3105 Us-98 Santa Rosa Beach, FL 32459
This exceptional, newly constructed (2022) car wash is situated on a ±1-acre parcel in the thriving Santa Rosa Beach, Florida market. Boasting a prime location at 3105 US-98, adjacent to United Bank at CR 393 and Highway 98, this facility benefits from an impressive Annual Average Daily Traffic (AADT) of approximately 40,500 vehicles. The ±200-foot frontage along Highway 98 ensures high visibility and accessibility. The modern, concrete building features an architecturally appealing design and incorporates cutting-edge technology, including a state-of-the-art car wash tunnel and 18 vacuum systems, maximizing efficiency and output to meet significant market demand. The property's exceptional ingress and egress further enhance its operational capabilities. This single-unit facility is offered at $4,750,000. The strategic location benefits from the synergy of surrounding new developments, including soon-to-open national retailers that will attract even more traffic to this already high-demand location. This represents a unique opportunity to acquire a high-performing asset in a rapidly growing area. 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
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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