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Property profile & analytics
FOR SALE
Super regional malls

1697 W Lacey Blvd Hanford, CA 93230

1.03 ac lot
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-3089805
Property summary
AI-generated overview

Exceptional investment opportunity: a thriving, full-service car wash in Hanford, CA, is available for sale. This 3,120 square foot facility sits on a 1.03-acre lot at 1697 W Lacey Blvd, 93230, boasting high visibility and easy access from a major thoroughfare. The single-story, 1993-built building (APN: 011-060-043-000) is currently 100% occupied and features a single tunnel car wash approximately 65-70 feet long. The property is zoned RC and offers ample parking (20 spaces per 1,000 sq ft). Priced at $2,399,900 ($769.20/sq ft), this owner-user opportunity presents a strong return on investment. The business and real estate are included in the sale. While currently a full-service operation, the car wash can be converted to automated with an estimated upgrade investment starting at $200,000. This turnkey operation is ideal for an investor seeking a profitable venture or an owner-operator looking to expand their business. The property's prime location and well-maintained condition make it a truly attractive proposition. The business is currently owner-operated.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Lot 1.03 ac (44,866 SF)
Zoning code RC
APN 011-060-043-000
UPID US09-3089805
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
  • Sassy Carwash Car Wash
  • Auto Island Car Wash & Detail Services Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.05M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.89M
Owner & transaction history
Sands Group LLC · 5 yrs held
Sands Group LLC
since 2020
Last sale
$1.8M
7 recorded transactions
2020
$1.8M
2019
$26.0M
2004
Price N/A
2003
Price N/A
2003
Price N/A
2001
Price N/A
1969
Price N/A
Zoning & alternative use
RC · Hanford, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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