Self Service Car
1904 W Cumberland Street Dunn, NC 28334
For Sale
$350,000
Commercial parcel with a 6-bay self service car wash, offered for sale or lease.
Property Size2,700 SF
Price / SF$129.63
Days on Market2099
Property Features for 1904 W Cumberland Street
General Information
- Standard status
- Active
- Size
- 2,700 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1965
Listing Agency:
Ellis Barbour & Sons, Inc.
(910) 892-3185
Listed By:
Wayne Barbour · License #43106
Source:
Xome
Added: Oct 27, 2020
Changed: Jul 23
Last Checked: Jul 25 at 2:27AM
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 Ellis Barbour & Sons, Inc.
Investment Insights
Based on property information with market context.
This property is a commercial parcel currently operated as a 6-bay car wash. The offering includes the existing car wash operation on a .49-acre tract configured for self service vehicle washing.
The site is located in a high-traffic, highly visible area along W Cumberland Street (US Hwy 421), providing strong storefront exposure for the current use and other development possibilities.
Offered for sale or lease, the property presents a straightforward option for an operator looking for an existing car wash setup or for a buyer evaluating redevelopment of the tract based on its size and visibility.
The site is located in a high-traffic, highly visible area along W Cumberland Street (US Hwy 421), providing strong storefront exposure for the current use and other development possibilities.
Offered for sale or lease, the property presents a straightforward option for an operator looking for an existing car wash setup or for a buyer evaluating redevelopment of the tract based on its size and visibility.
Key Highlights
- Commercial parcel on W Cumberland St (US Hwy 421) offered for sale or lease
- Currently operating a 6‑bay self service car wash on a 0.49‑acre tract
- Zoned C‑3
Financial Insights For 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 | $37.3k | $13.80 |
| − Vacancy | −$3.1k | −$1.15 |
| EGI | $34.2k | $12.65 |
| − OpEx | −$10.3k | −$3.80 |
| NOI | $23.9k | $8.86 |
2,700 SF · lease $13.80/SF/yr · vacancy 8.30% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$462.4K
$404.6K – $539.5K
NOI $32,367 @ 7.0% cap · market cap 9.25%
Second Best
Retail
$341.7K
$299.0K – $398.6K
NOI $23,917 @ 7.0% cap · market cap 6.83%
Theoretical Best
Office A
$587.8K
$514.3K – $685.7K
NOI $41,143 @ 7.0% cap · market cap 11.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Self service car ...
FAQs
What type of property is this?
Car wash - Commercial parcel with a 6-bay self service car wash, offered for sale or lease.
Where is this car wash located?
The property is located at 1904 W Cumberland Street Dunn, NC.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Commercial parcel on W Cumberland St (US Hwy 421) offered for sale or lease; Currently operating a 6‑bay self service car wash on a 0.49‑acre tract; Zoned C‑3
