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    3105 Us-98 Santa Rosa Beach, FL 32459

    Sponsored
    For Sale
    $4,750,000

    High-Volume Car Wash, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional, newly constructed (2022) car wash is situated on a ±1-acre parcel in the thriving Santa Rosa Beach, Florida market. Boasting a prime location at 3105 US-98, adjacent to United Bank at CR 393 and Highway 98, this facility benefits from an impressive Annual Average Daily Traffic (AADT) of approximately 40,500 vehicles. The ±200-foot frontage along Highway 98 ensures high visibility and accessibility. The modern, concrete building features an architecturally appealing design and incorporates cutting-edge technology, including a state-of-the-art car wash tunnel and 18 vacuum systems, maximizing efficiency and output to meet significant market demand. The property's exceptional ingress and egress further enhance its operational capabilities. This single-unit facility is offered at $4,750,000. The strategic location benefits from the synergy of surrounding new developments, including soon-to-open national retailers that will attract even more traffic to this already high-demand location. This represents a unique opportunity to acquire a high-performing asset in a rapidly growing area. Further details are available upon request.

    Property Features for 3105 Us-98

    General Information

    Property type
    Automotive properties

    Building Details

    Year Built
    2022
    Buildings
    1
    Units
    1

    HighLights

    • Newly constructed (2022) car wash on ±1‑acre lot in Santa Rosa Beach, FL.
    • Prime location on US‑98, near CR 393, with ±200' of highway frontage and 40,500 AADT.
    • State‑of‑the‑art car wash with 18 vacuum systems.
    • Offered at $4,750,000.
    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

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Santa Rosa Beach
    County
    Walton
    State
    Florida
    Longitude
    -86.230061694738
    Latitude
    30.373903235504

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    FAQs

    What type of property is this?
    Automotive property - High-Volume Car Wash, Prime Location
    Where is this automotive property located?
    The property is located at 3105 Us-98 Santa Rosa Beach, FL.
    What is the asking price?
    The asking price for this property is $4,750,000.
    What are key features of this property?
    This property features: Newly constructed (2022) car wash on ±1-acre lot in Santa Rosa Beach, FL.; Prime location on US-98, near CR 393, with ±200' of highway frontage and 40,500 AADT.; State-of-the-art car wash with 18 vacuum systems.
    Request Owner's contact information
    3105 Us-98 Santa Rosa Beach, FL 32459
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    Santa Rosa Beach, FL 32459
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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
    3105 Us-98 Santa Rosa Beach, FL 32459
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