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Property profile & analytics
OFF-MARKET
Estimated value
$4,210,000
Car washes
60 Springville Sta Springville, AL 35146-6113
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US03-3034076
Property summary
AI-generated overview
This exceptional investment opportunity presents a 4,086 square foot storefront located at 60 Springville Station, Springville, Alabama, 35146. The property, renovated in 2023, sits on a 0.88-acre lot and is currently 100% occupied by Mach-1 Express Wash under a long-term NNN lease. The lease commenced December 19, 2022, and extends for a total of 20 years, expiring December 18, 2042, leaving a substantial 18.1 years remaining. The asking price is $5,331,221, translating to a price per square foot of $1,424.38. The property boasts a strong average annual rent of $349,195, yielding a 6.55% cap rate. This single-tenant, stabilized investment offers significant long-term income potential. Note that this is one of two buildings available for sale
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
2020
Total area
3,111 SF
Lot
0.88 ac (38,333 SF)
APN
13-08-33-0-000-001.015
UPID
US03-3034076
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
-
Mach-1 Express Wash Springville Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.15M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.21M
Owner & transaction history
Mach One Holdings LLC · 3 yrs held
Mach One Holdings LLC
since 2022
Last sale
$4.2M
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Springville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Springville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$4,295,000
ML approach
$4,150,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.21M
Range $3.79M – $4.63M · ±10% · vs last sale $4.20M (Dec 30 2022)
Last sale anchor
$4.20M
Dec 30 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$1,353 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$5,437
Tax year 2022
Assessed value
$183,714
Assessed 2023
Previous assessed
$151,014
+21.7% YoY
Effective rate
2.96%
On assessed value
Assessed land
$76,660
Assessed improvement
$107,054
Land market value
$383,300
Improvement market value
$535,270
Total market value
$918,570
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
2020
Total area
3,111 SF
Lot
0.88 ac (38,333 SF)
APN
13-08-33-0-000-001.015
UPID
US03-3034076
Jurisdiction
ST CLAIR
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2020
Lot
0.88 ac
Current owner
From public records · entity-resolved
Mach One Holdings LLC
Entity
Mailing address
4621 MARTIN WILSON RD, TRUSSVILLE, AL 35173-1641
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2022
$4,315,000
Mach One Holdings LLC
Springville Water Works LLC
Warranty Deed
$5,250,000 · Crossfirst Bank
Dec 30, 2022
$4,200,000
Johnson Car Wash Prop Springville S
Mach One Holdings LLC
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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