6502 Ridge Rd Rosedale, MD 21237
This exceptional investment opportunity presents a well-established express car wash in Rosedale, Maryland. Located on a 1.816-acre lot at 6502 Ridge Rd, this property boasts 11,288 square feet of improvements across two buildings and two stories, renovated in 2019. The car wash itself comprises 3,400 square feet, featuring three point-of-sale stations, two point-of-sale lanes, a 100-foot tunnel, and a 120-foot conveyor. It also includes 18 Autovac vacuum drop stations. Benefiting from high daily traffic counts exceeding 74,000 vehicles on nearby Philadelphia Road and Rossville Boulevard, this location enjoys a densely populated area with a community college within two miles. The property's strong financial performance is evidenced by over $1 million in gross sales, demonstrating consistent annual increases of 15%. The zoning is BL-AS. This owner-user opportunity offers significant potential for continued growth and profitability. The property includes tax parcel numbers Map 90, Grid 1, Parcels 358, 513, 512, 355, 356. Further details are available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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