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307-311 Van Lingle Mungo Blvd, Pageland, SC, 29728

Pageland LazerWash – Car Wash
closed

Key Information

Cap Rate
11.34%
Year Built
1999
Type
Retail
NOI
$158,793

Highlights

  • Owner/User Opportunity – Rare chance to acquire the building, business, and underlying real estate in a single transaction.
  • Multiple Revenue Streams – The Pageland LazerWash caters to a wide customer base with two 40-foot touchless automatic tunnels, four self-serve bays, and eight vacuums. An on-site ice maker provides an additional income source, already factored into NOI.
  • Strong Population Growth – Within a 3-mile radius, the population has grown 7.31% since 2020, with a projected increase to 6,002 residents by 2029. The 5-mile radius has seen 8.57% growth since 2020, with projections reaching 10,747 residents—a 2.43% increase over the next five years.
  • Exclusive Market Position – As the only car wash in Pageland, the property offers immediate market share and built-in demand.
  • Prime Exposure & Visibility – Located along Van Lingle Mungo Blvd with traffic counts exceeding ±10,500 vehicles per day. The 35-mph speed limit enhances visibility and drive-by awareness.
  • Attractive Tax Advantages – Under IRS Code Section 179, qualifying buyers may expense up to 40% of the property cost in the first year. Certain car wash assets may also qualify for “bonus depreciation” on personal property acquisitions.

*Matthews™ does not provide tax, legal or account advice. This is for informational purposes only and is not intended to provide or be relied on for tax, legal or accounting advice

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # 22684 (SC)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203