113 Valrico Rd Valrico, FL 33594-3629
- Car washes
- 6,880 SF
- 1.49 lot acres
Current Use by Public Records
- Car washes
Property Details for 113 Valrico Rd
- Year built
- 2003
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.49 lot acres
- Property size
- 6,880 SF
- Zone code
- PD
- Property type
- Car washes
- APN
- U302921ZZZ000004161205
- APU
- U302921ZZZ000004161205
Description
This exceptional investment opportunity presents a thriving, fully operational car wash and retail center in Valrico, Florida. Located on a 1.5-acre lot at 113 S Valrico Rd, 33594, this two-story property boasts 65,000 square feet, including a high-efficiency tunnel wash, five self-service bays, and 5,000 square feet of net rentable space. The property enjoys 100% occupancy, generating a strong NOI of $244,000 and a compelling 14.48% cap rate. Two leased retail spaces and an upstairs office contribute to the consistent monthly revenue stream, further enhanced by self-service vacuums and monthly subscriptions. Situated on a busy road with approximately 15,000 vehicles passing daily, the center benefits from high visibility and easy access, complemented by its proximity to major retailers like Publix, CVS, and Chase Bank. The property includes an additional 0.5 acres of vacant commercially-zoned land, presenting significant expansion potential for additional retail units, offices, or services such as a detail center or pet wash. The asking price is $1,685,000 ($25.92/sq ft), and conventional financing, SBA loans, and other options are available. The absentee owner is highly motivated to sell due to health reasons and is open to all offers. This turnkey operation, accepting both cash and credit card payments, offers a rare blend of immediate income and substantial growth potential.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $720,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $890,000
- 6.5%
- $940,000
- 7%
- $995,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $885,000
- Geo Method
- $990,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $965,000
- Retail
- $1,170,000
- Mixed-Use
- $1,105,000
- Hospitality
- $1,035,000
- Educational
- $845,000
- Residential Income
- $870,000
- Energy
- $1,090,000
- Income-Based Land
- $1,095,000
- Food Service
- $1,070,000
Location Insight
- Map
- Local Demand
- City
- Valrico
- County
- Hillsborough
- State
- Florida
- Longitude
- -82.252
- Latitude
- 27.9364
- CBSA code
- 45300
- CBSA name
- TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
