Former Car Wash
For Sale
$210,000
133 W Hebble Avenue, Fairborn, OH 45324
Existing improvements are not operational and require rehabilitation before reuse.
Property Size2,968 SF
Lot Size1.34 Acres
Price / SF$70.75
Days on Market48
Property Features for 133 W Hebble Avenue
General Information
Standard status
Active
Size
2,968 SF
Lot size
1.34 Acres
Property subtype
Land
Property Condition
Severity
Repairs Needed
Evidence
will require investment and improvements
Additional Details
Asking Price
$230,000
Road Access
Yes
Land Use
commercial
Building Details
Buildings
1
Listing Agency:
Howard Hanna Real Estate Serv
(937) 435-1177
Listed By:
Jonathan H Murray
(937) 654-7355
Source:
Agorarealtynow
Added: Aug 30
Changed: Oct 12
Last Checked: Oct 14 at 10:25PM
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 Howard Hanna Real Estate Serv
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Investment Insights
Based on property information with market context.
This approximately 1.34-acre commercial property includes a 2,968-square-foot structure that previously operated as a car wash. The facility is currently inactive and is being offered in its existing condition, with rehabilitation and improvements needed before resuming that use.
The property combines an existing commercial building with a sizable land component, providing a foundation for evaluating restoration, adaptive reuse, or redevelopment. Any proposed use, including questions involving condition, equipment, utilities, zoning, permitted uses, and feasibility, requires independent due diligence with the City of Fairborn. The site is located at 133 Hebble Ave in Fairborn, Ohio, within the greater Dayton market.
The property combines an existing commercial building with a sizable land component, providing a foundation for evaluating restoration, adaptive reuse, or redevelopment. Any proposed use, including questions involving condition, equipment, utilities, zoning, permitted uses, and feasibility, requires independent due diligence with the City of Fairborn. The site is located at 133 Hebble Ave in Fairborn, Ohio, within the greater Dayton market.
Key Highlights
- Approximately 1.34 acres of commercial property
- Existing 2,968‑square‑foot former car wash structure
- Facility is not currently operational
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,356
Cap Rate
8.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$367,120
$367.1K
Cap Rate 7%
$262,229
$262.2K
Cap Rate 9%
$203,956
$204.0K
Market Conditions
NOI Build-Up for 2,968 SF
Gross rent
$28.1K $9.48/SF
− Vacancy
−$1.9K −$0.64/SF
EGI
$26.2K $8.84/SF
− OpEx
−$7.9K −$2.65/SF
NOI
$18.4K $6.18/SF
Area
Greene County, OH
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$367,120
Cap Rate 7%
$262,229
Cap Rate 9%
$203,956
Alternative Uses
Best Use
Specialty Retail
$474.7K
$415.4K – $553.9K
NOI $33,232 @ 7.0% cap · market cap 15.82%
Second Best
Retail
$400.0K
$350.0K – $466.7K
NOI $28,003 @ 7.0% cap · market cap 13.33%
Theoretical Best
Office B
$558.1K
$488.3K – $651.1K
NOI $39,064 @ 7.0% cap · market cap 18.60%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
478
Businesses Nearby
89k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 57%
Shops & Services 42%
Hotels & Casinos 1%
McDonald's
Dining
20,332 visits/mo
0.1 miles
Dollar Tree
Shops & Services
10,821 visits/mo
0.2 miles
Taco Bell
Dining
10,602 visits/mo
0.2 miles
Dollar General
Shops & Services
9,658 visits/mo
0.5 miles
Speedway
Shops & Services
8,665 visits/mo
0.5 miles
Demographics for 45324, OH
40,449
Population
19,729
Households
2.1
Avg Household Size
34
Median Age
30%
College-Educated
92%
High-School Grad
33.1 sq mi
ZIP Area
1,222
Density / Sq Mi
$59,861
Median Household Income
$37,348
Median Earnings
$989
Median Rent
$177,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Car wash - Existing improvements are not operational and require rehabilitation before reuse.
Where is this car wash located?
The property is located at 133 W Hebble Avenue Fairborn, OH.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Approximately 1.34 acres of commercial property; Existing 2,968‑square‑foot former car wash structure; Facility is not currently operational
