Property profile

901 Adj W 9th St Muncie, IN 47302

OFF-MARKET
Car washes
Property ID
US31-2210382
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional turn-key car wash business in Muncie, Indiana presents a lucrative investment opportunity. Located at 901 W 9th St, this single-story, 2,843 square foot facility sits on a spacious 26,350 square foot lot, zoned for Business Variety (APN: 18-11-16-454-002.000-003). Built in 1979, the property boasts a recently updated roof (approximately 5 years old, per seller). The car wash features five manual wash bays, supplemented by two to three vacuum/shampoo islands, along with coin-operated product and vending machines. A crucial water reclamation system is also in place. The business model is entirely coin-operated, generating consistent income. Real estate taxes for 2024 are estimated at $2,082. This established car wash offers a seamless transition for a new owner, with all the necessary equipment and infrastructure in place for immediate profitability. The asking price for this exceptional property is $270,000, representing a price per square foot of $94.97. This is a rare chance to acquire a well-established, income-producing business in a desirable location. Don't miss this opportunity to own a thriving car wash in Muncie, Indiana.

Property profile

Verified
Property type Car washes
Use group CAR WASH
APN 18-11-16-454-001.000-003
UPID US31-2210382

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

901 Adj W 9th St Muncie, IN 47302
Muncie metro Census 400 MUNCIE, IN METROPOLITAN STATISTICAL AREA
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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
$215k

Owner & transaction history

since 2025
1 recorded transaction
2025
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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