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Etowah
  1. C

    Just received a site analysis... thoughts?

    Of course. Just here to get some insight from current or previous owners.
  2. C

    Just received a site analysis... thoughts?

    Completely agree! Are there any pointers as to what are the main things to look for in my own analysis?
  3. C

    Just received a site analysis... thoughts?

    Key demographics is 1 mile: 3.8k, 3 mile: 20k and 5 mile 45k. It is on a US Route, on an intersection across from a neighborhood Walmart. Speed Limit is 45 and visibility is excellent. If we build, it would be a express w/free vacs. There is a 12k building on the lot already, but was told that...
  4. C

    Just received a site analysis... thoughts?

    Just received a site analysis for a property we have by a car wash manufacturer, for a tunnel build. - Year 1 estimate: High estimate: 65k washes... Low Estimate 50k - Year 2: 88k and 65k - Year 3: 105k and 80k Only fundamentals that lack are key demographics and traffic count: around 30k...
  5. C

    Worth building a wash?

    Had a carwash company that wanted to do a land lease for 25 years, but backed out!
  6. C

    Worth building a wash?

    I've noticed that as well. The city adjacent is building its 3rd wash on the same road. What is the typical cost?
  7. C

    Worth building a wash?

    Hi everyone, We have a corner intersection property in a town of 13k with a surrounding city of 43k. Traffic count is 22k on one road and 7.5k on the other. Across from a neighborhood Walmart as well. Question is: Is it worth building a tunnel car wash? If so, what is the approximate cost and...
  8. C

    Approached for Ground Lease... unfamiliar.

    Thank you! We are in a disclosure state. I agree. I believe overall we have much better options, especially with national accounts that won't tear the building down, but will enhance it.
  9. C

    Approached for Ground Lease... unfamiliar.

    Thank you all for your reply! All of the replies gave me great insight. We will contact them this week to see what their offer is. The part that intrigues me is that the building market value only, vacant on city tax records is about $700,000. To tear this down (which could be many things, such...
  10. C

    Approached for Ground Lease... unfamiliar.

    Hi Everyone, We just got approached by a Car Wash company (Conveyer Tunnel) for a ground lease of our land on a corner. The company currently has 40 locations opened and over 70+ under construction. It is on a main street that is growing, with the City Hall 2 blocks down the road and a...
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