1046 Morganton SW Blvd, Lenoir, NC 28645
This exceptional business opportunity presents a thriving car wash located at 1046 Morganton Blvd SW, Lenoir, NC 28645. Priced at $1,200,000, this value-add investment includes a 1-acre lot and a substantial building. The car wash boasts a 70-foot tunnel equipped with six free and four pay vacuum stations, ensuring diverse revenue streams. An additional building on the property features two detail bays and an office, providing further operational flexibility and income potential. The existing business model incorporates a subscription service, adding a recurring revenue component. This established car wash offers significant upside potential for a savvy investor looking to capitalize on a proven business model in a desirable location within Caldwell County. The property's size and existing infrastructure provide ample room for expansion and improvement, allowing for further revenue generation and increased profitability. This turnkey operation is ready for a new owner to step in and continue its success. The property's location in Lenoir, North Carolina, offers excellent visibility and accessibility, ensuring a steady flow of customers.
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Bonnie Mist Car Wash Inc. Car Wash
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.