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

Retail properties

Property subtype

Other 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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