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    3 Warnock Springs Rd Magnolia, AR 71753

    Sponsored
    For Sale
    $775,000

    Three Car Washes, High-Growth Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional investment opportunity encompasses three separate car wash locations in Magnolia, Arkansas, presenting a unique triple-net lease arrangement. The main property, situated at 3 Warnock Springs Rd, is complemented by two additional locations: Typhoon Wash at 555 E Main and King Kleen at 413 W Main (improvement only). Each location boasts upgraded pay stations equipped for credit card payments, bill changers, and updated vacuum stations, ensuring efficient operations and customer convenience. The monthly land lease for each location is $338. A significant amount of extra equipment will be included in the sale. Financial records will be made available to pre-qualified buyers. The asking price for this turnkey investment is $775,000. The square footage of the buildings is not currently specified. This presents a strong potential for growth and return on investment in a thriving market. The seller is motivated and ready to facilitate a smooth transaction. This is an excellent opportunity for an investor seeking a diversified portfolio with established income streams.

    Property Features for 3 Warnock Springs Rd

    General Information

    Property type
    Office Properties & Spaces
    Property Profile Location Intelligence

    Current Use by Public Records

    Typhoon Car Wash Car Wash

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Nail Salon Building Supply Clothing Store Auto Repair Shop Pharmacy Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Magnolia
    County
    05027
    State
    Arkansas
    Longitude
    -93.2129549
    Latitude
    33.278658

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    FAQs

    What type of property is this?
    Office Property / Space - Three Car Washes, High-Growth Potential
    Where is this office property / space located?
    The property is located at 3 Warnock Springs Rd Magnolia, AR.
    What is the asking price?
    The asking price for this property is $775,000.
    Request Owner's contact information
    3 Warnock Springs Rd Magnolia, AR 71753
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    Magnolia, AR 71753
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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
    3 Warnock Springs Rd Magnolia, AR 71753
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