$ 8,500,000
4620 Post ST El Dorado Hills, CA 95762
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In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 8,500,000
Est. payment /mo
Active
4620 Post ST El Dorado Hills, CA 95762
0.92 Acres Lot
UPDATED:
09/30/2024 06:20 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML81979981
HOA Y/N No
Year Built 2005
Annual Tax Amount $95,000
Lot Size 0.920 Acres
Property Description
An opportunity to acquire Suds Car Wash & Detail, a Class-A full-service automobile cleaning and detailing facility located in the highly desirable community of El Dorado Hills, Ca., and nestled within the the upscale lifestyle center of El Dorado Hills Town Center. With high barriers to entry and the only provider of these services in this county, the nearest wash competitor is located +/-10 miles away in Cameron Park and +/-8 miles in Folsom. This location further benefits from being the most densely populated region of El Dorado County, with 44,000 residents who, on an average, possess higher educational qualifications and an average annual household income of $198,874. With a 2024 annualized acquisition Cap Rate of 8.7%, this purchase allows the investor/operator a fee simple, turn-key car wash & detail operation with long term employees on hand and existing income in place. Car washes with on-site detail like Suds are highly sought-after investment opportunities, particularly in California's climate, which is conducive to maintaining the ever increasing high-end vehicles on the road. Drive-by or customer wash tours only! Please do not discuss with employees.
Location
State CA
County El Dorado
Area 699 - Not Defined
Zoning CG
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Roof Type Elastomeric
Total Parking Spaces 12
Building
Story 1
Water Public
Others
Tax ID 121300018000
Listed by Kelly Rivett • Cornish & Carey Commercial