Car Wash with Detail
For Sale
$1,350,000
2415 Maple Avenue, Zanesville, OH 43701
CommercialSale, Zanesville, OH
Property Size8,966 SF
Lot Size0.71 Acres
Price / SF$150.57
Days on Market8
Property Features for 2415 Maple Avenue
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
Commercial
Subdivision
Yarnells
Elementary school district
Zanesville CSD - 6006
Middle school district
Zanesville CSD - 6006
High school district
Zanesville CSD - 6006
Directions
Located at the intersection of Maple and Taylor Street
Standard status
Active
APN
86-09-01-01-000
Lot size
0.71 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 1-2-3-4 YARNELLS SUB
Tax Annual Amount
9425
Legal Description
LOT 1-2-3-4 YARNELLS SUB
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public
Amenities
multi-bay detail shop area
upgraded Macneil automatic equipment
newer HVAC
newer roof
private office
customer waiting area
multiple restrooms
Building Details
Year built
1989
Roof type
Flat
Listing Agency:
Lepi & Associates
(740) 455-3730
Listed By:
Roberta L Lepi · License #284700
(740) 891-1068
Added: Aug 21
Changed: Aug 28
Last Checked: Aug 28 at 9:06PM
MLS# 5239997
Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This C-4-zoned automotive property includes an existing car wash operation with a multi-bay detail shop area, upgraded Macneil automatic equipment, and a private office. The facility also provides a customer waiting area, multiple restrooms, newer HVAC, and a newer roof. The sale includes the real estate along with furnishings, fixtures, and equipment.
Located at 2415 Maple Avenue in Zanesville, the property has public water and public sewer service. Built in 1989, the building features forced-air heating and a flat roof. The existing improvements may be continued as a car wash or removed for a future redevelopment project, subject to applicable requirements.
Located at 2415 Maple Avenue in Zanesville, the property has public water and public sewer service. Built in 1989, the building features forced-air heating and a flat roof. The existing improvements may be continued as a car wash or removed for a future redevelopment project, subject to applicable requirements.
Key Highlights
- C‑4 zoning at 2415 Maple Avenue, Zanesville, OH 43701
- Existing car wash with multi‑bay detail shop area
- Upgraded Macneil automatic equipment
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
$71,269
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
5.28%
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%
$1,425,380
$1.4M
Cap Rate 7%
$1,018,129
$1.0M
Cap Rate 9%
$791,878
$791.9K
Market Conditions
NOI Build-Up for 8,966 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
$99.0K $11.04/SF
− Vacancy
−$4.0K −$0.44/SF
EGI
$95.0K $10.60/SF
− OpEx
−$23.8K −$2.65/SF
NOI
$71.3K $7.95/SF
Area
Muskingum County, OH
Vacancy
4.00%
Lease Rate
$11.04 /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%
$1,425,380
Cap Rate 7%
$1,018,129
Cap Rate 9%
$791,878
Alternative Uses
Best Use
Specialty Retail
$1.02M
$890.9K – $1.19M
NOI $71,269 @ 7.0% cap · market cap 5.28%
Second Best
Retail
$830.6K
$726.8K – $969.1K
NOI $58,143 @ 7.0% cap · market cap 4.31%
Theoretical Best
Office A
$1.95M
$1.70M – $2.27M
NOI $136,220 @ 7.0% cap · market cap 10.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,132
Businesses Nearby
147k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 58%
Shops & Services 28%
Home Improvements & Furnishings 8%
Apparel 6%
McDonald's
Dining
39,284 visits/mo
0.4 miles
Taco Bell
Dining
12,897 visits/mo
0.1 miles
Burger King
Dining
12,425 visits/mo
0.2 miles
Dollar Tree
Shops & Services
11,604 visits/mo
0.1 miles
Harbor Freight Tools
Home Improvements & Furnishings
11,023 visits/mo
0.5 miles
Demographics for 43701, OH
55,361
Population
25,785
Households
2.1
Avg Household Size
42
Median Age
18%
College-Educated
90%
High-School Grad
180.5 sq mi
ZIP Area
307
Density / Sq Mi
$54,900
Median Household Income
$34,345
Median Earnings
$819
Median Rent
$164,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Car wash - Existing automotive facility with upgraded equipment, office space, customer amenities, and multiple restrooms.
Where is this car wash located?
The property is located at 2415 Maple Avenue Zanesville, OH.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: C‑4 zoning at 2415 Maple Avenue, Zanesville, OH 43701; Existing car wash with multi‑bay detail shop area; Upgraded Macneil automatic equipment
