539 Denim Way Madison, MS 39110
Exceptional investment opportunity: This thriving 3,283 square foot car wash in Madison, Mississippi, is priced at $1,550,000. Built in 2015, this single-story, one-unit facility sits on a manicured corner lot in a high-growth area, boasting convenient access to I-55 and major thoroughfares. The property features a Macneil Tunnel Wash System with 13 covered vacuum stations and ample parking for expansion. Two Hamilton Transaction Kiosks with gates and three concrete pre-wash stations are also included. The car wash benefits from its strategic location near a multitude of businesses, including Parkway Quick Lube and Tire, Parkway Services and Accessories, and the Levis Manufacturing Plant, as well as numerous gas stations, restaurants, banks, and retail establishments. Significant nearby developments, such as a planned mega-dome sports complex and expansions of Amazon facilities, further enhance the property's long-term growth potential. The C-2 zoning ensures flexibility for future uses. This represents a rare opportunity to acquire a fee-simple express wash at a price point significantly below replacement cost in this rapidly developing area. The property's strong location and established business make it an attractive investment with considerable upside.
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
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