Car Wash
For Sale
$799,000
12118 US Highway 431, Guntersville, AL 35976
COMMERCIAL - Guntersville, AL
Property Size4,800 SF
Lot Size0.90 Acres
Price / SF$166.46
Days on Market68
Property Features for 12118 US Highway 431
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Directions
Hwy 431 Towards Albertville. Business On The Left.
Standard status
Active
Size
4,800 SF
Lot size
0.90 Acres
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
2000
Floors in Building
1
Flooring type
Vinyl
Listing Agency:
Re/Max Guntersville
(256) 582-5585
Listed By:
Leamon Yarbrough · License #76781
(256) 558-0040
Added: Jun 7
Changed: Aug 13
Last Checked: Aug 13 at 5:06AM
MLS# 21891236
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Investment Insights
Based on property information with market context.
This car wash property includes a 4,800-square-foot building on 0.9 acres. Constructed in 2000, the improvements feature vinyl flooring and two bathrooms.
The property is located at 12118 US Highway 431 in Guntersville, Alabama, within ZIP Code 35976. Public water and public sewer serve the site, supporting the existing commercial improvements.
The property is located at 12118 US Highway 431 in Guntersville, Alabama, within ZIP Code 35976. Public water and public sewer serve the site, supporting the existing commercial improvements.
Key Highlights
- 4,800‑square‑foot car wash property
- Situated on 0.9 acres
- Building constructed in 2000
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
$51,948
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
6.50%
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%
$1,038,960
$1.0M
Cap Rate 7%
$742,114
$742.1K
Cap Rate 9%
$577,200
$577.2K
Market Conditions
NOI Build-Up for 4,800 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
$74.9K $15.60/SF
− Vacancy
−$5.6K −$1.17/SF
EGI
$69.3K $14.43/SF
− OpEx
−$17.3K −$3.61/SF
NOI
$51.9K $10.82/SF
Area
Marshall County, AL
Vacancy
7.50%
Lease Rate
$15.60 /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%
$1,038,960
Cap Rate 7%
$742,114
Cap Rate 9%
$577,200
Alternative Uses
Best Use
Specialty Retail
$742.1K
$649.4K – $865.8K
NOI $51,948 @ 7.0% cap · market cap 6.50%
Second Best
Retail
$437.4K
$382.8K – $510.4K
NOI $30,621 @ 7.0% cap · market cap 3.83%
Theoretical Best
Office A
$1.04M
$906.5K – $1.21M
NOI $72,521 @ 7.0% cap · market cap 9.08%
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
250
Businesses Nearby
196k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 45%
Dining 31%
Shops & Services 14%
Office Supplies 5%
Walmart
Superstores
87,560 visits/mo
0.4 miles
Chick-fil-A
Dining
38,679 visits/mo
0.4 miles
Murphy USA
Shops & Services
15,031 visits/mo
0.3 miles
Sakura Japanese Restaurant
Dining
12,172 visits/mo
0.3 miles
Applebee's
Dining
10,430 visits/mo
0.3 miles
Demographics for 35976, AL
16,787
Population
7,472
Households
2.2
Avg Household Size
47
Median Age
31%
College-Educated
88%
High-School Grad
127.6 sq mi
ZIP Area
132
Density / Sq Mi
$72,579
Median Household Income
$39,354
Median Earnings
$792
Median Rent
$254,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Car wash - Car wash facility with public water and sewer service.
Where is this car wash located?
The property is located at 12118 US Highway 431 Guntersville, AL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 4,800‑square‑foot car wash property; Situated on 0.9 acres; Building constructed in 2000
