Downtown Car Wash
900 Adams Avenue Montgomery, AL 36104
900 Adams Avenue, Montgomery, AL, 36104
$225,000
For Sale
$225,000
Highly visible corner-lot commercial property in the heart of downtown.
Property Size1,296 SF
Lot Size0.99 Acres
Price / SF$173.61
Days on Market120
Property Features for 900 Adams Avenue
General Information
- Standard status
- Active
- Size
- 1,296 SF
- Lot size
- 0.99 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1948
Listing Agency
KW Montgomery
(334) 277-8920
Listed by
David Brown · License #0124318
(334) 277-8920
Source
Exitrealty
Added: Mar 19 Checked: Jul 16 at 2:58 am
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 KW Montgomery
Investment Insights
Based on property information with market context.
This commercial property is situated on a corner lot in the heart of downtown and is currently operating as a car wash. The property, which is just under one acre, offers space for operations, expansion, or additional improvements. The building features two oversized garage doors suitable for equipment storage, service access, or multiple-use functionality. The interior includes a main area with an office, seating space, two half bathrooms, and a laundry area with washer and dryer connections. A kitchenette area provides a setup for a break room. The property offers potential for continued business or future redevelopment.
Key Highlights
- Highly visible corner‑lot commercial property in the heart of downtown.
- Currently operating as a successful car wash.
- Just under one acre of land, providing ample space.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.8k | $16.80 |
| − Vacancy | −$1.2k | −$0.94 |
| EGI | $20.6k | $15.86 |
| − OpEx | −$5.1k | −$3.96 |
| NOI | $15.4k | $11.89 |
1,296 SF · lease $16.80/SF/yr · vacancy 5.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$220.2K
$192.7K – $256.9K
NOI $15,415 @ 7.0% cap · market cap 6.85%
Second Best
Industrial
$214.5K
$187.7K – $250.3K
NOI $15,016 @ 7.0% cap · market cap 6.67%
Theoretical Best
Office A
$268.7K
$235.2K – $313.5K
NOI $18,812 @ 7.0% cap · market cap 8.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Hands on Car Wash ...
Car Wash
Similar For Sale Nearby
FAQs
What type of property is this?
Car wash - Highly visible corner-lot commercial property in the heart of downtown.
Where is this car wash located?
The property is located at 900 Adams Avenue Montgomery, AL.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Highly visible corner‑lot commercial property in the heart of downtown.; Currently operating as a successful car wash.; Just under one acre of land, providing ample space.
