1200 Murray AveVisalia, CA 93291

Property Details for 1200 Murray Ave

Lot size

0.23 AC

Zone code

CSO

Property type

Retail properties

Property subtype

Other retail properties

APN

093-241-008-000

APU

93241008000

Description

This exceptional car wash opportunity at 1200 W Murray Ave, Visalia, CA 93291, presents a compelling investment prospect. The property, zoned CSO, boasts a substantial lot size ranging from 10,065 to 11,239 square feet, accommodating a building with a sizable footprint between 4,000 and 8,000 square feet. Priced at $1,450,000, this special-purpose property offers significant potential for value appreciation. Located in Tulare County, this car wash presents a turnkey operation with immediate income generation. The property's strategic location in Visalia provides excellent visibility and accessibility for customers. While specific details regarding existing leases or building features beyond size are not available, the property's strong location and substantial size suggest a promising return on investment. This is a rare opportunity to acquire a well-situated car wash in a growing California market. Serious inquiries are encouraged to explore this lucrative investment further. Further details are available upon request. The property is classified as a value-add investment, suggesting potential for further improvements and increased profitability. This is an ideal acquisition for investors seeking a strong, established business in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,097,510

  6.5%

  $1,936,163

  7%

  $1,797,866

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,368,064

  Geo Method

  $4,823,180

• Alternative Use

  Use

  Valuation

  Residential

  $1,633,226

  Hospitality

  $1,496,026

  Educational

  $1,244,676

  Medical

  $1,287,483

  Retail

  $1,936,163

Location Insight

City

Visalia

County

Tulare

State

California

Latitude

36.3339

Longitude

-119.305

CBSA code

47300

CBSA name

VISALIA-PORTERVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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