Established Car Wash on Corner
For Sale
$1,700,000
624 N Ventura Ave, Ventura, CA 93001
Operating car wash business on a spacious corner lot.
Property Size15,000 SF
Price / SF$113.33
Days on Market321
Property Features for 624 N Ventura Ave
General Information
Standard status
Active
Size
15,000 SF
Property subtype
Business Opportunity
Building Details
Year Built
1973
Listing Agency:
One Source Real Estate
Listed By:
Robert Gonzales · License #01361907
(805) 217-6550
Source:
Myfabuloushome
Added: Nov 28, 2025
Changed: Oct 13
Last Checked: Oct 7 at 3:10PM
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 One Source Real Estate
Investment Insights
Based on property information with market context.
This property features a well-established, operating car wash business situated on a spacious corner lot. The lot size is approximately 15,000 square feet and is located on a busy thoroughfare in Ventura, California. The turnkey car wash business is available for purchase. The ample lot size also presents a rare opportunity for a developer, contractor, or non-profit organization to design and build multi-unit, commercial, or apartment structures.
Key Highlights
- Rare, spacious corner lot (approx. 15,000 sqft) in Ventura, CA.
- Located on a high‑traffic thoroughfare.
- Includes an established, operating car wash business (turnkey).
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$152,893
Cap Rate
8.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,057,860
$3.1M
Cap Rate 7%
$2,184,186
$2.2M
Cap Rate 9%
$1,698,811
$1.7M
Market Conditions
NOI Build-Up for 15,000 SF
Gross rent
$230.4K $15.36/SF
− Vacancy
−$12.0K −$0.80/SF
EGI
$218.4K $14.56/SF
− OpEx
−$65.5K −$4.37/SF
NOI
$152.9K $10.19/SF
Area
Ventura County, CA
Vacancy
5.20%
Lease Rate
$15.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,057,860
Cap Rate 7%
$2,184,186
Cap Rate 9%
$1,698,811
Alternative Uses
Best Use
Retail
$3.43M
$3.00M – $4.00M
NOI $240,156 @ 7.0% cap · market cap 14.13%
Second Best
Specialty Retail
$2.76M
$2.41M – $3.22M
NOI $192,983 @ 7.0% cap · market cap 11.35%
Theoretical Best
Office A
$5.15M
$4.51M – $6.01M
NOI $360,461 @ 7.0% cap · market cap 21.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,054
Businesses Nearby
Explore this area
Business Placement
Demographics for 93001, CA
33,859
Population
14,705
Households
2.3
Avg Household Size
40
Median Age
38%
College-Educated
88%
High-School Grad
96.6 sq mi
ZIP Area
351
Density / Sq Mi
$86,310
Median Household Income
$45,023
Median Earnings
$1,881
Median Rent
$760,700
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 West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Car wash - Operating car wash business on a spacious corner lot.
Where is this car wash located?
The property is located at 624 N Ventura Ave Ventura, CA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Rare, **spacious corner lot (approx. 15,000 sqft)** in Ventura, CA.; Located on a high‑traffic thoroughfare.; Includes an **established, operating car wash business (turnkey)**.
