16223 James Madison HwyDillwyn, VA 23936
- Other commercial real estate
- 0.88 AC
Property Details for 16223 James Madison Hwy
- Lot size
- 0.88 AC
- Property type
- Other commercial real estate
- APN
- 125-2-2A
- APU
- 12522A
Description
This thriving car wash business, known as Washbox Carwash, is located at 16223 N James Madison Highway in Dillwyn, Virginia. The 1,992 square foot facility sits on a 0.88-acre lot and is offered at $875,900. The well-established car wash boasts a mix of self-serve and touch-free bays, catering to a wide range of customer needs. The current setup includes one automatic bay, three regular self-serve bays, and a spacious bay designed for larger trucks. Significant upgrades and improvements have been implemented across multiple locations within the last two to three years, enhancing operational efficiency and customer experience. This presents a unique opportunity to acquire a profitable, established business with the potential for increased revenue through the addition of monthly subscription services. The seller also owns other properties, including commercial properties in Farmville, Virginia (listed at $2,999,900), a property in Amelia, Virginia (listed at $450,000), and a property in an undisclosed location including a leasehold interest (listed at $989,900). The seller may consider selling these properties together. This is a turnkey operation ideally situated in the Richmond metro area, offering immediate income generation and significant growth potential. The property's prime location ensures high visibility and consistent customer traffic. This presents a rare opportunity to acquire a profitable and established business with a strong track record.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $6,558,469
- Hospitality
- $6,007,522
- Educational
- $4,998,188
- Medical
- $5,170,084
- Retail
- $7,774,959
Location Insight
- City
- Dillwyn
- County
- Buckingham
- State
- Virginia
- Latitude
- 37.5451
- Longitude
- -78.473
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
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