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    Established Car Wash Near I-95 Title is generated by Realmo AI

    75 S Tymber Creek Rd, Ormond Beach, FL 32174

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    Car wash near upcoming Avalon Park Daytona development.

    Type:Retail
    Property size:
    2,480 SF
    Price / SF:
    $302/SF
    Added:
    Mar 14, 2022
    Days on Market:
    1559
    Last Refresh:
    May 19 at 8:36 pm

    Property Features for 75 S Tymber Creek Rd

    General Information

    Standard status
    Active
    Size
    2,480 SF
    Property subtype
    Retail

    Building Details

    Year Built
    2008

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    Listing Contact
    Beau Warren
    Beau Warren

    Listing agent Beau Warren License #SL3207370

    Listing office Realty Pros Commercial Division

    Listing date Mar 14, 2022

    Source Crexi

    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 Realty Pros Commercial Division

    HighLights

    • Established car wash with comprehensive facilities.
    • Prime investment opportunity in rapidly developing Volusia County, Florida.
    • Strategic location near I‑95 and the upcoming Avalon Park Daytona development (7,878 residential units).
    • Poised to serve both existing community and new residents/businesses from Avalon Park.
    • Solid reputation.
    • Ready for new ownership to maximize potential (business recently closed).

    Overview

    This established car wash is located in Volusia County, Florida, west of I-95. The property includes a tunnel express wash, a canopy for detailing and vacuum services, a customer lounge, and a large equipment room. The car wash is positioned near the upcoming Avalon Park Daytona development, which is planned to include 7,878 residential units and a commercial district. The property is suitable for an owner/operator. The business recently closed operations and is ready for new ownership.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $54.5k $21.96
    − Vacancy −$4.2k −$1.71
    EGI $50.2k $20.25
    − OpEx −$12.6k −$5.06
    NOI $37.7k $15.19
    2,480 SF · lease $21.96/SF/yr · vacancy 7.80% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $538.0K
    $470.8K – $627.7K (±1% cap)
    NOI $37,660 @ 7.0% cap · market cap 5.02%
    Second Best
    Retail
    $333.7K
    $292.0K – $389.3K (±1% cap)
    NOI $23,358 @ 7.0% cap · market cap 3.11%
    Theoretical Best
    Office A
    $731.2K
    $639.8K – $853.1K (±1% cap)
    NOI $51,187 @ 7.0% cap · market cap 6.82%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Platinum creek wash ... Car Wash

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Ormond Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.1271607
    Latitude
    29.2523973

    FAQs

    What type of property is this?
    Car wash - Car wash near upcoming Avalon Park Daytona development.
    Where is this car wash located?
    The property is located at 75 S Tymber Creek Rd Ormond Beach, FL.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: Established car wash with comprehensive facilities.; Prime investment opportunity in rapidly developing Volusia County, Florida.; Strategic location near I‑95 and the upcoming Avalon Park Daytona development (7,878 residential units).
    (386) 589-5754 Call to check price and availability
    More about this property
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