Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET Estimated value $1,835,000
    Gas stations

    1155 Martin Downs Blvd, Palm City, FL 34990-2853

    1,586 SF 0.85 ac lot Built 1981
    Entity Owned 6-yr Hold Free & Clear
    Property ID
    US18-3566890
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Gas stations
    Use group SERVICE STATION (FULL SERVICE)
    Year built 1981
    Construction STEEL FRAME
    Total area 1,586 SF
    Lot 0.85 ac (37,026 SF)
    APN 17-38-41-010-011-00060-0
    UPID US18-3566890
    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
    • CarWash Points - Palm City Car Wash
    • MER CAR WASH Car Wash
    • Shell Car Wash
    • PALMCITY SHELL/MARATHON/hqd/urb flower/delta 8/juul Gas Station
    • FLORIDA CAR WASH & MOBILE DETAILING Car Wash
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $2.11M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.84M
    Owner & transaction history
    Vajra Properties LLC · 6 yrs held
    Vajra Properties LLC
    since 2020
    Last sale
    $1.7M
    2 recorded transactions
    2020
    $1.7M
    2013
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 1155 Martin Downs Blvd?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message