3999 Pkwy Dr Fresno, CA 93722
- Car washes
- 3,720 SF
- 0.48 lot acres
Current Use by Public Records
- Spotlight car wash / Car Wash
Property Details for 3999 Pkwy Dr
- Year built
- 1987
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.48 lot acres
- Property size
- 3,720 SF
- Zone code
- CC
- Property type
- Car washes
- APN
- 511-240-03
- APU
- 51124003
Description
This exceptional investment opportunity presents a thriving hand car wash located at 3999 N Parkway Dr, Fresno, CA 93722. The property boasts a prime corner location with excellent freeway access via Highway 99, ensuring high visibility and convenient customer access. The existing 3,720 square foot building features seven wash bays and eight vacuum stations, currently operating as a successful hand car wash business. However, the significant potential lies in its adaptability. The property offers a unique conversion opportunity to an express car wash, capitalizing on the growing demand for faster and more efficient car cleaning services. The expansive lot, measuring up to 30,000 square feet, provides ample space for expansion and future development. With a substantial 140-foot frontage, the property enjoys exceptional visibility and accessibility. The asking price for this turnkey operation is $1,200,000, representing a compelling investment in a high-growth sector within a desirable Fresno location. This is a rare chance to acquire a well-established business with significant upside potential. Don't miss this opportunity to own a piece of Fresno's thriving automotive services market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $640,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $595,000
- 6.5%
- $570,000
- 7%
- $545,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $580,000
- Geo Method
- $510,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $605,000
- Retail
- $620,000
- Mixed-Use
- $535,000
- Hospitality
- $460,000
- Educational
- $465,000
- Residential Income
- $545,000
- Energy
- $545,000
- Income-Based Land
- $525,000
- Food Service
- $585,000
Location Insight
- Map
- Local Demand
- City
- Fresno
- County
- Fresno
- State
- California
- Longitude
- -119.867
- Latitude
- 36.7931
- CBSA code
- 23420
- CBSA name
- FRESNO, CA METROPOLITAN STATISTICAL AREA