11401 12Th StSweetwater, FL 33172

Property Details for 11401 12Th St

Year built

2000

Lot size

100.78 AC

Property size (Sq ft)

2,059,169 SF

Zone code

6400:COMMERCIAL,CENTRAL

Property type

Retail properties

Property subtype

Super regional malls

APN

25-3031-027-0010

APU

2530310270010

Description

This exceptional business opportunity presents a well-established hand car wash located at 11401 NW 12th St, Sweetwater, FL. Boasting a substantial 2,512,642 square feet of space, this car wash is strategically positioned to serve the high traffic volume generated by the nearby Dolphin Mall and surrounding community. Established in 2017, this profitable partnership-run business has demonstrated consistent year-over-year growth. The car wash is designed to efficiently service eight vehicles simultaneously, maximizing throughput and revenue. The sale includes all existing inventory, ensuring a seamless transition for the new owner. This thriving business targets a diverse clientele, including individual car owners and leasers, local car dealerships, and businesses in the area, providing a strong and diversified revenue stream. The business's proven track record of success and its prime location make this an exceptional investment opportunity with significant potential for continued growth and increased profitability. The expansive size of the property offers ample room for potential expansion or diversification of services. This is a turnkey operation ready for immediate ownership and continued success. Financial details are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $858,223,424

  6.5%

  $792,206,272

  7%

  $735,620,096

• Comparable approach

  Method

  Valuation

  Relative Method

  $731,871,488

  Geo Method

  $731,871,488

• Alternative Use

  Use

  Valuation

  Residential

  $668,255,616

  Hospitality

  $612,118,528

  Educational

  $509,275,456

  Medical

  $526,790,208

  Retail

  $792,206,272

Location Insight

City

Sweetwater

County

Miami-dade

State

Florida

Latitude

25.7876

Longitude

-80.3803

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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