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    Holly Hill Car Wash For Sale Title is generated by Realmo AI

    1451 N Nova Road, Holly Hill, FL 32117

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    Pending
    $800,000

    COMMERCIAL - Holly Hill, FL

    Property size:
    440 SF
    Lot size:
    0.47 Acres
    Added:
    Nov 11, 2025
    Days on Market:
    184
    Last Refresh:
    May 14 at 4:06 pm

    Property Features for 1451 N Nova Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Rooms
    Bathroom 1
    Parking features
    Parking Lot
    Fencing
    Chain Link
    Standard status
    Pending
    APN
    5237-19-01-0050
    Size
    440 SF
    Lot size
    0.47 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LOT 5 EXC W 119.02 FT ON N/L & W 53.33 FT ON S/L BLK 1 BERKLEY HOMES HOLLY HILL MB 9 PG 135 PER OR 4305 PG 0102 PER OR 5604 PG 2341 PER OR 6846 PG 4695 PER OR 6846 PG 4696 PER OR 7191 PG 4972 PER OR 7642 PG 2261
    Tax Annual Amount
    5406

    Utilities

    Sewer type
    Private Sewer
    Water source
    Public

    Building Details

    Year built
    2007
    Number of units
    1
    Flooring type
    Concrete
    Building materials
    Block, Concrete

    We can help!

    Listing Contact
    Dan Lyonnais

    Listing agent Dan Lyonnais

    Listing office Adams, Cameron & Co., Realtors 600 S Atlantic Ave, Daytona Beach, FL

    Listing date Nov 11, 2025

    MLS# 1219865

    Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • High‑Traffic Location: Situated in a very high traffic area with an AADT of 30,500 daily.
    • Multiple Wash Bays: Features 1 Automatic Bay and 3 Self Wash Bays.
    • Upgrades: Bank Owned with many upgrades over the years.
    • Modern Features: Includes LED Lighting and a Digital Sign.
    • Durable Construction: Built with Block and Concrete construction materials.
    • Parking: Includes a Parking Lot.

    Overview

    This property features a self-service car wash with one automatic bay and three self-wash bays. The car wash has had many upgrades over the years and includes LED lighting and a digital sign. Located in a high-traffic area with an AADT of 30,500 daily, the property offers a great opportunity for a new operator. The property size is 440 square feet, situated on a 0.47-acre lot. Note that the car wash will need some work, including vacuums and miscellaneous parts. Extra inventory is also available. The property is located in Holly Hill, Florida.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Holly Hill
    County
    Volusia
    State
    Florida
    Longitude
    -81.0584
    Latitude
    29.2334

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    FAQs

    What type of property is this?
    Car wash - Self-service car wash with high traffic location in Holly Hill.
    Where is this car wash located?
    The property is located at 1451 N Nova Road Holly Hill, FL.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: High‑Traffic Location: Situated in a very high traffic area with an AADT of 30,500 daily.; Multiple Wash Bays: Features 1 Automatic Bay and 3 Self Wash Bays.; Upgrades: Bank Owned with many upgrades over the years.
    (386) 852-7932
    We can help!
    Listing Contact
    Dan Lyonnais
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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