Property profile

2812 Chestnut Expy Springfield, MO 65802

OFF-MARKET
Car washes
Property ID
US48-3287436
4,602 SF 0.86 ac lot Built 1985
Individually Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents two car washes located at 2812 E Chestnut Expressway in Springfield, Missouri (zip code 65802), Greene County. The property, totaling 8,200 square feet on a 0.83-acre lot, consists of two single-story buildings constructed in 1985. Both car washes are equipped with self-service and automatic bays, credit card readers, and vacuum systems. The property is zoned INC and offers a strong cash flow potential for an owner/user. The asking price is $625,000, translating to $76.22 per square foot. This Class B property represents a rare chance to acquire a well-established, dual-car wash operation in a high-traffic location. The business is easily managed, making it an attractive option for investors seeking a hands-off approach. This turnkey operation is ready for a new owner to step in and continue its success. The property's prime location ensures consistent customer traffic, maximizing revenue potential. This is a unique opportunity to own a profitable and established business in a desirable market. Don't miss out on this chance to acquire a thriving car wash business with significant growth potential.

Property profile

Verified
Property type Car washes
Use group CAR WASH
Year built 1985
Total area 4,602 SF
Lot 0.86 ac (37,592 SF)
Zoning code INC
APN 88-12-21-204-035
UPID US48-3287436

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Wash
  • Car Wash

Location

2812 Chestnut Expy Springfield, MO 65802-2520
Springfield metro Census 2300 SPRINGFIELD, MO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

INC · Springfield, MO

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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