1810 Broad Ave, Lanett, AL 36863-3168
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.