0 Hamilton County Cincinnati, OH 45201
This exceptional investment opportunity presents a portfolio of three established, well-maintained car washes in prime Cincinnati, Ohio locations. Each 6-bay facility (5 self-serve, 1 automated) boasts high-value corner lots with pylon signage, ensuring excellent visibility and accessibility. The portfolio totals approximately 8,112 square feet across three parcels ranging from 0.35 to 0.46 acres. Built in 1986 and 1995, these car washes generate a combined NOI of $207,474.93, representing a strong 10.64% cap rate. Current gross sales are approximately $400,000, with significant upside potential due to pricing below market rates. The sale includes all fixtures, equipment, and inventory. This is an ideal opportunity for 1031 exchange or cash buyers seeking a high-yield, passive investment with immediate returns and substantial growth potential. The properties are easily accessible from dense neighborhoods and major thoroughfares, ensuring consistent customer traffic. The significant value in the real estate itself further enhances this compelling investment proposition.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.