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    OFF-MARKET
    Retail properties & Spaces

    1810 Broad Ave, Lanett, AL 36863-3168

    1,071 SF 1.3 ac lot Built 1988
    Entity Owned ~ Est. High Equity
    Property ID
    US03-2094224
    Property summary
    AI-generated overview

    This exceptional business opportunity encompasses a profitable carwash and lube facility situated on a 0.29-acre lot at 1810 S Broad Avenue, Lanett, Alabama. The property's total square footage is 2 square feet, though this figure likely reflects a measurement error and requires further clarification. Currently, the express carwash portion of the business is temporarily closed due to unforeseen circumstances related to the previous owner's family. However, the lube bay remains operational under a lease agreement. Importantly, the current tenant is solely responsible for all taxes and utilities. A key aspect of this sale is that the existing lease agreement for the lube bay will be automatically terminated upon the successful transfer of property ownership. This presents a unique chance for a new owner to either continue the existing lube business, renegotiate lease terms, or integrate it into a comprehensive car care operation. The asking price for this turnkey business and real estate package is $1,890,000. This represents a significant investment opportunity in a potentially high-growth market. Further due diligence is recommended to verify all aspects of the business and property details. This includes, but is not limited to, a thorough review of financial records, lease agreements, and local zoning regulations. The property's location and existing infrastructure offer a solid foundation for a successful venture. Serious inquiries only.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
    Year built 1988
    Total area 1,071 SF
    Lot 1.3 ac (56,628 SF)
    APN 12-10-07-36-3-001-016.000
    UPID US03-2094224
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Mrb Enterprises LLC
    Mrb Enterprises LLC
    since 2025
    Last sale
    $410,000
    3 recorded transactions
    2025
    $410,000
    2020
    $2.0M
    2019
    $114,320
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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