2966 St Stephens Rd Prichard, AL 36612
This exceptional investment opportunity presents a thriving, Class A car wash business in Prichard, Alabama. The property, a bank-owned foreclosure, boasts a fee-simple ownership and encompasses 4,168 square feet on a 1.03-acre lot. Built and renovated in 2022, the two-building, single-story complex is zoned B-1 General Business, ensuring operational flexibility. Strategically located at the southeast corner of St. Stephens Road and S. Atmore Avenue, this high-visibility site benefits from heavy traffic counts and proximity to major roadways, including Interstate 65. The surrounding area features a robust mix of commercial establishments, including fast-food restaurants (McDonald's, Hardee's, Popeyes), a used car dealership, and a Valero gas station, ensuring a consistent flow of potential customers. A key advantage is the lack of direct express car wash competition within a three-mile radius, with only older self-service facilities nearby. The property's well-maintained landscaping further enhances its appeal. This turnkey operation offers a rare chance to acquire a profitable business in a thriving commercial corridor, just 3.8 miles northwest of downtown Mobile and 6.4 miles southwest of the University of Mobile. The asking price is $1,800,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.