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Property profile & analytics
OFF-MARKET
Specialty properties

3631 Lorna Rd Hoover, AL 35216

1,260 SF 0.73 ac lot Built 2015
Property ID
Property summary
AI-generated overview

This exceptional 1,260 sq ft express car wash, built in 2015, is situated on a 0.73-acre lot in Hoover, Alabama (APN: 40-00-18-2-000-004.005, Jefferson County, zip code 35216). The property boasts a 95-foot MacNeil XR1000 conveyor tunnel equipped with HTK touch screen models. A 14-space AutoVac system provides ample vacuuming capacity, with potential for expansion to 17 spaces. A covered sitting area adds customer convenience. This thriving business benefits from its strategic location near the Riverchase Galleria, a major mixed-use development, and enjoys high visibility in a rapidly growing area, experiencing over 21,000 vehicles per day in 2022. The car wash is zoned C and offers a significant opportunity for continued success. The property's convenient location near numerous golf courses and the Moss Rock Preserve further enhances its appeal. This turnkey operation is managed by a single owner/manager with a team of five part-time attendants. This is a rare opportunity to acquire a well-established and profitable car wash business in a high-traffic area.

Property profile
Verified
Property type Specialty properties
Year built 2015
Total area 1,260 SF
Lot 0.73 ac (31,799 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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