2222 Spring Clean AveTerre Haute, IN 47805

Property Details for 2222 Spring Clean Ave

Year built

1994

Construction

WOOD

Lot size

1.48 AC

Property size (Sq ft)

2,372 SF

Property type

Car washes

APN

84-06-02-376-009.000-002

APU

840602376009000002

Description

This profitable car wash in Terre Haute, Indiana, is offered for sale at $699,900. The 2,948 square foot facility sits on a 1.48-acre lot and features three automated bays and five manual bays, catering to a variety of customer needs and preferences. Built in 1994, the property includes two single-story buildings and is zoned C-3, allowing for continued operation as a car wash. The layout is designed for efficient car flow, even during peak hours. Dedicated maintenance and storage areas ensure equipment is readily accessible for servicing and repairs, minimizing downtime. The property's location in Vigo County, at 2222 Spring Clean Ave, Terre Haute, IN 47805, ensures high visibility and accessibility for customers. This well-established business presents a strong investment opportunity for a buyer seeking a turnkey operation in a thriving market. The property's APN is 84-06-02-376-009.000-002. This is a for sale by owner listing.

• CAP approach

  CAP return

  Valuation

  6%

  $498,473

  6.5%

  $460,129

  7%

  $427,263

• Comparable approach

  Method

  Valuation

  Relative Method

  $514,538

  Geo Method

  $514,538

• Alternative Use

  Use

  Valuation

  Residential

  $388,136

  Hospitality

  $355,531

  Educational

  $295,797

  Medical

  $305,970

  Retail

  $460,129

Location Insight

City

Terre Haute

County

Vigo

State

Indiana

Latitude

39.5091

Longitude

-87.3834

CBSA code

45460

CBSA name

TERRE HAUTE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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