Established Car Wash Near
For Sale
Contact for pricing
75 S Tymber Creek Rd, Ormond Beach, FL 32174
Car wash near upcoming Avalon Park Daytona development.
Property Size2,480 SF
Price / SF$302.42
Days on Market1698
Property Features for 75 S Tymber Creek Rd
General Information
Standard status
Active
Size
2,480 SF
Property subtype
Retail
Zoning
B-8
Occupancy
100%
Lease Type
NN
Investment Type
Owner/User
Building Details
Year Built
2008
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Realty Pros Commercial Division
Listed By:
Beau Warren · License #SL3207370
(386) 589-5754
Source:
Crexi
Added: Mar 14, 2022
Changed: Oct 25
Last Checked: Nov 4 at 9:43AM
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 Realty Pros Commercial Division
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This established car wash is located in Volusia County, Florida, west of I-95. The property includes a tunnel express wash, a canopy for detailing and vacuum services, a customer lounge, and a large equipment room. The car wash is positioned near the upcoming Avalon Park Daytona development, which is planned to include 7,878 residential units and a commercial district. The property is suitable for an owner/operator. The business recently closed operations and is ready for new ownership.
Key Highlights
- Established car wash with comprehensive facilities.
- Prime investment opportunity in rapidly developing Volusia County, Florida.
- Strategic location near I‑95 and the upcoming Avalon Park Daytona development (7,878 residential units).
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,660
Cap Rate
5.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$753,200
$753.2K
Cap Rate 7%
$538,000
$538.0K
Cap Rate 9%
$418,444
$418.4K
Market Conditions
NOI Build-Up for 2,480 SF
Gross rent
$54.5K $21.96/SF
− Vacancy
−$4.2K −$1.71/SF
EGI
$50.2K $20.25/SF
− OpEx
−$12.6K −$5.06/SF
NOI
$37.7K $15.19/SF
Area
Volusia County, FL
Vacancy
7.80%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$753,200
Cap Rate 7%
$538,000
Cap Rate 9%
$418,444
Alternative Uses
Best Use
Specialty Retail
$538.0K
$470.8K – $627.7K
NOI $37,660 @ 7.0% cap · market cap 5.02%
Second Best
Retail
$333.7K
$292.0K – $389.3K
NOI $23,358 @ 7.0% cap · market cap 3.11%
Theoretical Best
Office A
$731.2K
$639.8K – $853.1K
NOI $51,187 @ 7.0% cap · market cap 6.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
202
Businesses Nearby
16k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
7-Eleven
Shops & Services
15,683 visits/mo
0.1 miles
Demographics for 32174, FL
53,097
Population
26,303
Households
2
Avg Household Size
55
Median Age
33%
College-Educated
93%
High-School Grad
125.4 sq mi
ZIP Area
423
Density / Sq Mi
$67,817
Median Household Income
$41,452
Median Earnings
$1,316
Median Rent
$315,100
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 South region
Frequently Asked Questions
What type of property is this?
Car wash - Car wash near upcoming Avalon Park Daytona development.
Where is this car wash located?
The property is located at 75 S Tymber Creek Rd Ormond Beach, FL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Established car wash with comprehensive facilities.; Prime investment opportunity in rapidly developing Volusia County, Florida.; Strategic location near I‑95 and the upcoming Avalon Park Daytona development (7,878 residential units).
