Property profile

10215 Watson Rd St St. Louis, MO 63127

OFF-MARKET
Specialty properties
5,001 SF 0.41 ac lot
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Property summary

AI-generated overview

This exceptional 5,001 square foot car wash, situated on a 0.41-acre lot (APN: 25M-2-3-223-1), presents a unique owner-user opportunity in a high-traffic area of St. Louis, MO. Originally constructed in 1989, the property underwent extensive renovations in 2018, resulting in a modern and efficient facility. Its strategic location along Old Route 66, a major commercial corridor boasting over 10,000 vehicles daily, ensures excellent visibility and accessibility. The property's proximity to Interstate 44 and downtown St. Louis further enhances its appeal. Surrounded by prominent national retailers such as Chick-fil-A, O'Reilly Auto Parts, Enterprise Rent-A-Car, Advance Auto Parts, UPS, and Denny's, this car wash benefits from consistent consumer traffic. Beyond its current use, the property offers significant redevelopment potential for various drive-through concepts, including quick-service restaurants, coffee shops, or express oil change facilities. This turnkey operation presents a strong investment opportunity with the potential for substantial returns, leveraging the existing infrastructure and high-traffic location. The sale-leaseback option allows for capital recovery while maintaining operational control and generating consistent cash flow. The strong market demand for car wash services and the adaptable layout contribute to the long-term value and growth potential of this property. This is a rare chance to acquire a well-established business in a prime St. Louis location.

Property profile

Verified
Property type Specialty properties
Total area 5,001 SF
Lot 0.41 ac (17,860 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

10215 Watson Rd St St. Louis, MO 63127
St. Louis metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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