7-Bay Coin-Operated Car
For Sale
$675,000
4625 Camp Robinson Street, North Little Rock, AR 72118
COMMERCIAL - North Little Rock, AR
Property Size3,250 SF
Lot Size0.77 Acres
Price / SF$207.69
Days on Market438
Property Features for 4625 Camp Robinson Street
General Information
Property type
Commercial Sale
Property subtype
Other
Exterior features
Partially Fenced
Fencing
Partial
Lot features
Level
Directions
From 107 Take Right On McCain Blvd To Camp Robinson, Take Left On Camp Robinson And The Car Wash Is On The Right.
Subdivision
NORTH LITTLE ROCK (WEST/CRYSTAL
Standard status
Active
Size
3,250 SF
Lot size
0.77 Acres
Taxes and HOA fees
Tax Description
LOT 1A BEING A REPLAT OF LOT 1
Tax Annual Amount
4525
Legal Description
LOT 1A BEING A REPLAT OF LOT 1
Building Details
Year built
1980
Floors in Building
1
Flooring type
Concrete
Listing Agency:
Michele Phillips & Co. Realtors
(501) 834-3433
Listed By:
Young Chun
(501) 213-9518
Added: May 30, 2025
Changed: Aug 4
Last Checked: Aug 10 at 1:06PM
MLS# 26008001
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-established self service car wash features a seven-bay coin-operated setup designed for customer self-service use. The property includes concrete flooring and partial fencing to help define the site.
The car wash is located at 4625 Camp Robinson Street in North Little Rock, Arkansas (72118) within Pulaski County. The lot size is 0.77 acres, and the property size is 3,250 square feet.
Built in 1980, the facility is positioned for ongoing car wash operations with the core seven-bay layout and on-site improvements already in place.
The car wash is located at 4625 Camp Robinson Street in North Little Rock, Arkansas (72118) within Pulaski County. The lot size is 0.77 acres, and the property size is 3,250 square feet.
Built in 1980, the facility is positioned for ongoing car wash operations with the core seven-bay layout and on-site improvements already in place.
Key Highlights
- Seven‑bay coin‑operated car wash facility
- Lot size: 0.77 acres
- Property size: 3,250 SF
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$43,396
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.43%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$867,920
$867.9K
Cap Rate 7%
$619,943
$619.9K
Cap Rate 9%
$482,178
$482.2K
Market Conditions
NOI Build-Up for 3,250 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$61.6K $18.96/SF
− Vacancy
−$3.8K −$1.16/SF
EGI
$57.9K $17.80/SF
− OpEx
−$14.5K −$4.45/SF
NOI
$43.4K $13.35/SF
Area
Pulaski County, AR
Vacancy
6.10%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$867,920
Cap Rate 7%
$619,943
Cap Rate 9%
$482,178
Alternative Uses
Best Use
Specialty Retail
$619.9K
$542.5K – $723.3K
NOI $43,396 @ 7.0% cap · market cap 6.43%
Second Best
Retail
$428.5K
$374.9K – $499.9K
NOI $29,993 @ 7.0% cap · market cap 4.44%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
9
Businesses Nearby
Explore this area
Business Placement
Demographics for 72118, AR
22,582
Population
10,823
Households
2.1
Avg Household Size
37
Median Age
20%
College-Educated
88%
High-School Grad
27.6 sq mi
ZIP Area
818
Density / Sq Mi
$47,266
Median Household Income
$35,608
Median Earnings
$978
Median Rent
$115,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Self service car wash - Coin-operated car wash with seven bays, concrete flooring, and partial fencing on a 0.77-acre site.
Where is this self service car wash located?
The property is located at 4625 Camp Robinson Street North Little Rock, AR.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Seven‑bay coin‑operated car wash facility; Lot size: 0.77 acres; Property size: 3,250 SF
