113 S Valrico ROAD S, Valrico, FL, 33595 | $1,980,000

Welcome to Flippers Car Wash and retail center: The property is located on 1. 5 acres.

Flippers Car Wash offers the ultimate car cleaning experience with the state-of-the-art facilities. Car wash includes a high-efficiency tunnel wash and five convenient self-service bays.

High visibility: Located on a busy road with approximately 15, 000 traffic a day. Publix shopping center , CVS , Chase Bank, Speedy Gas station, Verizon wireless and other high profile retailers located within 1000 ft. Excellent visibility and easy access.
Ample Parking; Plenty of parking spaces for customers and retail tenants
Growth Potential: opportunity to expand services: Detail center, Pet wash services and by developing additional retail units and offices.
Turnkey Operation: fully operational with established customer base and trained staff. Credit card and cash transactions accepted for all services.
Financials:
Property features 2 leased retail spaces and upstairs office that generate additional monthly revenue.
Self-service Vacuums generate additional revenue.
Monthly subscriptions generate a consistent income Stream.
Property includes . 5 acres Vacant land zoned for commercial development.

Financing: conventional financing, SBA and other financing options are available.
Great investment opportunity with current cap rate at 7. Potential as high as 15. Owner is highly motivated
Call me and we can discuss all options available for financing this fantastic business and real estate opportunity.

Features

  • Property Type: Business
  • Construction: Brick, Concrete
  • Garage: 19 to 30 Spaces, Ground Level, Lighted
  • Levels: 2
  • Cooling: Central Air
  • Units: 2
  • Year Built: 2003
  • Acreage: 1.5
  • Est. Taxes: $21,000
  • Lot Desc: Central Business District
  • MLS#: TB8301193
  • Days on Market: 22 days
  • Website: https://www.raveis.com
    /prop/TB8301193/113svalricoroads_valrico_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/5/2024 7:34:39 PM)
Listing courtesy of FUTURE HOME REALTY INC   Phone: 813-855-4982

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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113 S Valrico ROAD S, Valrico, FL, 33595

$1,980,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,584,000 $1,584,000 $1,584,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.750% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.343% 6.876% 6.725%
Monthly Tax Payment $1,750 $1,750 $1,750
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $10,143 $10,274 $13,798
Total Monthly Payment $12,018 $12,149 $15,673

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.