Rocket Car Wash
For Sale
$150,000
1475 middlebelt, Inkster, MI 48141
The operation includes an automatic in-bay wash, vacuum equipment, and a change system.
Property Size2,400 SF
Price / SF$62.50
Days on Market23
Property Features for 1475 middlebelt
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Commercial
Automotive
Automotive Uses
car wash
Car Wash Format
in-bay automatic
Additional Details
Business Included
Yes
Real Estate Included
No
Building Details
Year Built
1954
Listing Agency:
Community Choice Realty Inc
(248) 729-0011
Listed By:
Daniel M Salmo · License #394350
(586) 480-5555
Source:
Traciens
Added: Oct 15
Changed: Nov 5
Last Checked: Nov 5 at 9:46AM
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 Community Choice Realty Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Rocket Car Wash is offered as a business opportunity, with an automatic in-bay wash system, vacuum equipment, and a change system. The wash system is described as maintained.
The operation has recurring customers and a city contract. The offering is for the business only.
The operation has recurring customers and a city contract. The offering is for the business only.
Key Highlights
- Automatic in‑bay wash system described as maintained
- Includes vacuum equipment and a change system
- Recurring customer base and a city contract
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,425
Cap Rate
8.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$248,500
$248.5K
Cap Rate 7%
$177,500
$177.5K
Cap Rate 9%
$138,056
$138.1K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$18.4K $7.68/SF
− Vacancy
−$682 −$0.28/SF
EGI
$17.8K $7.40/SF
− OpEx
−$5.3K −$2.22/SF
NOI
$12.4K $5.18/SF
Area
Wayne County, MI
Vacancy
3.70%
Lease Rate
$7.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$248,500
Cap Rate 7%
$177,500
Cap Rate 9%
$138,056
Alternative Uses
Best Use
Specialty Retail
$444.3K
$388.8K – $518.4K
NOI $31,104 @ 7.0% cap · market cap 20.74%
Second Best
Retail
$324.9K
$284.3K – $379.0K
NOI $22,740 @ 7.0% cap · market cap 15.16%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
172
Businesses Nearby
10k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Shell
Shops & Services
5,411 visits/mo
0.3 miles
Valero Energy
Shops & Services
4,944 visits/mo
0.1 miles
Demographics for 48141, MI
26,088
Population
11,497
Households
2.3
Avg Household Size
34
Median Age
12%
College-Educated
83%
High-School Grad
6.3 sq mi
ZIP Area
4,141
Density / Sq Mi
$39,632
Median Household Income
$32,135
Median Earnings
$1,127
Median Rent
$75,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Car wash - The operation includes an automatic in-bay wash, vacuum equipment, and a change system.
Where is this car wash located?
The property is located at 1475 middlebelt Inkster, MI.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Automatic in‑bay wash system described as maintained; Includes vacuum equipment and a change system; Recurring customer base and a city contract
