Property is located in an area of high demand with new and recent commercial and residential development. Property has current cash flow from an operating full service car wash business; however, this is considered an interim use. Due to the demand of commercial services in the area, the likely buyer would be an owner-occupant who would redevelop the site or renovate the current improvements for a more intensive commercial use, such as auto service, restaurant/brewery, medical, or another allowable commercial use. Considering the size of the site, another possible use would be for multifamily development. The property is surrounded by new commercial development including newly constructed Publix, Apartment Complex, Chick-Fil-A, newly renovated Lowes Food across the street, new construction across the street is under development currently, Dunkin Donuts, Lowes Home Improvement, etc. See complete listing package for comps and recent third party BPO.
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