Property profile

1810 Broad Ave Lanett, AL 36863

OFF-MARKET
Retail properties & Spaces
Property ID
US03-2094224
1,071 SF 1.3 ac lot Built 1988
Entity Owned ~ Est. High Equity
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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

Location

1810 Broad Ave Lanett, AL 36863-3168
Lanett metro Census 954800 LAGRANGE, GA-AL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.46M

Owner & transaction history

since 2025
Last sale
$410,000
3 recorded transactions
2025
$410,000
2020
$2.0M
2019
$114,320

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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