Concrete Car Wash
214 N Pacific Highway Talent, OR 97540
For Sale
$235,000
Concrete structure with metal roof and storage area, with utilities already in the ground and ready for redevelopment.
Property Size1,872 SF
Price / SF$125.53
Days on Market12
Property Features for 214 N Pacific Highway
General Information
- Standard status
- Active
- Size
- 1,872 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2005
Listing Agency:
John L. Scott Medford
(832) 741-5106
Listed By:
Alex M Aaronson · License #201209927
(832) 741-5106
Source:
Allprofessionalsre
Added: Jul 16
Changed: Jul 25
Last Checked: Jul 26 at 4:04PM
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 John L. Scott Medford
Investment Insights
Based on property information with market context.
This property features a 2005-built concrete structure with a metal roof and an attached storage area. The car wash use was previously self-service, but the prior operation was impacted by the Almeda Fire. The site is positioned for redevelopment, including the option to restart the car wash or reconfigure the use, subject to applicable approvals and site review requirements.
The property is located right off the highway with drive-through access from Hwy 99 to and from Suncrest Rd, offering convenient routing for customers and deliveries. The HCBD zoning allows a variety of uses, including retail, bar, restaurant, churches, theatre, off-street parking, communications, and offices, contingent on site review by the City of Talent, and buyers should complete their own due diligence.
Sewer, water, storm drain, and electrical utilities are already in the ground and ready for use, which may help reduce upfront infrastructure requirements for an approved redevelopment plan.
The property is located right off the highway with drive-through access from Hwy 99 to and from Suncrest Rd, offering convenient routing for customers and deliveries. The HCBD zoning allows a variety of uses, including retail, bar, restaurant, churches, theatre, off-street parking, communications, and offices, contingent on site review by the City of Talent, and buyers should complete their own due diligence.
Sewer, water, storm drain, and electrical utilities are already in the ground and ready for use, which may help reduce upfront infrastructure requirements for an approved redevelopment plan.
Key Highlights
- 2005‑built concrete structure with metal roof and 1,872 SF plus storage area
- Utilities already in the ground: sewer, water, storm drain, and electrical
- HCBD zoning allows a variety of uses including retail, bar/restaurant, churches, theatre, communications, offices, and off‑street parking
Financial Insights For Industrial
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 | $17.7k | $9.48 |
| − Vacancy | −$690 | −$0.37 |
| EGI | $17.1k | $9.11 |
| − OpEx | −$5.1k | −$2.73 |
| NOI | $11.9k | $6.38 |
1,872 SF · lease $9.48/SF/yr · vacancy 3.89% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$395.2K
$345.8K – $461.0K
NOI $27,662 @ 7.0% cap · market cap 11.77%
Second Best
Retail
$370.0K
$323.7K – $431.7K
NOI $25,899 @ 7.0% cap · market cap 11.02%
Theoretical Best
Office A
$451.8K
$395.4K – $527.2K
NOI $31,629 @ 7.0% cap · market cap 13.46%
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?
Self service car wash - Concrete structure with metal roof and storage area, with utilities already in the ground and ready for redevelopment.
Where is this self service car wash located?
The property is located at 214 N Pacific Highway Talent, OR.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: 2005‑built concrete structure with metal roof and 1,872 SF plus storage area; Utilities already in the ground: sewer, water, storm drain, and electrical; HCBD zoning allows a variety of uses including retail, bar/restaurant, churches, theatre, communications, offices, and off‑street parking
