Self-Serve Car Wash
410 Community Dr North Liberty, IA 52317
410 Community Dr, North Liberty, IA, 52317
$750,000
For Sale
$750,000
Operating car wash on a 0.61-acre parcel with three touch-free bays, three self-serve bays, and vacuum stations.
Property Size3,958 SF
Lot Size0.61 Acres
Price / SF$189.49
Days on Market278
Property Features for 410 Community Dr
General Information
- Standard status
- Active
- Size
- 3,958 SF
- Lot size
- 0.61 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2004
Listing Agency
SKOGMAN REALTY
(319) 270-6253
Listed by
Tatiana McClinton
(319) 270-6253
Source
Pinnaclerealtyia
Added: Oct 17, 2025 Updated: Jul 20 at 4:43 pm Checked: Jul 20 at 4:43 pm
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 SKOGMAN REALTY
Investment Insights
Based on property information with market context.
This operating self-serve car wash facility is located on a 0.61-acre commercial parcel and includes three touch-free auto wash bays and three self-serve wash bays. The site also has six car vacuum stations, including shampoo and fragrance vacuum features, along with a bill changer and a vending machine. An in-floor heat boiler system is installed, with the boiler reported as new within the last few years.
The property is positioned near the Hwy 965 and Penn St intersection, providing high visibility for passing commuter traffic. The parcel has been used as a profitable car wash business for more than 20 years and remains in operation.
For sale as a redevelopment opportunity, the property includes the listed car wash equipment, including wash bays and vacuum stations, which can support continued operation or redevelopment planning.
The property is positioned near the Hwy 965 and Penn St intersection, providing high visibility for passing commuter traffic. The parcel has been used as a profitable car wash business for more than 20 years and remains in operation.
For sale as a redevelopment opportunity, the property includes the listed car wash equipment, including wash bays and vacuum stations, which can support continued operation or redevelopment planning.
Key Highlights
- Operating car wash on a 0.61‑acre commercial parcel used as a car wash business for over 20 years
- Equipment included: 3 touch‑free auto wash bays and 3 self‑serve wash bays
- Includes 6 car vacuum stations plus a shampoo vacuum and fragrance vacuum
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 | $61.3k | $15.48 |
| − Vacancy | −$5.2k | −$1.31 |
| EGI | $56.1k | $14.17 |
| − OpEx | −$14.0k | −$3.54 |
| NOI | $42.1k | $10.63 |
3,958 SF · lease $15.48/SF/yr · vacancy 8.44% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$601.1K
$525.9K – $701.2K
NOI $42,074 @ 7.0% cap · market cap 5.61%
Second Best
Retail
$535.8K
$468.8K – $625.1K
NOI $37,503 @ 7.0% cap · market cap 5.00%
Theoretical Best
Office A
$859.8K
$752.3K – $1.00M
NOI $60,187 @ 7.0% cap · market cap 8.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Self service car ...
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FAQs
What type of property is this?
Car wash - Operating car wash on a 0.61-acre parcel with three touch-free bays, three self-serve bays, and vacuum stations.
Where is this car wash located?
The property is located at 410 Community Dr North Liberty, IA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Operating car wash on a 0.61‑acre commercial parcel used as a car wash business for over 20 years; Equipment included: 3 touch‑free auto wash bays and 3 self‑serve wash bays; Includes 6 car vacuum stations plus a shampoo vacuum and fragrance vacuum
