1325 Detroit Street South Bellefontaine, OH 43311
1325 Detroit Street South, Bellefontaine, OH, 43311
$225,000
For Sale
$225,000
Car washes
Property Size2,522 SF
Price / SF$89.21
Days on Market541
Property Features for 1325 Detroit Street South
General Information
- Standard status
- Active
- Size
- 2,522 SF
- Property subtype
- Industrial / Other Ind
Building Details
- Year Built
- 1992
Listing agency
Best Corporate Real Estate
(937) 935-5991
Listed by
Shawn D Wilcoxon · License #2011001894
(937) 935-5991
Source
Compass
Added: Jan 27, 2025 Updated: Jul 21 at 1:00PM Checked: Jul 21 at 1:00PM
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 Best Corporate Real Estate
Investment Insights
Based on property information with market context.
Key Highlights
- Car wash with 5 hand‑wash bays plus a 16x32 storage bay with two 10' overhead doors
- New roof installed 10/2024
- Heated floors
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 | $14.8k | $5.88 |
| − Vacancy | −$531 | −$0.21 |
| EGI | $14.3k | $5.67 |
| − OpEx | −$3.6k | −$1.42 |
| NOI | $10.7k | $4.25 |
2,522 SF · lease $5.88/SF/yr · vacancy 3.58% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$153.2K
$134.1K – $178.7K
NOI $10,724 @ 7.0% cap · market cap 4.77%
Second Best
Industrial
$148.0K
$129.5K – $172.7K
NOI $10,363 @ 7.0% cap · market cap 4.61%
Theoretical Best
Office A
$509.1K
$445.5K – $593.9K
NOI $35,636 @ 7.0% cap · market cap 15.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
South 68 car ...
Car Wash
Similar For Sale Nearby
FAQs
Where is this car wash located?
The property is located at 1325 Detroit Street South Bellefontaine, OH.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Car wash with 5 hand‑wash bays plus a 16x32 storage bay with two 10' overhead doors; New roof installed 10/2024; Heated floors
