Auto Spa and Quick
For Sale
$2,500,000
44110 Sterling Hwy, Soldotna, AK 99669
Established auto spa offering quick lube, tire changes, detailing, and auto repair services.
Property Size9,035 SF
Price / SF$276.70
Days on Market95
Property Features for 44110 Sterling Hwy
General Information
Standard status
Active
Size
9,035 SF
Additional Details
Business Included
Yes
Building Details
Year Built
2006
Listing Agency:
Jack White Real Estate
Listed By:
Mike McLane · License #13324
(907) 227-1533
Source:
Kachemakgrouprealestate
Added: Jul 23
Changed: Oct 5
Last Checked: Oct 7 at 3:25PM
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 Jack White Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This established auto spa operation includes quick lube, tire change, detailing, and auto repair services. The property is presented for sale as a high-volume automotive business.
The offering is located at 44110 Sterling Hwy in Soldotna, Alaska.
The information provided focuses on the existing service mix for the business, supporting automotive use for operators seeking an on-site, established configuration.
The offering is located at 44110 Sterling Hwy in Soldotna, Alaska.
The information provided focuses on the existing service mix for the business, supporting automotive use for operators seeking an on-site, established configuration.
Key Highlights
- Established auto spa business offering quick lube and detailing services
- Provides tire change services
- Also offers auto repair services
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$145,413
Cap Rate
5.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,908,260
$2.9M
Cap Rate 7%
$2,077,329
$2.1M
Cap Rate 9%
$1,615,700
$1.6M
Market Conditions
NOI Build-Up for 9,035 SF
Gross rent
$216.8K $24.00/SF
− Vacancy
−$9.1K −$1.01/SF
EGI
$207.7K $22.99/SF
− OpEx
−$62.3K −$6.90/SF
NOI
$145.4K $16.09/SF
Area
Kenai Peninsula County, AK
Vacancy
4.20%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,908,260
Cap Rate 7%
$2,077,329
Cap Rate 9%
$1,615,700
Alternative Uses
Best Use
Retail
$2.08M
$1.82M – $2.42M
NOI $145,413 @ 7.0% cap · market cap 5.82%
Second Best
Industrial
$798.3K
$698.5K – $931.3K
NOI $55,879 @ 7.0% cap · market cap 2.24%
Theoretical Best
Multifamily LT 5
$62.66M
$54.83M – $73.11M
NOI $4,386,385 @ 7.0% cap · market cap 175.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Demographics for 99669, AK
15,531
Population
8,221
Households
1.9
Avg Household Size
41
Median Age
28%
College-Educated
94%
High-School Grad
244.7 sq mi
ZIP Area
63
Density / Sq Mi
$84,133
Median Household Income
$44,918
Median Earnings
$1,205
Median Rent
$304,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Auto shop - Established auto spa offering quick lube, tire changes, detailing, and auto repair services.
Where is this auto shop located?
The property is located at 44110 Sterling Hwy Soldotna, AK.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Established auto spa business offering quick lube and detailing services; Provides tire change services; Also offers auto repair services
