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    6321 Park Ave Tucson, AZ 85706

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    6321 Park Ave Tucson, AZ 85706

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    • Self service car washes
    • 2,392 SF
    • 0.29 lot acres
    For Sale
    $350,000
    View Listing →
    Tucson Car Wash Business for Sale For Sale
    $350,000
    2,392 SF

    Tucson Car Wash Business for Sale

    Profitable Car Wash, Excellent Location

    6321 Park Ave, Tucson, AZ 85706
    View Listing
    Property ID
    US07-1030771
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Wet N Wild Car Wash / Car Wash

    Property Details for 6321 Park Ave

    Year built
    1973
    Construction
    CONCRETE
    Lot size
    0.29 lot acres
    Property size
    2,392 SF
    Property type
    Self service car washes
    APN
    140-24-057L
    APU
    14024057L

    Description

    This exceptional investment opportunity presents a thriving car wash business located at 6321 S Park Avenue in Tucson, Arizona. The property encompasses a substantial 2,392 square feet situated on a 0.29-acre lot, providing ample space for operations and potential expansion. The car wash is a self-service model, offering customers a variety of cleaning options, including an engine cleaner, ensuring a comprehensive and convenient car washing experience. The business is currently operational and established, presenting a turnkey solution for a prospective buyer. Financial records are available upon request to qualified parties, allowing for a thorough due diligence process. The property's strategic location in Tucson offers high visibility and accessibility, contributing to the business's consistent performance. The asking price for this profitable car wash business is $350,000. This represents a compelling investment opportunity in a growing market, offering significant potential for return on investment. The sale includes all existing equipment and fixtures, allowing for a seamless transition of ownership. Serious inquiries only. All information provided is deemed reliable but not guaranteed and should be independently verified. Contact us today to schedule a showing and explore this exciting opportunity further. This is a rare chance to acquire a well-established and profitable business in a desirable location. Don't miss out on this exceptional investment opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Tucson
    County
    Pima
    State
    Arizona
    Longitude
    -110.956
    Latitude
    32.1372
    CBSA code
    46060
    CBSA name
    TUCSON, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,644
    $8,025
    $28,573
    $36,598
    -
    $44,583
    $158,737
    $203,320

    Comparable in this City

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      5802 Palo Verde Rd

      CAR WASH - SELF-SERVE • 1,888 SF
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    • Value Estimation
      $4,800,000
      4,812 SF

      4657 Valencia Rd

      CAR WASH - AUTOMATED • 4,812 SF
      4657 Valencia Rd, Tucson, AZ 85706-5030
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    • Value Estimation by Request
      2,327 SF

      5701 12th Ave

      CAR WASH - AUTOMATED • 2,327 SF
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    • Value Estimation by Request
      4.36 Acres

      5055 Sunbelt Ave

      VEHICLE SALES, RENTALS • 4.36 Acres
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    • Value Estimation by Request
      440 SF

      5842 Palo Verde Rd

      AUTO REPAIR, GARAGE • 440 SF
      5842 Palo Verde Rd, Tucson, AZ 85706-7738
      View Details

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    Similar Nearby for Lease

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      14,560 SF

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      Freestanding Retail Space Available

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      Flex Space and Land Available

      Flex space and land available for lease.
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      Accessible Tucson Warehouse Space Available

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    View Listing
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    Tucson, AZ 85706
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    6321 Park Ave, Tucson, AZ, 85706

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