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    910 Washington St Suffolk, VA 23434

    For Sale
    $795,000

    Established Car Wash, High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents a fully operational and profitable car wash located at 910 W Washington St, Suffolk, Virginia, 23434. The 0.53-acre property includes all land, improvements, and equipment, making this a turnkey acquisition. The car wash boasts a convenient combination of fully automatic and self-service options, catering to a wide range of customer needs and preferences. Five self-service bays provide ample capacity for customers seeking a hands-on experience, while the fully automatic system offers a quick and efficient wash for those on the go. Seven vacuum stations are strategically placed to ensure customers can thoroughly clean their vehicles after washing. A large pylon sign ensures high visibility and attracts customers from the surrounding area. The asking price of $795,000 encompasses the land, building, and all car wash equipment, presenting a comprehensive and attractive investment package. This established business is situated in a high-traffic location, promising continued success and strong returns for the discerning investor. The property's prime location and comprehensive features make it an ideal acquisition for those seeking a profitable and established business in the thriving Suffolk market. This is a rare opportunity to acquire a well-maintained and profitable car wash business with significant growth potential.

    Property Features for 910 Washington St

    General Information

    Property type
    Automotive properties
    Lot Size
    23,087 SF

    HighLights

    • Asking price: $795,000.
    • Special purpose property: Car wash.
    • 0.53‑acre lot.
    • Broker co‑op available.
    • Features five self‑service bays and seven vacuum stations.
    • Includes land, improvements, and equipment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Solar Wash Self Service Car Wash

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Suffolk
    County
    Suffolk
    State
    Virginia
    Longitude
    -76.598318
    Latitude
    36.731116

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    FAQs

    What type of property is this?
    Automotive property - Established Car Wash, High Traffic Area
    Where is this automotive property located?
    The property is located at 910 Washington St Suffolk, VA.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: Asking price: $795,000.; Special purpose property: Car wash.; 0.53-acre lot.
    Request Owner's contact information
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    Suffolk, VA 23434
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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
    910 Washington St Suffolk, VA 23434
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