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Property profile & analytics
FOR SALE
Car washes
11250 E Dr Martin Luther King Jr Blvd, Seffner, FL 33584
Entity Owned
8-yr Hold
Free & Clear
Property ID
US18-3566167
For Sale
1 / 42
$925,000
11250 E Dr Martin Luther King Jr Blvd, Seffner, FL 33584
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Property summary
AI-generated overview
This exceptional investment opportunity presents a thriving car wash business situated on a highly visible 0.88-acre lot at 11250 E Dr Martin Luther King Jr Boulevard in Seffner, Florida. The property boasts a substantial 2,787 square foot building, encompassing a fully operational car wash facility, a comfortable office space, and a customer lounge area. Five convenient car wash islands are strategically positioned to maximize efficiency and throughput. The building sits on a sizable 38,332 square foot parcel of land, offering ample space for expansion or future development. A key advantage is the property's prime location on Dr. Martin Luther King Jr Boulevard, a major thoroughfare experiencing daily traffic exceeding 38,000 vehicles. This high volume of passing traffic translates to significant potential for increased revenue and strong return on investment. The 172 linear feet of frontage on this busy road ensures exceptional visibility and accessibility for customers. This turnkey operation is ready for a new owner to step in and continue its success. The asking price is $985,000. This represents a rare chance to acquire a well-established, high-performing car wash business in a prime location with significant growth potential. Serious inquiries only.
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,787 SF
Lot
0.88 ac (38,333 SF)
Zoning code
PD
APN
U042920ZZZ000002367600
UPID
US18-3566167
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
Current use
Occupant on record · Public records
-
Tampa Auto Spa Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$350k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$778k
Blend (final)
Blend
$570k
Owner & transaction history
Lo Exclusive LLC · 8 yrs held
Lo Exclusive LLC
since 2018
4 recorded transactions
Zoning & alternative use
PD · Seffner, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$725,000
+37.6%
Medical building
$690,000
+31.3%
Neighborhood: shopping center
$680,000
+29.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Seffner submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Seffner submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$350,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$525,000
Current use
OFFICE BUILDING
$725,000
Change: +38% · Conversion: Difficult
MEDICAL BUILDING
$690,000
Change: +31% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$680,000
Change: +29% · Conversion: Difficult
RETAIL STORES
$605,000
Change: +15% · Conversion: Difficult
COMMERCIAL (GENERAL)
$585,000
Change: +12% · Conversion: Moderate
Blend value · Realmo final
$570k
Range $513k – $627k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$205 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$12,957
Tax year 2023
Assessed value
$747,943
Assessed 2023
Previous assessed
$645,302
+15.9% YoY
Effective rate
1.73%
On assessed value
Assessed land
$335,414
Assessed improvement
$412,529
Land market value
$335,414
Improvement market value
$412,529
Total market value
$747,943
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Car washes
Use group
CAR WASH
Status
For Sale
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Units
6
Total area
2,787 SF
Lot
0.88 ac (38,333 SF)
Zoning code
PD
APN
U042920ZZZ000002367600
UPID
US18-3566167
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
PD · Seffner, FL
Zoning PD · permitted uses
PD · Seffner, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Seffner. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$525,000
OFFICE BUILDING
Est. value
$725,000
MEDICAL BUILDING
Est. value
$690,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$680,000
RETAIL STORES
Est. value
$605,000
COMMERCIAL (GENERAL)
Est. value
$585,000
AUTO REPAIR, GARAGE Current
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Units
6
Lot
0.88 ac
Current owner
From public records · entity-resolved
Lo Exclusive LLC
Entity
Free & Clear · 8 yrs held
Mailing address
16003 SELBY WAY, TAMPA, FL 33647-2035
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 22, 2018
$660,000
Lo Exclusive LLC
Number One Wash INC
Grant Deed
—
Sep 6, 2003
$469,800
Number One Wash INC
Schoewe,david G
Grant Deed
$480,000 · Platinum Bank
Sep 10, 1999
$225,000
David G Schoewe
Dab Foundation
Grant Deed
$500,000 · First Commercial Bank Of Tampa
—
—
Number One Wash INC
—
Loan Modification
related
$278,362 · C1 Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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