Self-Service Car Wash
For Sale
$175,000
14700 Highway 178, Lake Isabella, CA 93240
Existing wash infrastructure supports completing a self-service car wash operation near Highway 178.
Property Size1,130 SF
Price / SF$154.87
Days on Market177
Property Features for 14700 Highway 178
General Information
Standard status
Active
Size
1,130 SF
Property subtype
General Commercial
Property Condition
Severity
Repairs Needed
Evidence
only final touches and minor improvements needed
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
3
Listing Agency:
(661) 303-6868
Listed By:
Country Real Estate
(661) 303-6868
Source:
Xome
Added: Mar 5
Changed: Aug 29
Last Checked: Aug 29 at 4:40PM
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 Country Real Estate
Investment Insights
Based on property information with market context.
This self-service car wash property includes established infrastructure and most major components needed for a functioning wash operation. The existing setup is substantially advanced, with final touches and minor improvements remaining before operations can be completed.
The property is located at 14700 Highway 178 in Lake Isabella, California, positioned just off Highway 178 for access from the surrounding area and highway travelers.
The property is located at 14700 Highway 178 in Lake Isabella, California, positioned just off Highway 178 for access from the surrounding area and highway travelers.
Key Highlights
- Self‑service car wash property at 14700 Highway 178, Lake Isabella, CA 93240
- Established car wash infrastructure already in place
- Most major components have been completed
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
$13,916
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
7.95%
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%
$278,320
$278.3K
Cap Rate 7%
$198,800
$198.8K
Cap Rate 9%
$154,622
$154.6K
Market Conditions
NOI Build-Up for 1,130 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
$20.9K $18.48/SF
− Vacancy
−$1.0K −$0.89/SF
EGI
$19.9K $17.59/SF
− OpEx
−$6.0K −$5.28/SF
NOI
$13.9K $12.32/SF
Area
Kern County, CA
Vacancy
4.80%
Lease Rate
$18.48 /SF/Yr
Expense Ratio
30.00%
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%
$278,320
Cap Rate 7%
$198,800
Cap Rate 9%
$154,622
Alternative Uses
Best Use
Industrial
$198.8K
$174.0K – $231.9K
NOI $13,916 @ 7.0% cap · market cap 7.95%
Second Best
Specialty Retail
$178.5K
$156.2K – $208.2K
NOI $12,494 @ 7.0% cap · market cap 7.14%
Theoretical Best
Warehouse
$241.4K
$211.2K – $281.6K
NOI $16,898 @ 7.0% cap · market cap 9.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
39
Businesses Nearby
3k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Mobil
Shops & Services
2,698 visits/mo
0.1 miles
Demographics for 93240, CA
5,691
Population
3,319
Households
1.7
Avg Household Size
50
Median Age
10%
College-Educated
91%
High-School Grad
58.0 sq mi
ZIP Area
98
Density / Sq Mi
$28,535
Median Household Income
$30,898
Median Earnings
$1,129
Median Rent
$203,500
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Self service car wash - Existing wash infrastructure supports completing a self-service car wash operation near Highway 178.
Where is this self service car wash located?
The property is located at 14700 Highway 178 Lake Isabella, CA.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Self‑service car wash property at 14700 Highway 178, Lake Isabella, CA 93240; Established car wash infrastructure already in place; Most major components have been completed
