Building Details

Year Built 1960

Stories 1

Units 2

Tenancy Single

Listing Agency: RE/MAX Preferred

Listed By: Jamie Phephles · License #WI 57110-90 Show Phone

Source: Crexi

Added: May 11 Changed: Oct 13 Last Checked: Oct 12 at 7:53PM

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Investment Insights

Based on property information with market context.

This property features a laundromat and a self-serve carwash with 2 bays. The exterior has been repainted, and the roof has been updated. It is located in the heart of La Valle, Wisconsin, and is surrounded by two lake communities. The building offers possibilities for continuing the current business or for alternative uses. The property size is 2,688 square feet.

Key Highlights

• Laundromat and self‑serve 2‑bay carwash included.
• Repainted exterior and roof.
• Located in the heart of La Valle.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$11,995

Cap Rate

8.57%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$239,900 $239.9K

Cap Rate 7%

$171,357 $171.4K

Cap Rate 9%

$133,278 $133.3K

Market Conditions

NOI Build-Up for 2,688 SF

Gross rent

$18.4K $6.84/SF

− Vacancy

−$1.3K −$0.47/SF

EGI

$17.1K $6.37/SF

− OpEx

−$5.1K −$1.91/SF

NOI

$12.0K $4.46/SF

Area

Sauk County, WI

Vacancy

6.80%

Lease Rate

$6.84 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$239,900

Cap Rate 7%

$171,357

Cap Rate 9%

$133,278

Alternative Uses

Best Use

Specialty Retail

$504.9K

$441.8K – $589.1K (±1% cap)

NOI $35,345 @ 7.0% cap · market cap 25.26%

Second Best

Retail

$387.1K

$338.7K – $451.6K (±1% cap)

NOI $27,095 @ 7.0% cap · market cap 19.37%

Theoretical Best

Office A

$544.1K

$476.1K – $634.8K (±1% cap)

NOI $38,088 @ 7.0% cap · market cap 27.23%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Self service car ...

Suggested Use

Top Pick Plumbing Service Furniture & Home Goods Grocery & Convenience Store Garden Center Butcher Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

66

Businesses Nearby

Explore this area Business Placement

Demographics for 53941, WI

3,044

Population

1,837

Households

1.7

Avg Household Size

44

Median Age

26%

College-Educated

91%

High-School Grad

68.7 sq mi

ZIP Area

44

Density / Sq Mi

$80,518

Median Household Income

$40,533

Median Earnings

$794

Median Rent

$252,500

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this self service car washes located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Self service car wash - Laundromat and self-serve carwash in La Valle, Wisconsin.

Where is this self service car wash located?

The property is located at 300 W Main La Valle, WI.

What is the asking price?

The asking price for this property is $139,900.

What are key features of this property?

This property features: Laundromat and self‑serve 2‑bay carwash included.; Repainted exterior and roof.; Located in the heart of La Valle.