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1623 Yosemite Blvd 2,180 SF Specialty Building Offered at $3,650,000 in Modesto, CA 95354
Investment Highlights
- Touchless IBA's are less than 5 years old
- Fence property for improved security
- Two-lane RFID membership system
Executive Summary
Positioned on a high-visibility corridor in Modesto, this fully renovated car wash at 1623 Yosemite Blvd offers a turnkey investment with strong in-place cash flow and upside potential. The property features a new state-of-the-art automatic tunnel, two in-bay automatics, and three upgraded self-serve bays, complemented by a two-lane RFID membership system designed to drive recurring revenue. Significant capital improvements completed between 2021–2024 provide modernized equipment and efficient operations, while the fenced site enhances security and functionality. With an 8.2% current cap rate and projected growth to over 10%, this asset presents an attractive opportunity for both investors and owner-operators seeking a stabilized, high-performing car wash in a strong retail corridor.
Property Facts
| Price | $3,650,000 | Building Class | C |
| Price Per SF | $1,674.31 | Lot Size | 0.45 AC |
| Sale Type | Owner User | Building Size | 2,180 SF |
| Sale Condition | Business Value Included | No. Stories | 1 |
| Property Type | Specialty | Year Built/Renovated | 1973/2024 |
| Property Subtype | Car Wash | Parking Ratio | 2.98/1,000 SF |
| Price | $3,650,000 |
| Price Per SF | $1,674.31 |
| Sale Type | Owner User |
| Sale Condition | Business Value Included |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 0.45 AC |
| Building Size | 2,180 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1973/2024 |
| Parking Ratio | 2.98/1,000 SF |
Amenities
- Controlled Access
- Signage
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 116-03-15 | Improvements Assessment | $100,614 |
| Land Assessment | $214,351 | Total Assessment | $314,965 |
Property Taxes
Parcel Number
116-03-15
Land Assessment
$214,351
Improvements Assessment
$100,614
Total Assessment
$314,965
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1623 Yosemite Blvd
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