872 River Hwy, Mooresville, NC 28117
For Sale
1 / 14
This exceptional turn-key car wash business and accompanying real estate presents a rare investment opportunity in Mooresville, North Carolina. Located at 872 River Hwy, this 1,669 square foot facility sits on a 0.51-acre lot (APN: 4637-78-9653.000) and boasts a highly profitable operational history. The asking price is $925,000. Currently operating with zero employees, this largely passive ownership model offers significant potential for growth. The business benefits from over 170 monthly memberships, exhibiting year-over-year growth in both car washes and revenue. Recent extensive upgrades include a new digital advertisement sign, updated pay station, new track system, new air mitters, new LED lighting, and other equipment improvements. The property enjoys a prime location on a main retail thoroughfare, with convenient proximity to Harris Teeter, Sam's Club, and Target. Furthermore, the surrounding area is experiencing significant residential development, including new multi-family and single-family homes, promising continued growth in customer base. The current owner does not engage in active advertising, suggesting further untapped revenue potential. Market analysis projects an 11.51% population increase within one mile and a 9.45% increase within three miles. The property is also subject to bonus depreciation (consult with your CPA for details). This is a truly exceptional opportunity for a hands-off, high-return investment in a thriving community.
-
Finish Line Auto Wash Car Wash
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CM · Mooresville, NCMooresville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.