1155 Martin Downs Blvd, Palm City, FL 34990-2853
This established Palm City, Florida car wash business presents a unique investment opportunity. Located at 1155 SW Martin Downs Blvd, 34990, in a high-traffic gas station area, this business boasts excellent visibility and accessibility, ensuring a consistent customer flow. The car wash features a Mark 7 machine and other improvements totaling $290,000 in owner investment. Currently generating average monthly sales of $4,500, the business benefits from a favorable lease agreement of $2,650 per month with 9.5 years remaining. Multiple revenue streams are in place, including memberships, loyalty programs, and premium service upselling. Further income potential exists through the hand car wash, which can be rented for a minimum of $1,200 per month, and the unlimited wash plan, currently generating approximately $4,000 monthly. Built in 1981, this business offers a strong foundation in a recession-resistant industry with significant growth potential. The property is categorized as retail, specifically a business type. This turnkey operation is ready for a new owner to capitalize on its established success and inherent expansion opportunities. The property is situated in Martin County, Florida.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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.