3602 7Th St Phoenix, AZ 85014
- Self service car washes
- 1,815 SF
- 0.16 lot acres
Current Use by Public Records
- Simon's Auto Spa / Car Wash
Property Details for 3602 7Th St
- Year built
- 1964
- Construction
- CONCRETE
- Lot size
- 0.16 lot acres
- Property size
- 1,815 SF
- Zone code
- C-2
- Property type
- Self service car washes
- APN
- 118-23-052
- APU
- 11823052
Description
This exceptional investment opportunity presents a thriving, established car wash located at 3602 N 7th Street, Phoenix, Arizona. Situated on a prominent North/South traffic corridor boasting high vehicle counts, this property offers significant visibility and accessibility. The 0.16-acre lot includes approximately 107 feet of frontage on 7th Street, providing ample space for signage and potential expansion. The sale includes Parcel 118-23-052, adding to the overall value and development possibilities. This location is in a rapidly growing area, presenting unlimited potential for future development beyond its current use as a successful car wash. The property's strong performance history, combined with its prime location and substantial frontage, makes it an attractive investment for both seasoned entrepreneurs and those seeking a high-return opportunity. The seller may consider financing options, making this an even more compelling proposition. This is a rare chance to acquire a well-established business with significant upside in a highly desirable Phoenix location. Serious inquiries are encouraged.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $270,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $295,000
- 6.5%
- $295,000
- 7%
- $325,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $280,000
- Geo Method
- $315,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $330,000
- Retail
- $325,000
- Mixed-Use
- $270,000
- Hospitality
- $355,000
- Educational
- $280,000
- Residential Income
- $295,000
- Energy
- $330,000
- Income-Based Land
- $320,000
- Food Service
- $305,000
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.065
- Latitude
- 33.4896
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
