You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

1155 SW Martin Downs Blvd Palm City, FL 34990

Gas stations Google Maps
1,586 SF 0.85 ac lot Built 1981
Entity Owned 6-yr Hold Free & Clear
Estimated value (blended)
$1.84M
Range $1.65M – $2.02M (±10%)
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

Current use

Occupant on record · Public records
  • Car Wash
  • Car Wash
  • Car Wash
  • Gas Station
  • 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

since 2020
Last sale
$1.7M
2 recorded transactions
2020
$1.7M
2013
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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?”
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