110 E Water Street, Borden, IN 47106
Car wash with self-service bays and vacuums for sale.
- Added:
- Feb 16, 2024
- Days on Market:
- 848
- Last Refresh:
- May 12 at 8:45 pm
Property Features for 110 E Water Street
General Information
- Standard status
- Active
- Size
- 1,908 SF
- Lot size
- 0.63 Acres
- Property subtype
- Other
Building Details
- Year Built
- 2006
Listing agent Brenda Pruitt (812) 883-9555
Listing office Mainstreet REALTORS (812) 883-9555
Listing date Feb 16, 2024
Source Xome
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Mainstreet REALTORS
HighLights
- Double in‑bay automatic car wash
- Three coin‑operated self‑service bays
- Three coin‑operated self‑service vacuums
- Located on a 0.63‑acre lot
- 1908 square foot building
- Built in 2006
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.3k | $18.00 |
| − Vacancy | −$1.4k | −$0.76 |
| EGI | $32.9k | $17.24 |
| − OpEx | −$8.2k | −$4.31 |
| NOI | $24.7k | $12.93 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Borden
- County
- Clark
- State
- Indiana
- Longitude
- -85.94753
- Latitude
- 38.466618
