2208 Main St Wake Forest, NC 27587
- Car washes
- 2,200 SF
- 0.40 lot acres
Current Use by Public Records
- Car washes
Property Details for 2208 Main St
- Year built
- 1980
- Construction
- BRICK
- Lot size
- 0.40 lot acres
- Property size
- 2,200 SF
- Zone code
- HB
- Property type
- Car washes
- APN
- 1739.02-69-9817 0121787
- APU
- 1739026998170121787
Description
This exceptional 2,200 square foot car wash property, located at 2208 S Main St in Wake Forest, North Carolina (zip code 27587), presents a unique investment opportunity. Situated in Wake County, this special-purpose property offers significant potential for either upgrading the existing car wash operation or pursuing complete redevelopment. The property's prime location ensures high visibility and accessibility, making it an attractive proposition for both established businesses and new ventures in the car wash industry. The 2,200 square feet of space provides ample room for operations and potential expansion. The property's coordinates are 35.9468865 latitude and -78.5374549 longitude. Given its strategic location and existing infrastructure, this car wash presents a compelling investment opportunity with considerable upside potential. Whether you are looking to capitalize on a well-established business or envision a new development project, this property warrants serious consideration. The existing structure offers a solid foundation for either enhancing the current car wash or creating a completely new venture. This is a rare chance to acquire a property in a thriving area with significant growth prospects.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $355,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $380,000
- 6.5%
- $415,000
- 7%
- $355,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $420,000
- Geo Method
- $350,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $375,000
- Retail
- $375,000
- Mixed-Use
- $325,000
- Hospitality
- $410,000
- Educational
- $425,000
- Residential Income
- $385,000
- Energy
- $425,000
- Income-Based Land
- $355,000
- Food Service
- $395,000
Location Insight
- Map
- Local Demand
- City
- Wake Forest
- County
- Wake
- State
- North Carolina
- Longitude
- -78.5374
- Latitude
- 35.9469
- CBSA code
- 39580
- CBSA name
- RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA