Turnkey Car Wash
3562 Lagrange St Toledo, OH 43608
For Sale
Contact for pricing
Turnkey car wash with two self-service bays and one automatic bay, with coin and card payment at the automatic bay.
Property Size2,970 SF
Price / SF$92.59
Days on Market25
Property Features for 3562 Lagrange St
General Information
Standard status
Active
Size
2,970 SF
Property subtype
RETAIL
Listing Agency:
SVN Ascension
(419) 766-9988
Listed By:
Ali Sayed · License ##SAL.2021006201
(419) 766-9988
Source:
Moodyscre
Added: Jul 6
Changed: Jul 28
Last Checked: Jul 28 at 12:41PM
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 SVN Ascension
Investment Insights
Based on property information with market context.
This turnkey car wash property includes three service bays: two self-service bays and one automatic bay. The automatic bay accepts both coin and card, and it is currently out of commission for repairs.
The property is offered for sale and is configured specifically for car washing operations with a compact, purpose-built layout centered on the three-bay system.
For buyers seeking an operational car wash setup, the site provides self-service capabilities through the two self-service bays and automatic-bay functionality that can return to service following the needed repairs.
The property is offered for sale and is configured specifically for car washing operations with a compact, purpose-built layout centered on the three-bay system.
For buyers seeking an operational car wash setup, the site provides self-service capabilities through the two self-service bays and automatic-bay functionality that can return to service following the needed repairs.
Key Highlights
- Turnkey car wash for sale
- Two self‑service bays
- One automatic bay with coin and card payment, currently out of commission for repairs
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 | $32.1k | $10.80 |
| − Vacancy | −$1.9k | −$0.65 |
| EGI | $30.2k | $10.15 |
| − OpEx | −$7.5k | −$2.54 |
| NOI | $22.6k | $7.61 |
2,970 SF · lease $10.80/SF/yr · vacancy 6.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$323.1K
$282.7K – $376.9K
NOI $22,614 @ 7.0% cap · market cap 8.22%
Second Best
Retail
$276.6K
$242.1K – $322.7K
NOI $19,364 @ 7.0% cap · market cap 7.04%
Theoretical Best
Office A
$494.3K
$432.5K – $576.7K
NOI $34,599 @ 7.0% cap · market cap 12.58%
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 - Turnkey car wash with two self-service bays and one automatic bay, with coin and card payment at the automatic bay.
Where is this self service car wash located?
The property is located at 3562 Lagrange St Toledo, OH.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Turnkey car wash for sale; Two self‑service bays; One automatic bay with coin and card payment, currently out of commission for repairs
