Coin-Operated Car Wash
For Sale
$675,000
4625 Camp Robinson Rd, North Little Rock, AR 72118
Established 7-bay, coin-operated car wash site for continued automated vehicle washing operations.
Property Size3,250 SF
Price / SF$207.69
Days on Market161
Property Features for 4625 Camp Robinson Rd
General Information
Standard status
Active
Size
3,250 SF
Listing Agency:
Michele Phillips & Co. Realtors
(501) 213-9518
Listed By:
Young Chun
(501) 213-9518
Source:
Exprealty
Added: Mar 2
Changed: Jul 10
Last Checked: Aug 9 at 11:15AM
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 Michele Phillips & Co. Realtors
Investment Insights
Based on property information with market context.
This sale features a well-established 7-bay, coin-operated car wash facility designed for self-service vehicle cleaning. The operation is set up for automated, pay-as-you-go use across seven bays, supporting a straightforward model for ongoing wash activity.
The property is located at 4625 Camp Robinson Rd in North Little Rock, AR. As an automotive-focused site, it is suited for buyers looking to own an on-site car wash business with dedicated bay infrastructure.
For prospective operators and investors, the primary value is the existing, purpose-built car wash configuration with coin-operated functionality across multiple bays. A self-service layout can be attractive for maintaining consistent operations and accommodating multiple vehicles at once, rather than relying on appointment-based service. This property is best suited for buyers who want to acquire an operating car wash facility and continue running the self-service, coin-operated format at the site.
The property is located at 4625 Camp Robinson Rd in North Little Rock, AR. As an automotive-focused site, it is suited for buyers looking to own an on-site car wash business with dedicated bay infrastructure.
For prospective operators and investors, the primary value is the existing, purpose-built car wash configuration with coin-operated functionality across multiple bays. A self-service layout can be attractive for maintaining consistent operations and accommodating multiple vehicles at once, rather than relying on appointment-based service. This property is best suited for buyers who want to acquire an operating car wash facility and continue running the self-service, coin-operated format at the site.
Key Highlights
- Established 7‑bay, coin‑operated car wash site
- Set up for continued automated vehicle washing operations
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$43,396
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.43%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$867,920
$867.9K
Cap Rate 7%
$619,943
$619.9K
Cap Rate 9%
$482,178
$482.2K
Market Conditions
NOI Build-Up for 3,250 SF
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.
Gross rent
$61.6K $18.96/SF
− Vacancy
−$3.8K −$1.16/SF
EGI
$57.9K $17.80/SF
− OpEx
−$14.5K −$4.45/SF
NOI
$43.4K $13.35/SF
Area
Pulaski County, AR
Vacancy
6.10%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$867,920
Cap Rate 7%
$619,943
Cap Rate 9%
$482,178
Alternative Uses
Best Use
Specialty Retail
$619.9K
$542.5K – $723.3K
NOI $43,396 @ 7.0% cap · market cap 6.43%
Second Best
Retail
$428.5K
$374.9K – $499.9K
NOI $29,993 @ 7.0% cap · market cap 4.44%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
471
Businesses Nearby
76k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 46%
Dining 42%
Apparel 8%
Electronics 3%
SONIC Drive In
Dining
14,082 visits/mo
0.1 miles
Dollar Tree
Shops & Services
8,139 visits/mo
0.2 miles
Exxon
Shops & Services
7,620 visits/mo
0.2 miles
Burger King
Dining
7,419 visits/mo
0.5 miles
Senor Tequila
Dining
7,015 visits/mo
0.5 miles
Demographics for 72118, AR
22,582
Population
10,823
Households
2.1
Avg Household Size
37
Median Age
20%
College-Educated
88%
High-School Grad
27.6 sq mi
ZIP Area
818
Density / Sq Mi
$47,266
Median Household Income
$35,608
Median Earnings
$978
Median Rent
$115,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Self service car wash - Established 7-bay, coin-operated car wash site for continued automated vehicle washing operations.
Where is this self service car wash located?
The property is located at 4625 Camp Robinson Rd North Little Rock, AR.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Established 7‑bay, coin‑operated car wash site; Set up for continued automated vehicle washing operations
