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318 W Shannon Pky 4,500 SF Specialty Building Offered at $7,999,900 in Visalia, CA 93291
Investment Highlights
- RIME LOCATION, NEAR MAJOR INTERSECTION ACROSS FROM COMMUNITY SHOPPING CENTER
- Prime Location for Flex Car Wash: Offer FULL SERVICE + EXPRESS CAR WASH, Increase Revenues Instantly
- Bubble Zone Express Car Wash was built ground up in late 2022 and is equipped with top tier McNeil equipment - currently part of NCS
- Absentee Ownership, Seller lives out of the area. Hands on Operator can offer Combo Flex Car Wash Services
Executive Summary
• PRIME LOCATION, NEAR MAJOR INTERSECTION ACROSS FROM COMMUNITY SHOPPING CENTER
• Bubble Zone Express Car Wash was built ground up in late 2022 and is equipped with top tier McNeil equipment - currently part of NCS Car Wash Equipment Co.
• Car Wash offers Express Car Wash Services and Mobil Wash and Auto Detail Services. “Owner simply says if you cannot come to us we will go to you”
• Due to absentee ownership, Mobil Wash unit is on hold, until new owner assumes management and makes necessary arrangements
• Fast growing area, with over 150-unit apartment complex and new house developments
• Absentee ownership - current owner resides over 200 miles away from the Business location
• Hands on owner can increase monthly membership subscriptions instantly by offering incentives and focusing on customer engagement
• Flex Car Wash - Offer Full Service and Express Car Wash combo packages to increase sales revenues
• Real Property appraised in September 2022 for $5,890,000. Seller believes the Business and Equipment is valued at around $3,100,000
• Strong demographics, population over 146,000, within 5 miles radius, and daytime employee around 55,830. See demographics
• AI overview: Visalia is currently experiencing development in both residential and commercial sectors. Two significant commercial projects, a Chick-fil-A restaurant and a Sam's Club gas station, are moving forward in the same shopping center. Additionally, a new wave of high-quality manufactured homes is being introduced at Rancho Fiesta Mobile Estates. Visalia is also seeing population growth and is considered relatively affordable compared to coastal California cities.
• Bubble Zone Express Car Wash was built ground up in late 2022 and is equipped with top tier McNeil equipment - currently part of NCS Car Wash Equipment Co.
• Car Wash offers Express Car Wash Services and Mobil Wash and Auto Detail Services. “Owner simply says if you cannot come to us we will go to you”
• Due to absentee ownership, Mobil Wash unit is on hold, until new owner assumes management and makes necessary arrangements
• Fast growing area, with over 150-unit apartment complex and new house developments
• Absentee ownership - current owner resides over 200 miles away from the Business location
• Hands on owner can increase monthly membership subscriptions instantly by offering incentives and focusing on customer engagement
• Flex Car Wash - Offer Full Service and Express Car Wash combo packages to increase sales revenues
• Real Property appraised in September 2022 for $5,890,000. Seller believes the Business and Equipment is valued at around $3,100,000
• Strong demographics, population over 146,000, within 5 miles radius, and daytime employee around 55,830. See demographics
• AI overview: Visalia is currently experiencing development in both residential and commercial sectors. Two significant commercial projects, a Chick-fil-A restaurant and a Sam's Club gas station, are moving forward in the same shopping center. Additionally, a new wave of high-quality manufactured homes is being introduced at Rancho Fiesta Mobile Estates. Visalia is also seeing population growth and is considered relatively affordable compared to coastal California cities.
Property Facts
| Price | $7,999,900 | Building Class | C |
| Price Per SF | $1,777.76 | Lot Size | 0.69 AC |
| Sale Type | Investment or Owner User | Building Size | 4,500 SF |
| Sale Condition | Business Value Included | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2023 |
| Property Subtype | Car Wash | ||
| Zoning | CMU | ||
| Price | $7,999,900 |
| Price Per SF | $1,777.76 |
| Sale Type | Investment or Owner User |
| Sale Condition | Business Value Included |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 0.69 AC |
| Building Size | 4,500 SF |
| No. Stories | 1 |
| Year Built | 2023 |
| Zoning | CMU |
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Property Taxes
| Parcel Number | 079-071-036-000 | Improvements Assessment | $409,917 |
| Land Assessment | $785,502 | Total Assessment | $1,195,419 |
Property Taxes
Parcel Number
079-071-036-000
Land Assessment
$785,502
Improvements Assessment
$409,917
Total Assessment
$1,195,419
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318 W Shannon Pky
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