4114 Us Hwy 90 Lake City, FL 32055-4874
This vacant, 0.94-acre property in Lake City, Florida, presents a compelling investment opportunity. The 2003-built Xpress Car Wash features a 90-foot tunnel equipped with Belanger equipment and a Unitec POS system, complemented by 8 vacuum stations. Located on US Highway 90, this asset benefits from excellent visibility and accessibility, with over 20,000 vehicles passing daily. The property's strategic location is further enhanced by its proximity to numerous retail establishments within a one-mile radius, including five car dealerships, Dollar General, Harveys Supermarket, Family Dollar, Smoothie King, Texas Roadhouse, Cracker Barrel, Steak ‘n Shake, Chic-fil-A, IHOP, and Bob Evans. This asset sale offers a significant operational upside, presenting a chance to capitalize on below-replacement cost and substantial sales growth potential. The property is being sold as-is. This is an owner/user investment opportunity. The building sits on a 0.94-acre lot. The asking price is $1,195,000.
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Xpress Car Wash Car Wash
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Accurate Car Care Car Wash
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.