included
Yes
Traffic Count
25,000 vehicles/day
Amenities
office space
checkout counter
Power
Water
Sewer
Natural Gas
Drive-Thru
Building Details
Year Built
1964
Abandoned
No
Listing Agency:
Gant Hill & Associates, LLC
Listed By:
Gant Hill · License #45425
(502) 515-4455
Source:
Kcrea.resimplifi
Added: Mar 20
Changed: Oct 4
Last Checked: Oct 14 at 7:37PM
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 Gant Hill & Associates, LLC
Investment Insights
Based on property information with market context.
This full-service car wash business includes the underlying real estate and operates from a 4,387-square-foot property built in 1964. The operation provides both exterior and interior vehicle cleaning, with existing management and staff in place. On-site improvements include an office, checkout counter, vending, and retail space. The property is zoned C2.
Located at the intersection of Berry Blvd and Taylor Blvd in Louisville, the site records an average daily traffic count of 25,000 cars. The operating business has served the location for decades and is being offered following the owner’s retirement. The real estate and established operating platform provide a combined automotive-service offering.
Located at the intersection of Berry Blvd and Taylor Blvd in Louisville, the site records an average daily traffic count of 25,000 cars. The operating business has served the location for decades and is being offered following the owner’s retirement. The real estate and established operating platform provide a combined automotive-service offering.
Key Highlights
- 4,387‑square‑foot car wash property built in 1964
- Full‑service operation providing exterior and interior vehicle cleaning
- Average daily traffic count of 25,000 cars
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,651
Cap Rate
6.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,233,020
$1.2M
Cap Rate 7%
$880,729
$880.7K
Cap Rate 9%
$685,011
$685.0K
Market Conditions
NOI Build-Up for 4,387 SF
Gross rent
$87.9K $20.04/SF
− Vacancy
−$5.7K −$1.30/SF
EGI
$82.2K $18.74/SF
− OpEx
−$20.6K −$4.68/SF
NOI
$61.7K $14.05/SF
Area
Louisville, KY
Vacancy
6.50%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,233,020
Cap Rate 7%
$880,729
Cap Rate 9%
$685,011
Alternative Uses
Best Use
Specialty Retail
$880.7K
$770.6K – $1.03M
NOI $61,651 @ 7.0% cap · market cap 6.17%
Second Best
Retail
$722.5K
$632.2K – $843.0K
NOI $50,578 @ 7.0% cap · market cap 5.06%
Theoretical Best
Office A
$1.14M
$995.0K – $1.33M
NOI $79,598 @ 7.0% cap · market cap 7.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
25,000 VPD
Traffic count
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
376
Businesses Nearby
55k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Shops & Services 17%
Home Improvements & Furnishings 16%
Groceries 12%
McDonald's
Dining
12,261 visits/mo
0.3 miles
Ace Hardware
Home Improvements & Furnishings
9,023 visits/mo
0.3 miles
Wendy's
Dining
8,330 visits/mo
0.2 miles
Dollar General Market
Groceries
6,730 visits/mo
0.1 miles
Rally's
Dining
5,098 visits/mo
0.1 miles
Demographics for 40215, KY
21,230
Population
9,070
Households
2.3
Avg Household Size
35
Median Age
13%
College-Educated
79%
High-School Grad
3.5 sq mi
ZIP Area
6,066
Density / Sq Mi
$42,762
Median Household Income
$32,815
Median Earnings
$976
Median Rent
$106,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Louisville, KY
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Car wash - Established automotive service business with on-site office, checkout, vending, and retail areas.
Where is this car wash located?
The property is located at 1309 Berry Blvd. Louisville, KY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 4,387‑square‑foot car wash property built in 1964; Full‑service operation providing exterior and interior vehicle cleaning; Average daily traffic count of 25,000 cars
