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Property profile & analytics
OFF-MARKET Estimated value $620,000
Car washes

3999 Pkwy Dr Fresno, CA 93722

3,720 SF 0.48 ac lot Built 1987
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US10-2729993
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Car washes
Use group CAR WASH
Year built 1987
Construction TYPE NOT SPECIFIED
Total area 3,720 SF
Lot 0.48 ac (20,800 SF)
Zoning code CC
APN 511-240-03
UPID US10-2729993
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
  • Spotlight car wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$580k
CAP Approach CAP
by Request
Comparable Approach Comparable
$516k
Blend (final) Blend
$620k
Owner & transaction history
Parkway & Ashlan LLC · 2 yrs held
Parkway & Ashlan LLC
since 2023
Last sale
$630,000
7 recorded transactions
2026
Price N/A
2023
$630,000
2022
$20,000
2021
$501,000
2008
$380,000
2008
Price N/A
2003
$615,000
Zoning & alternative use
CC · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $750,000 +30.4%
Office building $590,000 +3.1%
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