Car Wash Building with Vacuum
For Sale
Contact for pricing
Pending
2177 Iacovetti Ave, Tulare, CA 93274
5,010 SF car wash building with a 120' tunnel and 20 vacuum stalls for self-service operations.
Property Size5,010 SF
Lot Size1.43 Acres
Days on Market108
Property Features for 2177 Iacovetti Ave
General Information
Standard status
Pending
Size
5,010 SF
Lot size
1.43 Acres
Property subtype
LAND
Amenities
120' tunnel
20 vacuum stalls
Shared monument signage for shopping center
Additional monument signage allowed on site
Building Details
Buildings
1
Listing Agency:
Right Site Retail
(916) 473-8805
Listed By:
Ariel Fox
(916) 473-8807
Source:
Moodyscre
Added: Jul 14
Changed: Oct 25
Last Checked: Oct 28 at 12:24PM
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 Right Site Retail
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Investment Insights
Based on property information with market context.
This self-service car wash property includes a 5,010 SF building with a 120' tunnel and 20 vacuum stalls, designed to support daily wash and detailing traffic. The site also includes shared monument signage for the shopping center and provides for additional monument signage on site.
The property is located at 2177 Iacovetti Ave in Tulare, CA. Its configuration supports efficient on-site customer service with the tunnel layout and dedicated vacuum stall area for detailing between wash cycles.
With the combination of tunnel length and a sizable vacuum stall count, the property is well suited for a self-service car wash operator seeking a focused, equipment-forward site with visible on-site monument signage.
The property is located at 2177 Iacovetti Ave in Tulare, CA. Its configuration supports efficient on-site customer service with the tunnel layout and dedicated vacuum stall area for detailing between wash cycles.
With the combination of tunnel length and a sizable vacuum stall count, the property is well suited for a self-service car wash operator seeking a focused, equipment-forward site with visible on-site monument signage.
Key Highlights
- 5,010 SF car wash building
- 120' tunnel
- 20 vacuum stalls
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$106,525
Cap Rate
7.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,130,500
$2.1M
Cap Rate 7%
$1,521,786
$1.5M
Cap Rate 9%
$1,183,611
$1.2M
Market Conditions
NOI Build-Up for 5,010 SF
Gross rent
$150.3K $30.00/SF
− Vacancy
−$8.3K −$1.65/SF
EGI
$142.0K $28.35/SF
− OpEx
−$35.5K −$7.09/SF
NOI
$106.5K $21.26/SF
Area
Tulare County, CA
Vacancy
5.50%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,130,500
Cap Rate 7%
$1,521,786
Cap Rate 9%
$1,183,611
Alternative Uses
Best Use
Specialty Retail
$1.52M
$1.33M – $1.78M
NOI $106,525 @ 7.0% cap · market cap 7.35%
Second Best
Retail
$1.02M
$893.9K – $1.19M
NOI $71,509 @ 7.0% cap · market cap 4.93%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
18
Businesses Nearby
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Business Placement
Demographics for 93274, CA
78,493
Population
24,493
Households
3.2
Avg Household Size
31
Median Age
11%
College-Educated
75%
High-School Grad
219.2 sq mi
ZIP Area
358
Density / Sq Mi
$69,905
Median Household Income
$37,434
Median Earnings
$1,334
Median Rent
$300,900
Median Home Value
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Self service car wash - 5,010 SF car wash building with a 120' tunnel and 20 vacuum stalls for self-service operations.
Where is this self service car wash located?
The property is located at 2177 Iacovetti Ave Tulare, CA.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: 5,010 SF car wash building; 120' tunnel; 20 vacuum stalls
