Operating Carwash on Highway
8081 Highway 31 Calera, AL 35040
8081 Highway 31, Calera, AL, 35040
$199,900
For Sale
$199,900
Commercial property with operating carwash for sale in Calera.
Property Size1,200 SF
Price / SF$166.58
Days on Market481
Property Features for 8081 Highway 31
General Information
- Standard status
- Active
- Size
- 1,200 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1985
Listing Agency
TEAMMASSEYPROPERTIES, LLC
(205) 665-0095
Listed by
Nathan Stamps
(205) 665-0095
Source
Exitrealty
Added: Mar 24, 2025 Checked: Jul 16 at 6:02 am
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 TEAMMASSEYPROPERTIES, LLC
Investment Insights
Based on property information with market context.
This commercial property is located on Highway 31 in Calera, across from the Post Office. The property includes an existing, operating carwash with 3 bays and 3 vacuums. The property size is 1200 square feet. The property and improvements are for sale.
Key Highlights
- High‑traffic location on Hwy 31 in Calera.
- Existing, operating carwash business included.
- Includes 3 carwash bays and 3 vacuums.
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 | $18.7k | $15.60 |
| − Vacancy | −$1.4k | −$1.17 |
| EGI | $17.3k | $14.43 |
| − OpEx | −$4.3k | −$3.61 |
| NOI | $13.0k | $10.82 |
1,200 SF · lease $15.60/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$185.5K
$162.3K – $216.5K
NOI $12,987 @ 7.0% cap · market cap 6.50%
Second Best
Retail
$161.5K
$141.3K – $188.4K
NOI $11,302 @ 7.0% cap · market cap 5.65%
Theoretical Best
Office A
$281.7K
$246.5K – $328.6K
NOI $19,716 @ 7.0% cap · market cap 9.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Car washes
Similar For Sale Nearby
FAQs
What type of property is this?
Car wash - Commercial property with operating carwash for sale in Calera.
Where is this car wash located?
The property is located at 8081 Highway 31 Calera, AL.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: High‑traffic location on Hwy 31 in Calera.; Existing, operating carwash business included.; Includes **3 carwash bays and 3 vacuums**.
