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Property profile & analytics
FOR SALE
Car washes

5864 University Blvd W Jacksonville, FL 32216

11,968 SF 1 ac lot Built 1970
Entity Owned 12-yr Hold ~ Est. High Equity
Property ID
US18-4861534
Property summary
AI-generated overview

This exceptional express exterior tunnel car wash, located at 5864 University Blvd W, Jacksonville, FL 32216, presents a lucrative investment opportunity. Priced at $1,951,527.69, this established business boasts a proven track record and strong community presence. Situated in a high-visibility location with over 40,000 vehicles passing daily, it ensures consistent customer traffic and revenue. The state-of-the-art equipment provides a premium car cleaning experience, setting it apart from competitors. Its strategic location near major retailers such as Publix, Walgreens, CVS, Winn-Dixie, Wawa, and numerous fast-food chains, further enhances its accessibility and customer base. Years of successful operation have cultivated a loyal clientele and a reputable brand within the Jacksonville community. This presents not only a stable investment but also significant scalability and growth potential for future expansion and increased profitability. The property's operational efficiency and established brand presence make it an attractive prospect for investors seeking a high-return, low-risk venture in a thriving Florida market. This is a turnkey operation ready for immediate income generation.

Property profile
Verified
Property type Car washes
Use group CAR WASH
Year built 1970
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 11,968 SF
Lot 1 ac (43,467 SF)
Zoning code CCG-1
APN 152784-0000
UPID US18-4861534
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
  • Island Time Car Wash Jacksonville Florida Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$708k
Blend (final) Blend
$760k
Owner & transaction history
Elliott Road LLC · 12 yrs held
Elliott Road LLC
since 2013
2 recorded transactions
2013
$500,000
1969
Price N/A
Zoning & alternative use
CCG-1 · Jacksonville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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