Touchless Car Wash
For Sale
$495,000
2030 Church St, Zachary, LA 70791
Operating touchless car wash on a CG-zoned commercial lot with strong visibility on a major highway.
Property Size1,645 SF
Lot Size0.45 Acres
Price / SF$300.91
Days on Market371
Property Features for 2030 Church St
General Information
Standard status
Active
Size
1,645 SF
Lot size
0.45 Acres
Property subtype
Retail
Zoning
CG
Site & Location
Traffic Count
28,754 vehicles/day
Highway Access
Yes
Road Access
Yes
Listing Agency:
Lee & Associates
Listed By:
Elliott Scroggs
(225) 278-1205
Source:
Lacdb.resimplifi
Added: Sep 8, 2025
Changed: Sep 8
Last Checked: Sep 13 at 4:10AM
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 Lee & Associates
Investment Insights
Based on property information with market context.
Operating touchless car wash with supporting equipment and site improvements. The property sits on a 0.45-acre parcel zoned CG (Commercial General), designed to support a range of retail and service-oriented uses.
The site is positioned within Zachary’s main commercial corridor and is adjacent to a Rouses-anchored retail center. The property benefits from strong visibility and accessibility with 116 feet of frontage on Highway 64 and traffic counts of approximately 28,754 vehicles per day. The surrounding area includes restaurants, service providers, financial institutions, retail, and civic amenities such as the Zachary Branch Library.
The site is positioned within Zachary’s main commercial corridor and is adjacent to a Rouses-anchored retail center. The property benefits from strong visibility and accessibility with 116 feet of frontage on Highway 64 and traffic counts of approximately 28,754 vehicles per day. The surrounding area includes restaurants, service providers, financial institutions, retail, and civic amenities such as the Zachary Branch Library.
Key Highlights
- Operating touchless car wash with supporting equipment and site improvements
- 116 feet of frontage on Highway 64 for strong visibility
- Traffic counts of approximately 28,754 vehicles per day
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
$16,904
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
3.41%
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%
$338,080
$338.1K
Cap Rate 7%
$241,486
$241.5K
Cap Rate 9%
$187,822
$187.8K
Market Conditions
NOI Build-Up for 1,645 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
$24.3K $14.76/SF
− Vacancy
−$1.7K −$1.06/SF
EGI
$22.5K $13.70/SF
− OpEx
−$5.6K −$3.43/SF
NOI
$16.9K $10.28/SF
Area
East Baton Rouge County, LA
Vacancy
7.17%
Lease Rate
$14.76 /SF/Yr
Expense Ratio
25.00%
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%
$338,080
Cap Rate 7%
$241,486
Cap Rate 9%
$187,822
Alternative Uses
Best Use
Specialty Retail
$241.5K
$211.3K – $281.7K
NOI $16,904 @ 7.0% cap · market cap 3.41%
Second Best
Retail
$225.4K
$197.2K – $263.0K
NOI $15,778 @ 7.0% cap · market cap 3.19%
Theoretical Best
Office A
$339.4K
$297.0K – $395.9K
NOI $23,756 @ 7.0% cap · market cap 4.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
28,754 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
262
Businesses Nearby
52k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 72%
Home Improvements & Furnishings 25%
Shops & Services 3%
Rouses Market
Groceries
37,593 visits/mo
0.1 miles
Ace Hardware
Home Improvements & Furnishings
13,242 visits/mo
0.1 miles
Landmark Bank
Shops & Services
1,412 visits/mo
0.2 miles
Demographics for 70791, LA
29,432
Population
12,112
Households
2.4
Avg Household Size
37
Median Age
39%
College-Educated
95%
High-School Grad
119.1 sq mi
ZIP Area
247
Density / Sq Mi
$80,243
Median Household Income
$57,376
Median Earnings
$1,389
Median Rent
$269,800
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 South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Car wash - Operating touchless car wash on a CG-zoned commercial lot with strong visibility on a major highway.
Where is this car wash located?
The property is located at 2030 Church St Zachary, LA.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Operating touchless car wash with supporting equipment and site improvements; 116 feet of frontage on Highway 64 for strong visibility; Traffic counts of approximately 28,754 vehicles per day
