Multi-Bay Self Service Car
3241 N Woodford St Decatur, IL 62526
For Sale
Contact for pricing
Self-service car wash with eight bays, including automatic bays and dedicated truck bay, plus vacuum service.
Property Size4,224 SF
Price / SF$213.07
Days on Market53
Property Features for 3241 N Woodford St
General Information
Standard status
Active
Size
4,224 SF
Property subtype
RETAIL
Listing Agency:
Main Place Real Estate
(217) 454-8800
Listed By:
Zane Peterson · License #481010682
(217) 454-8800
Source:
Moodyscre
Added: Jun 8
Changed: Jul 26
Last Checked: Jul 29 at 3:55PM
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 Main Place Real Estate
Investment Insights
Based on property information with market context.
This for-sale self-service car wash features a total of eight bays, including two automatic bays and six manual bays. The property includes one dedicated truck bay and vacuum stations to accommodate a range of vehicles.
A second car wash component (Car Wash 2) includes six bays with two automatic and four manual bays, along with additional amenities such as vacuums and a dedicated pet washing station. The setup is designed to support multiple service offerings on-site.
The property totals 4,224 square feet and is located at 3241 N Woodford St, Decatur, IL 62526. The parcels cannot be merged because they are located in different directions.
A second car wash component (Car Wash 2) includes six bays with two automatic and four manual bays, along with additional amenities such as vacuums and a dedicated pet washing station. The setup is designed to support multiple service offerings on-site.
The property totals 4,224 square feet and is located at 3241 N Woodford St, Decatur, IL 62526. The parcels cannot be merged because they are located in different directions.
Key Highlights
- Self‑service car wash with 8 total bays: 2 automatic and 6 manual
- Includes 1 dedicated truck bay for service of larger vehicles
- Vacuum service available onsite for added customer convenience
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 | $72.0k | $17.04 |
| − Vacancy | −$5.8k | −$1.36 |
| EGI | $66.2k | $15.68 |
| − OpEx | −$16.6k | −$3.92 |
| NOI | $49.7k | $11.76 |
4,224 SF · lease $17.04/SF/yr · vacancy 8.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$709.5K
$620.8K – $827.7K
NOI $49,664 @ 7.0% cap · market cap 5.52%
Second Best
Retail
$542.0K
$474.2K – $632.3K
NOI $37,937 @ 7.0% cap · market cap 4.22%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Self service car wash - Self-service car wash with eight bays, including automatic bays and dedicated truck bay, plus vacuum service.
Where is this self service car wash located?
The property is located at 3241 N Woodford St Decatur, IL.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Self‑service car wash with 8 total bays: 2 automatic and 6 manual; Includes 1 dedicated truck bay for service of larger vehicles; Vacuum service available onsite for added customer convenience
