Self-Serve Car Wash
4702 Central Avenue Hot Springs, AR 71913
4702 Central Avenue, Hot Springs, AR, 71913
Contact for pricing
For Sale
Contact for pricing
Self-serve car wash with four wash bays and four vacuums on a 0.50-acre lot.
Property Size2,370 SF
Lot Size0.50 Acres
Price / SF$208.86
Days on Market54
Property Features for 4702 Central Avenue
General Information
- Standard status
- Active
- Size
- 2,370 SF
- Lot size
- 0.50 Acres
- Property subtype
- Special Purpose
Building Details
- Year Built
- 2003
Listing agency
Gehrki Commercial Real Estate
Listed by
Brian Gehrki · License #AR PB00027119
Source
Crexi
Added: May 29 Updated: Jul 20 at 8:23PM Checked: Jul 21 at 8:56AM
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 Gehrki Commercial Real Estate
Investment Insights
Based on property information with market context.
This for-sale self-serve car wash facility offers 2,370 square feet +/- and operates with four self-serve wash bays and four vacuums, designed for convenient in-bay washing and vacuum service.
The property is situated on AR Hwy 7 in a highly visible location near four major car dealerships, with a stated traffic count of 26,000 vehicles per day. The site is zoned C-R (Regional Commercial).
The offering includes the car wash building and the improvements supporting the self-serve bays and vacuum stations on a 0.50-acre site.
The property is situated on AR Hwy 7 in a highly visible location near four major car dealerships, with a stated traffic count of 26,000 vehicles per day. The site is zoned C-R (Regional Commercial).
The offering includes the car wash building and the improvements supporting the self-serve bays and vacuum stations on a 0.50-acre site.
Key Highlights
- Hamilton Car Wash built in 2003
- 2,370 SF +/- self‑serve car wash with 4 self‑serve wash bays
- 4 vacuum stations on‑site
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 | $35.6k | $15.00 |
| − Vacancy | −$2.1k | −$0.90 |
| EGI | $33.4k | $14.10 |
| − OpEx | −$8.4k | −$3.53 |
| NOI | $25.1k | $10.58 |
2,370 SF · lease $15.00/SF/yr · vacancy 6.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$358.0K
$313.3K – $417.7K
NOI $25,063 @ 7.0% cap · market cap 5.06%
Second Best
Retail
$267.3K
$233.9K – $311.9K
NOI $18,714 @ 7.0% cap · market cap 3.78%
Theoretical Best
Office A
$433.4K
$379.3K – $505.7K
NOI $30,340 @ 7.0% cap · market cap 6.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Central City Sudz
Car Wash
Similar For Sale Nearby
FAQs
What type of property is this?
Self service car wash - Self-serve car wash with four wash bays and four vacuums on a 0.50-acre lot.
Where is this self service car wash located?
The property is located at 4702 Central Avenue Hot Springs, AR.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Hamilton Car Wash built in 2003; 2,370 SF +/- self‑serve car wash with 4 self‑serve wash bays; 4 vacuum stations on‑site
