4620 Post St El Dorado Hills, CA 95762-7102
- Retail space
- 6,640 SF
- 0.92 lot acres
Current Use by Public Records
- Retail space
Property Details for 4620 Post St
- Year built
- 2005
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.92 lot acres
- Property size
- 6,640 SF
- Property type
- Retail space
- APN
- 121-300-018-000
- APU
- 121300018000
Description
This exceptional turn-key car wash and detail center in El Dorado Hills, CA, presents a compelling investment opportunity. Boasting 6,640 square feet on a 0.92-acre lot (APN 121-300-018), this 2005-built facility (permitted under CG zoning) enjoys 100% occupancy and generates significant income. The asking price is $8,500,000, representing an attractive 8.70% cap rate. Strategically located in a high-density area with a high average household income ($198,874), this business benefits from a lack of nearby competition (closest competitors are 8-10 miles away). The property includes a 110-foot conveyor tunnel and Belanger car wash equipment, upgraded in 2022, along with full-service and express vacuums (also added in 2022). A successful express membership model, implemented in 2024, has boosted monthly income by $20,000. Long-term, experienced employees are in place, ensuring operational continuity. This well-maintained property offers significant upside potential through further marketing and expansion of the express membership program. The property is a fee simple ownership under the Lowe Jeffery & Ashley Trust. This is a rare opportunity to acquire a dominant, high-performing car wash business in a prime location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,265,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,420,000
- 6.5%
- $2,365,000
- 7%
- $2,620,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,950,000
- Geo Method
- $2,750,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,365,000
- Retail
- $2,930,000
- Mixed-Use
- $2,640,000
- Hospitality
- $2,590,000
- Educational
- $2,405,000
- Residential Income
- $2,260,000
- Energy
- $2,915,000
- Income-Based Land
- $2,845,000
- Food Service
- $2,405,000
Location Insight
- Map
- Local Demand
- City
- El Dorado Hills
- County
- El Dorado
- State
- California
- Longitude
- -121.068
- Latitude
- 38.649
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA