4954 Summer Ave Memphis, TN 38122
- Self service car washes
- 2,520 SF
- 0.57 lot acres
Current Use by Public Records
- Self service car washes
Property Details for 4954 Summer Ave
- Year built
- 1979
- Lot size
- 0.57 lot acres
- Property size
- 2,520 SF
- Zone code
- CMU-3
- Property type
- Self service car washes
- APN
- 063-059- - -00008
- APU
- 6305900008
Description
This well-maintained car wash in Memphis, TN, presents a lucrative investment opportunity. Strategically positioned between North Mendenhall and Interstate 40, this property boasts eight wash bays and a substantial 0.56-acre lot, ensuring ample space for operations and potential expansion. The convenient pay-to-enter system enhances customer experience and streamlines operations. The property's strong income generation is a key feature, with detailed financial information available to qualified buyers upon request. Serious inquiries should include a formal Letter of Intent or Offer, accompanied by verifiable proof of funds, either through a bank letter or a lender pre-approval letter. This is a turnkey operation ready for a new owner to step in and continue the success. The property's location near major roadways ensures high visibility and accessibility, attracting a large customer base. The existing infrastructure is in excellent condition, minimizing immediate capital expenditure needs. This presents a rare chance to acquire a profitable, established business with significant growth potential in a thriving market. Don't miss this chance to own a successful, established car wash business in a prime Memphis location.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.8956
- Latitude
- 35.1494
- CBSA code
- 32820
- CBSA name
- MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA