2030 Church StZachary, LA 70791

Property Details for 2030 Church St

Year built

1981

Lot size

0.44 AC

Property size (Sq ft)

1,491 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

3038939

APU

3038939

Description

This exceptional investment opportunity presents a thriving, established car wash business and its underlying real estate located at 2030 Church St, Zachary, LA 70791. The 1,645 square foot storefront sits on a 0.45-acre lot (APN 3038939) in a high-traffic area with approximately 28,754 vehicles passing daily. The property boasts approximately 116.12 feet of frontage on Hwy 64, providing excellent visibility. The car wash features a drive-thru automatic system, two vacuum stations, and an air pump station, all independently metered. The 2022 Net Operating Income (NOI) was $129,585.12. This property benefits from its prime location directly adjacent to a Rouses Market-anchored retail center, including ACE Hardware, Redbox, and Anytime Fitness, and is approximately one minute from the retail-dense Hwy 64 and Hwy 964 intersection. The sale includes all fixtures, furniture, and equipment (FF&E), and the current owner will provide 90 days of post-closing training for the new operator. The property is zoned CG and has a recent appraisal of $1,600,000. This offering presents a unique opportunity to acquire a profitable business and valuable real estate in a strong retail corridor. The property is available for purchase individually or as part of a package deal that includes another operating car wash at 5912 Main Street. This is a turnkey operation ready for immediate income generation.

• CAP approach

  CAP return

  Valuation

  6%

  $252,877

  6.5%

  $233,425

  7%

  $216,752

• Comparable approach

  Method

  Valuation

  Relative Method

  $176,289

  Geo Method

  $691,905

• Alternative Use

  Use

  Valuation

  Residential

  $233,425

  Hospitality

  $213,816

  Educational

  $177,892

  Medical

  $184,010

  Retail

  $276,722

Location Insight

City

Zachary

County

East Baton Rouge

State

Louisiana

Latitude

30.653

Longitude

-91.1831

CBSA code

12940

CBSA name

BATON ROUGE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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