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Property profile & analytics
OFF-MARKET Estimated value $1,360,000
Car washes

90 Belleview Ave Englewood, CO 80110-6606

2,603 SF 0.38 ac lot Built 1989
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US13-0042371
Property summary
AI-generated overview

This exceptional car wash opportunity in Englewood, Colorado, presents a compelling investment prospect. Located at 90 W Belleview Ave, this 2,603 square foot facility sits on a 0.38-acre lot and boasts a prime location along the Broadway corridor, experiencing high daily traffic volume of nearly 85,000 vehicles. The property underwent a complete renovation in 2017, resulting in a modern and updated appearance. The car wash features three self-serve bays and two Istobal automatic wash bays, ensuring efficient and high-quality service. Five J.E. Adams vacuum cleaners are also available for customer use. Additional amenities include a two-inch water tap and a new B&B membership app. The property's financial performance demonstrates significant growth, with wash volume increasing from 15,133 in 2018 to 23,869 in 2020, representing a 40% year-over-year income growth. The strategic location benefits from the nearby "Hive" redevelopment project, which includes significant retail and commercial space, further enhancing the property's visibility and potential. Detailed financial information is available upon request and execution of a confidentiality agreement. This is a turnkey operation ready for a new owner to step in and continue the success.

Property profile
Verified
Property type Car washes
Use group CAR WASH
Year built 1989
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,603 SF
Lot 0.38 ac (16,553 SF)
APN 2077-15-2-01-091
UPID US13-0042371
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
Current use
Occupant on record · Public records
  • B & B Auto Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.54M
Blend (final) Blend
$1.36M
Owner & transaction history
Messer Properties LLC · 10 yrs held
Messer Properties LLC
since 2016
7 recorded transactions
2023
Price N/A
2016
Price N/A
2016
$600,000
2007
$550,000
2004
$700,000
1999
$438,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $1.5M +19.0%
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