Self Service Car
For Sale
$199,000
206 Railroad Ave E, Wagener, SC 29164
Self service car wash with direct access along Railroad Avenue and adjacency to a Circle K with substantial annual visits.
Property Size1,300 SF
Days on Market210
Property Features for 206 Railroad Ave E
General Information
Standard status
Active
Size
1,300 SF
Property subtype
10/19/2026
Building Details
Building Size
1,300 SF
Listed By:
James Lewis
(314) 391-2757
Source:
Cushmanwakefield
Added: Mar 28
Changed: Oct 21
Last Checked: Oct 23 at 4:05AM
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 James Lewis
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Investment Insights
Based on property information with market context.
The property at 206 Railroad Ave E is a self service car wash located about 0.2 miles from the center of Wagener. It offers full-motion access along Railroad Avenue E, positioned to serve passersby traveling through the town’s primary commercial corridor.
The site benefits from proximity to the intersection of Railroad Avenue and Main Street and experiences approximately 6,100 vehicles per day. It is adjacent to a Circle K location with approximately 339,000 annual visits, supporting consistent daytime activity from the surrounding retail base.
Offered for sale, the property is situated in Wagener, within Aiken County, serving as a local service hub for nearby rural communities and providing connectivity to the broader Aiken and Augusta markets.
The site benefits from proximity to the intersection of Railroad Avenue and Main Street and experiences approximately 6,100 vehicles per day. It is adjacent to a Circle K location with approximately 339,000 annual visits, supporting consistent daytime activity from the surrounding retail base.
Offered for sale, the property is situated in Wagener, within Aiken County, serving as a local service hub for nearby rural communities and providing connectivity to the broader Aiken and Augusta markets.
Key Highlights
- Self‑service car wash built in 1992
- Direct access along Railroad Avenue E, about 0.2 miles from the center of Wagener
- Located near the intersection of Railroad Avenue and Main Street
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,554
Cap Rate
6.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$251,080
$251.1K
Cap Rate 7%
$179,343
$179.3K
Cap Rate 9%
$139,489
$139.5K
Market Conditions
NOI Build-Up for 1,300 SF
Gross rent
$18.7K $14.40/SF
− Vacancy
−$786 −$0.60/SF
EGI
$17.9K $13.80/SF
− OpEx
−$5.4K −$4.14/SF
NOI
$12.6K $9.66/SF
Area
Aiken County, SC
Vacancy
4.20%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$251,080
Cap Rate 7%
$179,343
Cap Rate 9%
$139,489
Alternative Uses
Best Use
Retail
$179.3K
$156.9K – $209.2K
NOI $12,554 @ 7.0% cap · market cap 6.31%
Second Best
Industrial
$84.6K
$74.0K – $98.7K
NOI $5,922 @ 7.0% cap · market cap 2.98%
Theoretical Best
Office A
$250.6K
$219.3K – $292.4K
NOI $17,541 @ 7.0% cap · market cap 8.81%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
153
Businesses Nearby
Explore this area
Business Placement
Demographics for 29164, SC
4,253
Population
2,226
Households
1.9
Avg Household Size
45
Median Age
24%
College-Educated
89%
High-School Grad
107.2 sq mi
ZIP Area
40
Density / Sq Mi
$45,755
Median Household Income
$33,191
Median Earnings
$786
Median Rent
$186,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Self service car wash - Self service car wash with direct access along Railroad Avenue and adjacency to a Circle K with substantial annual visits.
Where is this self service car wash located?
The property is located at 206 Railroad Ave E Wagener, SC.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Self‑service car wash built in 1992; Direct access along Railroad Avenue E, about 0.2 miles from the center of Wagener; Located near the intersection of Railroad Avenue and Main Street
