Self Service Car Wash
3118 W Indian School Road Phoenix, AZ 85017
3118 W Indian School Road, Phoenix, AZ, 85017
$995,000
For Sale
$995,000
Infill car wash site with an existing 24-hour self-service operation and established ingress/egress on C2-zoned land.
Property Size3,178 SF
Price / SF$313.09
Days on Market28
Property Features for 3118 W Indian School Road
General Information
- Standard status
- Active
- Size
- 3,178 SF
Listing agency
Realty ONE Group
(480) 329-0945
Listed by
Alex J. DeFalco
(480) 329-0945
Source
Exprealty
Added: Jun 25 Updated: Jul 22 at 9:58AM Checked: Jul 22 at 9:58AM
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 Realty ONE Group
Investment Insights
Based on property information with market context.
This for-sale infill commercial property features an existing 24-hour self-service car wash operation. Improvements total 3,168 SF, supported by existing car wash utility infrastructure intended to support ongoing wash operations.
The site is positioned along W Indian School Rd in Phoenix and includes established ingress and egress for vehicle access and circulation. The property is described as just under half an acre and is offered in C2 commercial zoning.
The existing operating configuration provides immediate utility for a wash operator or related automotive user, with additional longer-term opportunities for modernization, repositioning, or alternative redevelopment subject to buyer verification and municipal approvals.
The site is positioned along W Indian School Rd in Phoenix and includes established ingress and egress for vehicle access and circulation. The property is described as just under half an acre and is offered in C2 commercial zoning.
The existing operating configuration provides immediate utility for a wash operator or related automotive user, with additional longer-term opportunities for modernization, repositioning, or alternative redevelopment subject to buyer verification and municipal approvals.
Key Highlights
- Phoenix infill commercial site at 3118 W Indian School Rd with an existing 24‑hour self‑service car wash operation
- Just under 1/2 acre lot with 3,168 SF of existing improvements
- C2 commercial zoning
Local Financial Insights For Specialty Retail
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 | $68.6k | $21.60 |
| − Vacancy | −$5.5k | −$1.73 |
| EGI | $63.2k | $19.87 |
| − OpEx | −$15.8k | −$4.97 |
| NOI | $47.4k | $14.90 |
3,178 SF · lease $21.60/SF/yr · vacancy 8.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$676.6K
$592.1K – $789.4K
NOI $47,365 @ 7.0% cap · market cap 4.76%
Second Best
Retail
$513.1K
$449.0K – $598.6K
NOI $35,918 @ 7.0% cap · market cap 3.61%
Theoretical Best
Office A
$962.6K
$842.3K – $1.12M
NOI $67,385 @ 7.0% cap · market cap 6.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Car Wash
Car Wash
Similar For Sale Nearby
FAQs
What type of property is this?
Self service car wash - Infill car wash site with an existing 24-hour self-service operation and established ingress/egress on C2-zoned land.
Where is this self service car wash located?
The property is located at 3118 W Indian School Road Phoenix, AZ.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Phoenix infill commercial site at 3118 W Indian School Rd with an existing 24‑hour self‑service car wash operation; Just under 1/2 acre lot with 3,168 SF of existing improvements; C2 commercial zoning
