12131 Federal Pkwy Westminster, CO 80234-2883
- Car washes
- 5,160 SF
- 1.27 lot acres
Jun 16, 2020
Current Use by Public Records
- Car washes
Property Details for 12131 Federal Pkwy
- Year built
- 2007
- Lot size
- 1.27 lot acres
- Property size
- 5,160 SF
- Property type
- Car washes
- APN
- R0162787
- APU
- R0162787
Description
Exceptional investment opportunity: a thriving, full-service car wash in Westminster, Colorado. This single-story, 5,093 square foot facility boasts a 118-foot express tunnel wash, complemented by two detail bays and state-of-the-art PECO Car Wash Systems. Built in 2007 and renovated in 2021, the property benefits from consistent annual maintenance, ensuring optimal operational efficiency. Located at 12131 N Federal Pkwy, 80234, this owner-user opportunity is strategically positioned within a densely populated area, serving approximately 43,843 households within a three-mile radius. The surrounding area includes a mix of single-family homes, multi-family dwellings, and commercial developments, providing a robust customer base. The property offers a compelling 9.62% cap rate and is priced at $3,200,000 ($628.31/sq ft). This represents a rare chance to acquire a well-established, high-performing car wash with significant growth potential. The property is zoned 1.27 and includes one building. This is a turnkey operation ready for immediate income generation.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,620,000
- ML approach
- $2,700,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,218,000
Market price range: $1.04M - $3.22M
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Location Insight
- Map
- Local Demand
- City
- Westminster
- County
- Adams
- State
- Colorado
- Longitude
- -105.021
- Latitude
- 39.9171
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
