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Warehouse and Carwash Opportunity

91 Corban Avenue SW Concord, NC 28025

91 Corban Avenue SW, Concord, NC, 28025

$900,000

For Sale

$900,000

Warehouse and carwash near Downtown Concord with income potential.

Property Size3,462 SF

Lot Size1.25 Acres

Price / SF$259.97

AddedApr 3

Days on Market105

Last RefreshJul 15 at 12:54 pm

Property Features for 91 Corban Avenue SW

General Information

Standard status: Active
Size: 3,462 SF
Lot size: 1.25 Acres
Property subtype: Commercial

Building Details

Year Built: 1983

Listing office BRITT COMMERCIAL REAL ESTATE, LLC

Listing date Apr 3, 2026

Source Corcoran

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 BRITT COMMERCIAL REAL ESTATE, LLC

Investment Insights

Based on property information with market context.

This property presents a rare opportunity to acquire both a warehouse and a carwash on 1.25 acres, situated just three blocks from the growing Downtown Concord area. The property features a fully operational 4-stall self-serve car wash alongside a 3,462 square foot industrial warehouse. The warehouse is currently occupied by a long-term tenant of over 10 years, operating under a month-to-month agreement. The carwash is operating at its lowest potential, with opportunities for a new owner to increase revenue through updates such as adding card readers and adjusting prices. Given the cashflow, size, and location, this property can also be a strong covered commercial land play in one of the Charlotte MSA's most active growth markets. The property is suitable for self-service car washes, car washes, automotive properties, retail spaces, warehouses, and industrial purposes.

Key Highlights

Prime location just three blocks from growing Downtown Concord.
Includes a fully operational 4‑stall self‑serve car wash and a 3,462 SF industrial warehouse.
Significant revenue increase potential with minimal capital investment in the car wash.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$93.5k	$27.00
− Vacancy	−$5.4k	−$1.57
EGI	$88.1k	$25.43
− OpEx	−$22.0k	−$6.36
NOI	$66.0k	$19.08

3,462 SF · lease $27.00/SF/yr · vacancy 5.80% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$943.4K

$825.5K – $1.10M (±1% cap)

NOI $66,039 @ 7.0% cap · market cap 7.34%

Second Best

Retail

$757.5K

$662.8K – $883.7K (±1% cap)

NOI $53,022 @ 7.0% cap · market cap 5.89%

Theoretical Best

—

same as Best Use

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Pop's Car Wash Car Wash

Suggested Use

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For sale
Self service car washes
NC
Concord
28025
91 Corban Avenue SW

What type of property is this?

Self service car wash - Warehouse and carwash near Downtown Concord with income potential.

Where is this self service car wash located?

The property is located at 91 Corban Avenue SW Concord, NC.

What is the asking price?

The asking price for this property is $900,000.

What are key features of this property?

This property features: Prime location just three blocks from growing Downtown Concord.; Includes a fully operational 4‑stall self‑serve car wash and a **3,462 SF industrial warehouse**.; Significant revenue increase potential with minimal capital investment in the car wash.