4172 Lakeville Rd Geneseo, NY 14454
- Car washes
- 2,640 SF
- 0.66 lot acres
Current Use by Public Records
- Car washes
Property Details for 4172 Lakeville Rd
- Year built
- 1993
- Lot size
- 0.66 lot acres
- Property size
- 2,640 SF
- Zone code
- 05 - COMMERCIAL
- Property type
- Car washes
- APN
- 242601 81.14-1-4.12
- APU
- 24260181141412
Description
This exceptional turnkey commercial property, located at 4172 Lakeville Rd, Geneseo, NY, presents a unique investment opportunity. The 2,640 square foot building houses a six-bay self-serve car wash, ideally situated between Lakeville Road and Reservoir Road, ensuring high visibility and substantial traffic flow. Built in 1993 by the original owner, this is the first time this property has been offered for sale. The car wash boasts radiant heated floors under the concrete in each bay, individual drains connected to the public sewer system, and six vacuum stations for interior cleaning. The central boiler room houses two boilers, a newer forced air natural gas furnace, and all necessary car wash equipment including soap dispensers and a coin mechanism. Currently a cash-only business, there's significant potential to upgrade to a credit card accepting laser wash system, expanding revenue streams. The property sits on a 0.66-acre lot and benefits from a roof replacement in 2011, demonstrating excellent maintenance. Its prime location, just minutes from I-390 and SUNY Geneseo, ensures consistent customer traffic. This property offers endless possibilities for expansion and increased profitability. The asking price is $364,900.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $260,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $410,000
- 6.5%
- $400,000
- 7%
- $350,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $405,000
- Geo Method
- $370,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $370,000
- Retail
- $325,000
- Mixed-Use
- $360,000
- Hospitality
- $350,000
- Educational
- $320,000
- Residential Income
- $395,000
- Energy
- $370,000
- Income-Based Land
- $365,000
- Food Service
- $345,000
Location Insight
- Map
- Local Demand
- City
- Geneseo
- County
- Livingston
- State
- New York
- Longitude
- -77.7933
- Latitude
- 42.7953
- CBSA code
- 40380
- CBSA name
- ROCHESTER, NY METROPOLITAN STATISTICAL AREA