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Property profile & analytics
OFF-MARKET
Car washes

120 Brawley School Rd Mooresville, NC 28117-9102

3,559 SF 0.95 ac lot Built 2010
Individually Owned 9-yr Hold ~ Est. High Equity
Property ID
US53-0640394
Property summary
AI-generated overview

This exceptional Mooresville, NC car wash presents a lucrative investment opportunity. The property encompasses 0.95 acres and a 43,560 square foot lot, including a 2,588 square foot net rentable building. Priced at $1,500,000 ($34.44/sq ft), this modern, automated facility boasts multiple entry/exit points and comfortable indoor and outdoor waiting areas. Its strategic location in Iredell County (Parcel # 4657-20-38998-000) is surrounded by residential neighborhoods, schools, municipal offices, retail, and financial institutions, ensuring high traffic volume. The property benefits from strong daily traffic counts, with 20,000 vehicles passing in front and 19,000 at a nearby signalized intersection. The sale includes real estate, the established business, and all fixtures, furniture, and equipment (FF&E). The surrounding area exhibits a strong median home price of $313,077, indicating a stable and affluent customer base. This turnkey operation is exceptionally clean and well-maintained, promising immediate returns for the discerning investor. The zip code is 28117, and the address is 120 Brawley School Rd.

Property profile
Verified
Property type Car washes
Use group CAR WASH - AUTOMATED
Year built 2010
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,559 SF
Lot 0.95 ac (41,382 SF)
Zoning code CC
APN 4657-20-3898.000
UPID US53-0640394
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
  • Pro Shine Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Nassar & Simonelli Investmen · 9 yrs held
Nassar & Simonelli Investmen
since 2017
5 recorded transactions
2017
$1,175
2010
$400,000
2007
Price N/A
2007
$400,000
1969
Price N/A
Zoning & alternative use
CC · Mooresville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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