Building Details

Year Built 2001

Listing Agency: KW Greater Springfield

Listed By: Tyler Richardson · License #MO2014032729

Source: Crexi

Added: May 13, 2024 Changed: Oct 13 Last Checked: Oct 12 at 5:09PM

Report an Issue

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 KW Greater Springfield

Investment Insights

Based on property information with market context.

This commercial property in Carl Junction, Missouri, presents an income opportunity with a car wash business. The property features six self-service bays and one touchless automatic car wash. A remaining bay presents a value-add opportunity for expansion or additional services. The property is situated in a location with high visibility. The property size is 3135 square feet. This property is suitable for generating passive income.

Key Highlights

• High visibility location in Carl Junction
• Income opportunity with 6 self‑serve bays and 1 touchless automatic bay
• Value‑add opportunity with 1 unused bay

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$12,706

Cap Rate

4.93%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$254,120 $254.1K

Cap Rate 7%

$181,514 $181.5K

Cap Rate 9%

$141,178 $141.2K

Market Conditions

NOI Build-Up for 3,135 SF

Gross rent

$18.8K $6.00/SF

− Vacancy

−$658 −$0.21/SF

EGI

$18.2K $5.79/SF

− OpEx

−$5.4K −$1.74/SF

NOI

$12.7K $4.05/SF

Area

Jasper County, MO

Vacancy

3.50%

Lease Rate

$6.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$254,120

Cap Rate 7%

$181,514

Cap Rate 9%

$141,178

Alternative Uses

Best Use

Specialty Retail

$452.7K

$396.1K – $528.2K (±1% cap)

NOI $31,691 @ 7.0% cap · market cap 12.29%

Second Best

Retail

$422.5K

$369.7K – $493.0K (±1% cap)

NOI $29,578 @ 7.0% cap · market cap 11.47%

Theoretical Best

Office A

$945.9K

$827.6K – $1.10M (±1% cap)

NOI $66,211 @ 7.0% cap · market cap 25.67%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Self service car ...

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Building Supply Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

60

Businesses Nearby

Explore this area Business Placement

Demographics for 64834, MO

10,239

Population

3,936

Households

2.6

Avg Household Size

36

Median Age

36%

College-Educated

96%

High-School Grad

32.2 sq mi

ZIP Area

318

Density / Sq Mi

$78,682

Median Household Income

$42,293

Median Earnings

$1,203

Median Rent

$200,300

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this self service car washes located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Self service car wash - Self-serve and automatic car wash for sale in Carl Junction.

Where is this self service car wash located?

The property is located at 1105 E Pennell St Carl Junction, MO.

What is the asking price?

The asking price for this property is $257,895.

What are key features of this property?

This property features: High visibility location in Carl Junction; Income opportunity with **6 self‑serve bays and 1 touchless automatic bay**; Value‑add opportunity with **1 unused bay**