15651 Palm WayIndiantown, FL 34956

Property Details for 15651 Palm Way

Year built

1989

Lot size

0.37 AC

Property size (Sq ft)

2,268 SF

Property type

Automotive properties

APN

05-40-39-006-004-00070-4

APU

54039006004000704

Description

This fully operational car wash presents a unique investment opportunity in the thriving town of Indiantown, Florida. The 2,268 square foot property, built in 1989, boasts three wash bays – two self-service and one automatic – along with three vacuum stations. A convenient on-site office and change machine enhance operational efficiency. Security is ensured with a comprehensive camera system. The property's strategic location in the heart of Indiantown provides excellent visibility and accessibility, situated near key amenities such as banks, restaurants, and the post office, ensuring a consistent flow of customers. The single-unit building sits on a lot with no recorded square footage. This turnkey operation offers immediate income potential and is ideally suited for an investor seeking a profitable, established business in a high-demand market. The asking price for this exceptional retail property is $899,900. This is a rare opportunity to acquire a well-established and profitable business in a prime location. Don't miss out on this chance to own a piece of Indiantown's commercial landscape. The property is located at 15651 SW Palm Way, Indiantown, FL 34956.

• CAP approach

  CAP return

  Valuation

  6%

  $1,177,587

  6.5%

  $1,087,003

  7%

  $1,009,360

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,456,902

  Geo Method

  $1,456,902

• Alternative Use

  Use

  Valuation

  Residential

  $916,928

  Hospitality

  $839,901

  Educational

  $698,788

  Medical

  $722,820

  Retail

  $1,087,003

Location Insight

City

Indiantown

County

Martin

State

Florida

Latitude

27.0198

Longitude

-80.4669

CBSA code

38940

CBSA name

PORT ST. LUCIE-FORT PIERCE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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