1888 Midland TrlShelbyville, KY 40065

  • Other commercial real estate
  • 1.59 AC
For Sale

Property Details for 1888 Midland Trl

Lot size
1.59 AC
Property type
Other commercial real estate
APN
041-00-004H
APU
04100004H

Description

This exceptional investment opportunity presents a portfolio of six established, self-serve and in-bay car washes strategically located across Kentucky and Indiana. The portfolio includes locations in Shelbyville, New Albany (two locations), Sellersburg, and Louisville (two locations), offering diverse market penetration and strong revenue potential. The properties boast a combined square footage ranging from 3,000 to 22,000 square feet, catering to a wide range of customer needs and ensuring consistent traffic. Each location is situated for optimal visibility and accessibility, maximizing customer convenience and operational efficiency. This diversified portfolio offers a compelling investment opportunity for those seeking a stable and growing presence in the thriving car wash industry. The geographic spread across multiple cities and counties in both Kentucky and Indiana minimizes risk and maximizes potential returns. This is a turnkey operation ready for immediate income generation. Detailed financial information and property specifics are available upon request. The portfolio's strategic locations and established customer base provide a solid foundation for future growth and expansion. This is an exceptional opportunity to acquire a well-established and profitable car wash business. The portfolio is offered as a complete package, providing a seamless transition for the new owner.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $14,152,604
    Hospitality
    $12,963,709
    Educational
    $10,785,653
    Medical
    $11,156,589
    Retail
    $16,777,684
1888 Midland Trl, Shelbyville, Kentucky

Location Insight

City
Shelbyville
County
Shelby
State
Kentucky
Latitude
38.212
Longitude
-85.2523
CBSA code
31140
CBSA name
LOUISVILLE-JEFFERSON COUNTY, KY-IN 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
$4,355
-
-
$410,000
-
-
-
$410,000

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