Turn-Key Self-Serve Car
For Sale
$415,800
1919 Elberta Rd, Warner Robins, GA 31093
Turn-key self-serve car wash with five wash bays and modern 10-position equipment, including updated payment and hose systems.
Property Size2,000 SF
Price / SF$207.90
Days on Market90
Property Features for 1919 Elberta Rd
General Information
Standard status
Active
Size
2,000 SF
Additional Details
Business Included
Yes
Service Bays
5
Building Details
Year Built
1978
Listing Agency:
Haven Realty
Listed By:
Joni Becerra · License #375103
(706) 975-2842
Source:
Harmonandharmon
Added: Jun 9
Changed: Aug 23
Last Checked: Sep 6 at 10:38AM
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 Haven Realty
Investment Insights
Based on property information with market context.
Turn-key self-serve car wash designed for efficient, customer-friendly operation, with five self-serve wash bays, including a newly constructed fifth bay. Each bay is supported by full 10-position functionality, including a complete sequence of presoak, tire and wheel cleaning, foam and high-pressure wash, wax, spot-free rinse, and spot-free stop features.
The site includes a maintained distribution system with 10-position capability, brand-new color-coded high- and low-pressure hoses, and a 60-gallon DeWalt single-stage compressor with automatic water clean-out. Upgrades also include a new back-lit road sign and bay-level communications wiring with improved electrical organization and easy-access service clips for maintenance.
Payment systems are modernized with a Kleen Rite high-security long hull coin box with credit card tap reader and bill acceptor added at the newly added fifth bay. Additional revenue support includes two fully refurbished Laurel vending machines and updated change machines, with an American Changer AC1005 and a refurbished AC2225 noted for November 2025, alongside a proactive maintenance calendar in active use.
The site includes a maintained distribution system with 10-position capability, brand-new color-coded high- and low-pressure hoses, and a 60-gallon DeWalt single-stage compressor with automatic water clean-out. Upgrades also include a new back-lit road sign and bay-level communications wiring with improved electrical organization and easy-access service clips for maintenance.
Payment systems are modernized with a Kleen Rite high-security long hull coin box with credit card tap reader and bill acceptor added at the newly added fifth bay. Additional revenue support includes two fully refurbished Laurel vending machines and updated change machines, with an American Changer AC1005 and a refurbished AC2225 noted for November 2025, alongside a proactive maintenance calendar in active use.
Key Highlights
- Self‑serve car wash on a high‑traffic road with 5 self‑serve wash bays, including a newly constructed 5th bay
- Each bay features full 10‑position functionality: Presoak, Tire Cleaner, Wheel Brush, Foam Brush, High Pressure Soap, Triple Foam, High Pressure Rinse, Wax, Spot‑Free Rinse, Stop
- 10‑position distribution system (DNS) with brand‑new color‑coded high- and low‑pressure hoses
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
$25,056
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
6.03%
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%
$501,120
$501.1K
Cap Rate 7%
$357,943
$357.9K
Cap Rate 9%
$278,400
$278.4K
Market Conditions
NOI Build-Up for 2,000 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
$39.1K $19.56/SF
− Vacancy
−$3.3K −$1.66/SF
EGI
$35.8K $17.90/SF
− OpEx
−$10.7K −$5.37/SF
NOI
$25.1K $12.53/SF
Area
Houston County, GA
Vacancy
8.50%
Lease Rate
$19.56 /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%
$501,120
Cap Rate 7%
$357,943
Cap Rate 9%
$278,400
Alternative Uses
Best Use
Retail
$357.9K
$313.2K – $417.6K
NOI $25,056 @ 7.0% cap · market cap 6.03%
Second Best
Specialty Retail
$298.9K
$261.6K – $348.8K
NOI $20,925 @ 7.0% cap · market cap 5.03%
Theoretical Best
Office A
$431.7K
$377.7K – $503.6K
NOI $30,217 @ 7.0% cap · market cap 7.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
5
Service bays
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
313
Businesses Nearby
Explore this area
Business Placement
Demographics for 31093, GA
28,614
Population
13,275
Households
2.2
Avg Household Size
37
Median Age
16%
College-Educated
87%
High-School Grad
20.4 sq mi
ZIP Area
1,403
Density / Sq Mi
$48,186
Median Household Income
$32,542
Median Earnings
$966
Median Rent
$137,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Self service car wash - Turn-key self-serve car wash with five wash bays and modern 10-position equipment, including updated payment and hose systems.
Where is this self service car wash located?
The property is located at 1919 Elberta Rd Warner Robins, GA.
What is the asking price?
The asking price for this property is $415,800.
What are key features of this property?
This property features: Self‑serve car wash on a high‑traffic road with 5 self‑serve wash bays, including a newly constructed 5th bay; Each bay features full 10‑position functionality: Presoak, Tire Cleaner, Wheel Brush, Foam Brush, High Pressure Soap, Triple Foam, High Pressure Rinse, Wax, Spot‑Free Rinse, Stop; 10‑position distribution system (DNS) with brand‑new color‑coded high- and low‑pressure hoses
