117 S East Side Hwy Elkton Elkton, VA 22827
Carwash with great location and visibility near US 33 East.
- Added:
- Sep 25, 2025
- Days on Market:
- 292
- Last Refresh:
- May 8 at 8:09 pm
Property Features for 117 S East Side Hwy Elkton
General Information
- Standard status
- Active
- Size
- 2,283 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2007
Listing office Cottonwood Commercial LLC (540) 383-6692
Listing date Sep 25, 2025
Source Tcnworldwide
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 Cottonwood Commercial LLC
Investment Insights
Based on property information with market context.
Key Highlights
- Excellent location with HIGH VISIBILITY, just 0.1 mile from US 33 East.
- Includes land and building.
- Features ONE TOUCH‑FREE AUTOMATIC wash bay.
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 | $36.4k | $15.96 |
| − Vacancy | −$1.1k | −$0.48 |
| EGI | $35.3k | $15.48 |
| − OpEx | −$8.8k | −$3.87 |
| NOI | $26.5k | $11.61 |
