6011 St Joe Rd Fort Wayne, IN 46835
This exceptional value-add opportunity presents a thriving, multi-tenant car wash and oil change business situated on a substantial 1.4-acre lot in Fort Wayne, Indiana. The property, located at 6011 St. Joe Rd, boasts a spacious 10,734 square foot building constructed in 1989, featuring a single story and convenient access via three curb cuts (one on St. Joe Road and two on Shoaff Park River Drive). The car wash operation includes six vacuums and a prominent pylon sign for excellent visibility. The property also encompasses a three-bay auto repair and oil change facility, adding to its income potential. The strategic location on St. Joe Road ensures high traffic exposure, with over 14,000 vehicles passing daily. The property is zoned C2, Limited Commercial, offering flexibility for future expansion or development. This turnkey operation is currently operating, and seller financing may be available. The property's size and existing infrastructure present a compelling investment opportunity for those seeking a profitable, established business with significant upside potential. The Allen County location and convenient access points make this a highly desirable commercial property. This is a rare opportunity to acquire a well-established car wash and oil change business with significant growth potential.
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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.
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.