20690 Telegraph Rd, Brownstown, MI 48174-9732
This fully operational car wash in Romulus, MI, boasts five self-serve bays, including a 12-foot oversized truck bay, and one automatic, touchless bay with advanced drying technology. Three self-serve vacuum stations with tap-and-pay functionality add customer convenience. A newly installed compressor ensures reliable equipment operation. The 2,730 square foot facility is situated on one acre of land in a high-traffic area at the intersection of King Rd. and Telegraph Rd., offering excellent visibility and accessibility. The business benefits from a strong, loyal customer base. An adjacent one-acre lot is also available for separate purchase, presenting expansion opportunities. This turnkey operation includes all necessary equipment, making it an ideal investment for an entrepreneur seeking an established, profitable business in a growing area. The property is listed at $500,000, with the adjacent one-acre lot available for $125,000. The adjacent lot is listed under MLS # 20240093390, and the car wash and lot together are also listed under MLS # 20240093390.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-2 · Brownstown, MIBrownstown. Always verify with local authorities before improvements.
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.