612 Main St Kilmarnock, VA 22482-3822
- Commercial real estate
- 1.20 lot acres
Current Use by Public Records
- Auto Spa Kilmarnock / Car Wash
Property Details for 612 Main St
- Lot size
- 1.20 lot acres
- Zone code
- C1
- Property type
- Commercial real estate
- APN
- 23 67C
- APU
- 2367C
Description
This exceptional investment opportunity presents a newly constructed, state-of-the-art express car wash situated on a 1.1-acre lot at 612 N Main Street in Kilmarnock, Virginia. The property boasts a substantial 110-foot Hanna-Coleman automatic tunnel, ensuring high-throughput capacity. The car wash is equipped with an ICS Point of Sale Controller for efficient transaction management and an AutoVac system featuring 20 stations to provide comprehensive cleaning services. This turnkey operation includes both the land and the established business, offering immediate revenue generation potential. The strategic location is surrounded by a cluster of prominent national retailers, including Walmart, Pizza Hut, Little Caesars, Tractor Supply, Dollar Tree, Starbucks, and Verizon, guaranteeing high visibility and significant foot traffic. This prime location within a thriving commercial area presents a rare opportunity for a savvy investor seeking a profitable and established business with strong growth potential. The property's size and modern equipment combine to create a highly efficient and attractive car wash operation ready for immediate success. The sale includes all land and business assets.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $580,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $420,000
- 6.5%
- $420,000
- 7%
- $455,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $370,000
- Geo Method
- $415,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $425,000
- Retail
- $470,000
- Mixed-Use
- $440,000
- Hospitality
- $455,000
- Educational
- $510,000
- Residential Income
- $455,000
- Energy
- $450,000
- Income-Based Land
- $485,000
- Food Service
- $400,000
Location Insight
- Map
- Local Demand
- City
- Kilmarnock
- County
- Lancaster
- State
- Virginia
- Longitude
- -76.3889
- Latitude
- 37.7264