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Property profile & analytics
OFF-MARKET
Self service car washes

660 Peosta St Peosta, IA 52068-9700

2,520 SF 2.29 ac lot Built 2005
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US25-0651419
Property summary
AI-generated overview

This exceptional car wash business in Peosta, IA, presents a lucrative investment opportunity. Built in 2005 on a 0.43-acre lot (APN 1409253014), this single-story, commercially zoned property boasts a strong reputation and loyal customer base. The facility includes a Premier Mark VII automatic bay wash/dry system, two manual wash bays (one accommodating semi-tractors), two vacuum areas, and an accessory dispenser, all equipped for cash and credit card payments. Significant upgrades were completed in 2017 (nearly $200,000 in building improvements and new automatic wash options) and the parking lot was upgraded in 2023. The property features in-floor heat/forced air and heated outdoor concrete pads. All equipment is in excellent condition and meticulously maintained. This turnkey operation includes all mechanicals, fixtures, and inventory, offering immediate positive cash flow. Located in a rapidly growing community with a strong job base, low tax rate, and new infrastructure, this car wash enjoys a prime location in a thriving business and residential district, conveniently situated off Highway 20. The asking price is $769,500.

Property profile
Verified
Property type Self service car washes
Use group CAR WASH - SELF-SERVE
Year built 2005
Total area 2,520 SF
Lot 2.29 ac (99,622 SF)
APN 14-09-253-013
UPID US25-0651419
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Cedar Ridge Construction Jjs LLC · 1 yrs held
Cedar Ridge Construction Jjs LLC
since 2024
2 recorded transactions
2024
$730,000
2015
$39,500
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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