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Property profile & analytics
FOR SALE
Self service car washes

405 E Main St Cortez, CO 81321

3,762 SF 0.31 ac lot Built 1997
Entity Owned 18-yr Hold Free & Clear
Property ID
US13-2056377
Property summary
AI-generated overview

This exceptional car wash opportunity in Cortez, Colorado, is priced at $404,500. Boasting 13,504 square feet on a 0.31-acre lot, the property includes 5 self-service bays and a crucial automatic bay, all built in 1997. The net rentable space is 3,762 square feet, offering a price per square foot of $108. Located at 405 E Main St, 81321, this car wash benefits from approximately 20,000 vehicles passing daily, ensuring high visibility and convenient customer access. Situated in a thriving retail market experiencing near 5% growth since the last census, this business enjoys excellent year-round performance. Furthermore, car washes offer significant tax advantages through accelerated depreciation, potentially allowing for substantial business expense deductions. This presents a compelling investment opportunity in a growing Colorado market. The property's strong location and high traffic volume contribute to its potential for continued success and substantial returns.

Property profile
Verified
Property type Self service car washes
Use group CAR WASH - SELF-SERVE
Year built 1997
Total area 3,762 SF
Lot 0.31 ac (13,504 SF)
Zoning code CBD
APN 561126402003
UPID US13-2056377
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
  • Aqua Carwash 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
Blanding Super Splash LLC · 18 yrs held
Blanding Super Splash LLC
since 2008
1 recorded transaction
2008
Price N/A
Zoning & alternative use
CBD · Cortez, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CBD Central Business District C General Commercial District NB Neighborhood Business District I Industrial O Open District PUD Planned Unit Development Section 3.03 Residential Zone Districts Cortez Land Use Code Update Chapter 3 | Page 3-3 Cortez Land Use Code thereof. Where uncertainty exists as to the boundaries of districts as shown on the Official Zonin…

Zone name Central Business District
General category CIVIC_INSTITUTIONAL
Zone area 55.69 ac
Source City of Cortez Land USE CODE
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