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    OFF-MARKET
    Self service car washes

    3602 7th St, Phoenix, AZ 85014-5006

    1,815 SF 0.16 ac lot Built 1964
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US07-1032206
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a thriving, established car wash located at 3602 N 7th Street, Phoenix, Arizona. Situated on a prominent North/South traffic corridor boasting high vehicle counts, this property offers significant visibility and accessibility. The 0.16-acre lot includes approximately 107 feet of frontage on 7th Street, providing ample space for signage and potential expansion. The sale includes Parcel 118-23-052, adding to the overall value and development possibilities. This location is in a rapidly growing area, presenting unlimited potential for future development beyond its current use as a successful car wash. The property's strong performance history, combined with its prime location and substantial frontage, makes it an attractive investment for both seasoned entrepreneurs and those seeking a high-return opportunity. The seller may consider financing options, making this an even more compelling proposition. This is a rare chance to acquire a well-established business with significant upside in a highly desirable Phoenix location. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Self service car washes
    Use group CAR WASH - SELF-SERVE
    Year built 1964
    Construction CONCRETE
    Total area 1,815 SF
    Lot 0.16 ac (6,760 SF)
    Zoning code C-2
    APN 118-23-052
    UPID US07-1032206
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Simon's Auto Spa Car Wash
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Interstate Partners LLC · 3 yrs held
    Interstate Partners LLC
    since 2022
    Last sale
    $262,753
    7 recorded transactions
    2022
    $262,753
    2018
    2014
    2013
    $100,000
    2012
    $128,333
    2011
    $490,000
    2004
    $300,000
    Zoning & alternative use
    C-2 · Phoenix, AZ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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