1125 Fountains Way, Cedar Falls, IA 50613
This exceptional car wash business, located at 1125 Fountains Way, Cedar Falls, IA 50613, presents a unique owner-user opportunity. Built in 2023, this modern facility sits on approximately 1.32 acres and boasts a state-of-the-art 85-foot Peco's tunnel system, three self-service bays (including one oversized bay), express detailing services, and ten vacuums. Its versatile offerings cater to a diverse clientele, and its proximity to the University of Northern Iowa (within 1.5 miles) provides a substantial and growing customer base. The business has demonstrated strong growth since its launch, fueled by a rapidly expanding membership. The property benefits from a high average household income within a one-mile radius ($113,000) and is eligible for bonus depreciation, offering potential tax advantages. This turnkey operation features contemporary facilities and cutting-edge infrastructure, built to current industry standards, and offers ample space for future expansion. The asking price is $5,280,000. This is a rare opportunity to acquire a thriving business, building, and land in a desirable location. Serious inquiries only.
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.