1711 Fowler Ave, Tampa, FL 33612-5523
- Car washes
- 4,324 SF
- 0.54 lot acres
Current Use by Public Records
- Carriage Car Wash / Car Wash
- Mr. Express Car Wash / Car Wash
Property Details for 1711 Fowler Ave
- Year built
- 1976
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.54 lot acres
- Zone code
- CI
- Property type
- Car washes
- APN
- A182819A1W000000000080
- APU
- A182819A1W000000000080
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 4, 2025 | $1,600,000 | Sunshine On Fowler 2 LLC | Moris Investments LLC | Warranty Deed | — |
| Sep 4, 2024 | — | Tamela Mathews | Justin Adams Mcsweeney | Quit Claim Deed · related | — |
| Dec 11, 2020 | $4,300,000 | Moris Investments LLC | Fowler Ave Car Wash LLC | Warranty Deed | $2.8M · Bank Of The Ozarks |
| Jul 24, 2015 | $875,000 | Lloyd Of North America INC | Orion Venture Vi LLC | Warranty Deed | — |
| Dec 26, 2012 | $13,400,000 | Orion Venture Vi LLC | University Coml Center Ltd | Trustees Deed | $8.5M · First Nat'l Bk/s Miami |
Description
This exceptional investment opportunity presents a fully renovated Mr. Express Car Wash located at 1711 E Fowler Ave, Tampa, FL 33612. The 4,216 square foot facility, situated on a 0.53-acre lot, underwent a complete transformation in 2024, boasting a new tunnel, vacuum system, conveyor, tire shiner, brushes, wraps, and repaved parking. The property benefits from a prime location in a high-traffic retail corridor, with approximately 54,000 vehicles passing daily on Fowler Avenue. Its proximity to the University of South Florida (less than a mile away) and Interstate-275 (also less than a mile away, with 151,500 daily vehicles) ensures consistent customer flow. The strong demographics within a 5-mile radius, exceeding 300,000 residents and projected to grow to over 308,000, further solidify the investment potential. The building, constructed in 1976, is classified as Class B, with a single tenancy and commercial zoning. Financial highlights include an asking price of $3,500,000 ($830.17/sq ft), a current NOI of $227,500 (6.50% cap rate), and a pro-forma NOI of $540,000 (15.43% pro-forma cap rate). This is a turn-key operation situated directly across from the University Square Mall, offering significant upside potential for a savvy investor.
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Location Insight
- Map
- Local Demand
- City
- Tampa
- County
- Hillsborough
- State
- Florida
- Longitude
- -82.4398
- Latitude
- 28.054
- CBSA code
- 45300
- CBSA name
- TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
