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Property profile & analytics
OFF-MARKET Estimated value $600,000
Car washes

836 7th NW St Rochester, MN 55901-2653

4,320 SF 0.81 ac lot Built 1979
Entity Owned 6-yr Hold Free & Clear
Property ID
US46-1354032
Property summary
AI-generated overview

This exceptional investment opportunity presents a 7-bay, full self-service car wash located at 836 7th St NW, Rochester, MN 55901. Built in 1979 and renovated in 2003, this 4,320 square foot facility sits on a 0.82-acre lot. The car wash boasts a strong 10% capitalization rate and generates a substantial $275,000 in gross annual income. With seven full self-service bays, it caters to the high daily demand in this thriving Rochester location. The property benefits from extremely strong population metrics within a 3, 5, and 10-mile radius, ensuring continued high occupancy and strong returns. This well-established car wash presents a rare chance to acquire a high-performing asset in a rapidly growing market, offering a secure and profitable investment. The property's consistent performance history and prime location make it an attractive option for discerning investors seeking a stable, high-yield investment in the robust Rochester, Minnesota market. Olmsted County's favorable demographics further enhance the long-term potential of this exceptional car wash business.

Property profile
Verified
Property type Car washes
Use group CAR WASH
Year built 1979
Total area 4,320 SF
Lot 0.81 ac (35,284 SF)
APN 74.35.23.001338
UPID US46-1354032
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
$605k
CAP Approach CAP
by Request
Comparable Approach Comparable
$548k
Blend (final) Blend
$600k
Owner & transaction history
Allstate Car Wash And Storage LLC · 6 yrs held
Allstate Car Wash And Storage LLC
since 2020
Last sale
$600,000
1 recorded transaction
2020
$600,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $695,000 +1.7%
Commercial (general) $685,000 +0.0%
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