Car Wash Property with
For Sale
$799,000
30 Sturges Road, Peckville, PA 18452
COMMERCIAL - Peckville, PA
Property Size8,010 SF
Lot Size3.84 Acres
Price / SF$99.75
Days on Market175
Property Features for 30 Sturges Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C1
Zoning description
Commercial
Lot features
Corner Lot, Level, Open Lot, Not In Development, Near Shopping Center, Near General Business, Near Central Business District
Elementary school district
Valley View
Middle school district
Valley View
High school district
Valley View
Directions
Business Route 6 on the Scranton Carbondale Highway, turn down Terrace Dr. and then make a right on 247 Wildcat Rd which turns into Sturges Rd. Property on the left at Danny's Car Wash.
Standard status
Active
APN
10302010017
Size
8,010 SF
Lot size
3.84 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
3.84A W-03 B-006 L-027 P-000
Tax Annual Amount
8557
Legal Description
3.84A W-03 B-006 L-027 P-000
Utilities
Water source
Public
Amenities
office
enclosed storage units
paved lot
Building Details
Year built
2001
Floors in Building
1
Number of units
1
Flooring type
Concrete
Listing Agency:
REALTY NETWORK GROUP
(570) 585-6880
Listed By:
Dianne Montana, Broker of Record · License #RM423953
(570) 983-7030
Added: Feb 26
Changed: Aug 18
Last Checked: Aug 20 at 8:06AM
MLS# SC260752
Copyright © 2026 Greater Scranton Board of Realtors MLS. 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 8,010-square-foot car wash property combines automotive service infrastructure with enclosed storage and office space. The facility includes two wash tunnels that have been converted to open-use areas, manual car wash bays, and enclosed storage units. Concrete flooring is present throughout, and the property was built in 2001.
The improvements occupy a 3.84-acre parcel with a paved parking area and additional room on the site for expansion or added improvements. Public water serves the property, which is zoned C1. The facility is located near Route 6 in Peckville, Pennsylvania, providing a commercial setting for its existing automotive and storage configuration.
The improvements occupy a 3.84-acre parcel with a paved parking area and additional room on the site for expansion or added improvements. Public water serves the property, which is zoned C1. The facility is located near Route 6 in Peckville, Pennsylvania, providing a commercial setting for its existing automotive and storage configuration.
Key Highlights
- 8,010‑square‑foot car wash and storage facility
- 3.84‑acre parcel with paved parking
- Two car wash tunnels converted to blank space
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
$69,572
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
8.71%
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%
$1,391,440
$1.4M
Cap Rate 7%
$993,886
$993.9K
Cap Rate 9%
$773,022
$773.0K
Market Conditions
NOI Build-Up for 8,010 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
$105.7K $13.20/SF
− Vacancy
−$6.3K −$0.79/SF
EGI
$99.4K $12.41/SF
− OpEx
−$29.8K −$3.72/SF
NOI
$69.6K $8.69/SF
Area
Lackawanna County, PA
Vacancy
6.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
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%
$1,391,440
Cap Rate 7%
$993,886
Cap Rate 9%
$773,022
Alternative Uses
Best Use
Specialty Retail
$1.23M
$1.08M – $1.44M
NOI $86,328 @ 7.0% cap · market cap 10.80%
Second Best
Retail
$1.08M
$940.9K – $1.25M
NOI $75,274 @ 7.0% cap · market cap 9.42%
Theoretical Best
Office A
$2.03M
$1.78M – $2.37M
NOI $142,316 @ 7.0% cap · market cap 17.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
414
Businesses Nearby
Explore this area
Business Placement
Demographics for 18452, PA
4,950
Population
2,502
Households
2
Avg Household Size
47
Median Age
25%
College-Educated
95%
High-School Grad
1.9 sq mi
ZIP Area
2,605
Density / Sq Mi
$58,526
Median Household Income
$32,234
Median Earnings
$960
Median Rent
$189,200
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Car wash - Mixed-use automotive facility with wash bays, enclosed storage, office space, and a paved parking area.
Where is this car wash located?
The property is located at 30 Sturges Road Peckville, PA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 8,010‑square‑foot car wash and storage facility; 3.84‑acre parcel with paved parking; Two car wash tunnels converted to blank space
