4775 5Th Street HwyTemple, PA 19560

  • Car washes
  • 1,504 SF
For Sale
$2,900,000 View listing

Property Details for 4775 5Th Street Hwy

Year built
1971
Lot size
1.02 AC
Property size (Sq ft)
1,504 SF
Property type
Car washes
APN
5309-11-75-4760
APU
530911754760

Description

This exceptional investment opportunity presents a thriving, hybrid tunnel car wash located at 4775 5th Street Highway in Temple, Pennsylvania. The property encompasses 1.02 acres of land and boasts a substantial 44,130 square feet building. Its prime location offers significant advantages, situated amongst numerous commercial anchors and benefiting from high Average Annual Daily Traffic (AADT) counts. This translates to a consistently strong customer base and robust revenue generation. The car wash is currently a cash-flowing business, presenting a compelling investment opportunity for those seeking immediate returns. The seller is offering a unique dual-option sale: the entire business and land can be purchased together, providing a complete and lucrative package of appreciating real estate and a profitable enterprise. Alternatively, the business itself is available for sale on a Net, Net, Net (NNN) lease basis. Detailed financial information, including valuation, an offering memorandum, project site specifics, and EBITDA numbers, are available upon request. Serious buyers will receive in-depth financials after signing a non-disclosure agreement (NDA) and providing proof of funds. This is an ideal acquisition for investors looking to expand their portfolio with a proven, high-performing asset in a desirable location. The asking price for this exceptional opportunity is $2,900,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $341,249
    6.5%
    $314,999
    7%
    $292,499
  • Comparable approach

    Method
    Valuation
    Relative Method
    $290,622
    Geo Method
    $495,212
  • Alternative Use

    Use
    Valuation
    Residential
    $265,714
    Hospitality
    $243,392
    Educational
    $202,500
    Medical
    $209,464
    Retail
    $314,999

Location Insight

City
Temple
County
Berks
State
Pennsylvania
Latitude
40.4053
Longitude
-75.9274
CBSA code
39740
CBSA name
READING, PA 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
2024
$5,544
$254,800
$139,900
$394,700
-
$254,800
$139,900
$394,700

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