Technical
Financial
Distress signals
Property profile

60 Springville Sta Springville, AL 35146

OFF-MARKET
Car washes
Property ID
US03-3034076
3,111 SF 0.88 ac lot Built 2020
Entity Owned 3-yr Hold ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Car Wash

Location

60 Springville Sta Springville, AL 35146-6113
Springville metro Census 40503 BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.15M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.30M

Owner & transaction history

since 2022
Last sale
$4.2M
2 recorded transactions
2022
$4.3M
2022
$4.2M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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