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Property profile & analytics
OFF-MARKET
Specialty properties

4233 La-1 Port Allen, LA 70767

0.5 ac lot Built 2017
Property ID
Property summary
AI-generated overview

Exceptional investment opportunity: acquire two established, technologically advanced, automatic drive-thru car washes in Port Allen, Louisiana. This portfolio includes two facilities, built in 2017, situated on a combined 0.5 acres. One location is on a ground lease expiring February 28, 2033, while the other sits on land owned by the seller. Both car washes are designed to accommodate a wide range of vehicles, including lifted trucks and those with dual rear wheels. Integrated technology streamlines operations, and a pre-existing maintenance contract ensures ongoing efficiency. Environmental compliance is guaranteed through DEQ monitoring at both sites. The portfolio boasts a strong NOI of $229,756, resulting in an attractive 15.32% cap rate, and an asking price of $1,500,000 ($750,000 per unit). This turnkey operation presents a compelling opportunity for investors seeking a stable, high-return investment in the thriving Louisiana market. The portfolio's established operational and environmental safeguards minimize risk and maximize potential for future growth.

Property profile
Verified
Property type Specialty properties
Year built 2017
Lot 0.5 ac (21,780 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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