Current Use by Public Records
- Specialty properties
Property Details for 4088 Federal Blvd
- Year built
- 2000
- Lot size
- 0.39 lot acres
- Property type
- Specialty properties
- Property subtype
- Car washes
Description
Exceptional investment opportunity: This fully operational, self-service car wash in Englewood, Colorado is offered at $950,000. Located on a 0.387-acre lot at 4088 S Federal Blvd, this 16,678 square foot property boasts a 100% occupancy rate and a strong 12% cap rate. Built in 2000 and extensively renovated in 2021, the facility features three standard car wash bays (wand and brush), one oversized bay for trucks and vehicles, and a state-of-the-art touch-free in-bay automatic bay with a new Laserwash 360 system and autocashier unit. The 1,820 square feet of net rentable space is complemented by a comprehensive upgrade of capital equipment in 2021, including high-efficiency boilers, a new automatic system, a low-pressure foam system, and a high-pressure pumping station. Benefitting from high traffic counts and excellent visibility, this car wash is situated in a designated Colorado Opportunity Zone, presenting significant tax advantages for qualified investors. The property's strong performance and prime location make it an attractive investment prospect with substantial potential for future growth. Financial disclosures are required.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sheridan
- County
- Arapahoe
- State
- Colorado
- Longitude
- -105.025
- Latitude
- 39.6428
