18324 E 104Th Ave Commerce City, CO 80022
Property Lookup
Property profile & analytics
18324 E 104Th Ave Commerce City, CO 80022
- Self service car washes
- 1,964 SF
- 0.74 lot acres
Property ID
US13-0090585
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Self service car washes
Property Details for 18324 E 104Th Ave
- Year built
- 2007
- Lot size
- 0.74 lot acres
- Property size
- 1,964 SF
- Property type
- Self service car washes
- APN
- R0165223
- APU
- R0165223
Description
This exceptional 1,964 sq ft car wash, built in 2007 and renovated in 2018 & 2020, is situated on a 32,160 sq ft lot in the thriving Reunion Marketplace of Commerce City, CO. Boasting a high sales volume and commanding market presence, this single-unit business offers significant returns. Financial highlights include a 9.49 EBITDA multiple, a 5.78 GIM, and a $200,000 free cash flow. SBA financing is available with a 12% down payment, promising a 17.7% ROI on the down payment. The property benefits from a strategic location at the intersection of 104th Ave and Tower Rd, providing easy access to Pena Blvd and Denver International Airport. Nearby businesses include a Conoco gas station, NAPA Auto Parts, Starbucks, and a Sonic Drive-In, further enhancing visibility and customer traffic. The car wash is part of a larger commercial development encompassing restaurants, a Wells Fargo Bank, and a two-story medical office building. High traffic counts on 104th Ave (15,055 ADT as of Dec 2022) and Tower Rd (26,836 ADT as of May 2021) underscore the property's exceptional location. This is a rare opportunity to acquire a highly profitable, established business in a rapidly growing area. The property is zoned commercial.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Commerce City
- County
- Adams
- State
- Colorado
- Longitude
- -104.773
- Latitude
- 39.8848
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$59,872
$125,620
$145,810
$271,430
-
$450,254
$522,627
$972,881
