47281 NC 12 Hwy
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47281 NC 12 Hwy
1,296 SF Specialty Building Offered at $840,000 at a 6.19% Cap Rate in Buxton, NC 27920
Investment Highlights
- Heavy Seasonal Traffic
Executive Summary
Located in the heart of Buxton, NC, this established car wash offers a prime opportunity for business ownership in a high-traffic area. The facility features three wash bays: one fully automated for effortless, drive-through cleaning, and two self-service bays for hands-on car care. Situated in a convenient location, this car wash is ideal for both locals and visitors, capturing traffic from nearby businesses, beachgoers, and tourists exploring the Outer Banks. Prime location in a popular coastal town. One automatic bay for easy, efficient washes. Two self-wash bays for customers who prefer detailed cleaning. This is a great opportunity for an entrepreneur looking to invest in a profitable, easy-to-operate business in a growing community. Don’t miss out on this unique investment in Buxton! Financials will be available by request with a signed confidentiality agreement. NDA required for financial information.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $840,000 | Building Class | C |
| Price Per SF | $648 | Lot Size | 0.47 AC |
| Sale Type | Investment or Owner User | Building Size | 1,296 SF |
| Cap Rate | 6.19% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2010 |
| Property Subtype | Car Wash | Parking Ratio | 1.54/1,000 SF |
| Price | $840,000 |
| Price Per SF | $648 |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.19% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 0.47 AC |
| Building Size | 1,296 SF |
| No. Stories | 1 |
| Year Built | 2010 |
| Parking Ratio | 1.54/1,000 SF |
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PROPERTY TAXES
| Parcel Number | 026515000 | Total Assessment | $339,300 (2024) |
| Land Assessment | $182,300 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $157,000 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
026515000
Land Assessment
$182,300 (2024)
Improvements Assessment
$157,000 (2024)
Total Assessment
$339,300 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
zoning
| Zoning Code | GB (General Business) |
| GB (General Business) |
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47281 NC 12 Hwy
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