222 Blanding BlvdOrange Park, FL 32073

  • Car washes
  • 6,682 SF
For Sale
$4,650,000 View listing

Property Details for 222 Blanding Blvd

Year built
2022
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
2.04 AC
Property size (Sq ft)
6,682 SF
Zone code
BB
Property type
Car washes
APN
06-04-26-010683-005-03
APU
6042601068300503

Description

This exceptional investment opportunity presents a thriving, express car wash facility in Orange Park, Florida. Located at 222 Blanding Blvd, this 2022-built property sits on a spacious 2.036-acre lot in Clay County (zip code 32073). The single-story building encompasses 5,200 square feet and features a 124-foot tunnel system, ensuring efficient and high-volume operation. The car wash is equipped with 19 vacuum stations and two convenient pay stations, catering to customer needs. The asking price for this turnkey operation is $4,650,000. This presents a unique chance for owner-operators to acquire a well-established, high-performing business with significant growth potential. The property's recent construction (July 2022) ensures modern equipment and minimal maintenance needs. Its strategic location in Orange Park, Florida, offers excellent visibility and accessibility, contributing to its strong performance. This is a rare opportunity to acquire a profitable, established car wash business in a desirable market. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,121,178
    6.5%
    $1,958,010
    7%
    $1,818,152
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,145,196
    Geo Method
    $1,145,196
  • Alternative Use

    Use
    Valuation
    Residential
    $1,651,655
    Hospitality
    $1,512,907
    Educational
    $1,258,721
    Medical
    $1,302,010
    Retail
    $1,958,010

Location Insight

City
Orange Park
County
Clay
State
Florida
Latitude
30.1759
Longitude
-81.7451
CBSA code
27260
CBSA name
JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$25,892
$1,175,129
$530,032
$1,705,161
-
$1,175,129
$530,032
$1,705,161

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