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    1045 New Richmond Ohio New Richmond, OH 45157

    Sponsored
    For Sale
    $425,000

    Established car wash, prime location.

    Property size:
    2,306 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a well-established car wash in New Richmond, Ohio. The property boasts a 2,306 square foot brick building constructed in 2002 and renovated in 2023, situated on a 0.49-acre lot with 325 feet of high-visibility road frontage. The car wash features four spacious bays, each measuring 26 feet deep and 12 feet wide with a 10-foot ceiling height. All utilities are readily available, including public water and sewer. The property is zoned for car wash use but offers versatile potential for repurposing into retail, a drive-thru establishment, or a fast-food location. The asking price is $425,000, representing a price per square foot of $184.30 and a price per unit of $93,750. The property is owned by an LLC and includes all equipment. This turnkey operation presents a compelling opportunity for a savvy investor seeking a profitable venture in a desirable location. The address is 1045 Old US Rte 52, New Richmond, Ohio, 45157, with the APN 260922.876. The property's size and location make it an ideal candidate for a variety of commercial uses.

    Property Features for 1045 New Richmond Ohio

    General Information

    Property type
    Automotive properties
    Square Feet
    2,306 SF

    Building Details

    Year Built/Renovated
    2002/2023
    Buildings
    1
    Stories
    1
    Units
    4
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Kitchen & Bath Garden Center Electrical Service Home Appliance Store

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

    Location Insight

    • Map
    • Local Demand
    City
    New Richmond
    County
    Clermont
    State
    Ohio
    Longitude
    -84.3008992
    Latitude
    39.0079265

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Automotive property - Established car wash, prime location.
    Where is this automotive property located?
    The property is located at 1045 New Richmond Ohio New Richmond, OH.
    What is the asking price?
    The asking price for this property is $425,000.
    Request Owner's contact information
    1045 New Richmond Ohio New Richmond, OH 45157
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    New Richmond, OH 45157
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    1045 New Richmond Ohio New Richmond, OH 45157
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