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1014 New Moody Ln
La Grange, KY 40031
La Grange Car Wash Portfolio (2 sites) · Specialty Property For Sale
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3,825 SF
Investment Highlights
- Opportunity to acquire the building, business, Valvoline Lease and underlying real estate on 2 properties outside of Louisville, KY.
- The Washmasters location is an out parcel to Walmart which sees over 1.73 million visits per year according to AlphaMaps data and La Grange Auto Bath
- Valvoline recently executed a 10-year lease with four, 5-year options at the Washmasters location which provides additional passive income.
- Many replacements have been made to both sites in the past two years including over $200,000 in Capital Expenditures improving both locations.
- The washes do not currently offer a monthly membership program which provides a great upside potential in increasing monthly revenues.
- La Grange, KY is set to grow over 4% in the next 5 years according to CoStar data with significant new construction in the area.
Property Facts
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Car Wash | Year Built | 1998 |
| Building Class | C | Parking Ratio | 2.38/1,000 SF |
| Lot Size | 0.96 AC | No. Drive In / Grade-Level Doors | 4 |
| Building Size | 3,825 SF | Cross Streets | I-71 |
| Zoning | CM - Commercial | ||
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 0.96 AC |
| Building Size | 3,825 SF |
| No. Stories | 1 |
| Year Built | 1998 |
| Parking Ratio | 2.38/1,000 SF |
| No. Drive In / Grade-Level Doors | 4 |
| Cross Streets | I-71 |
| Zoning | CM - Commercial |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,045,000 | |
| Land Assessment | $575,000 | Total Assessment | $1,620,000 |
Property Taxes
Parcel Numbers
Land Assessment
$575,000
Improvements Assessment
$1,045,000
Total Assessment
$1,620,000
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