Turnkey Car Wash & Oil
47365 Five Mile Rd Plymouth, MI 48170
47365 Five Mile Rd, Plymouth, MI, 48170
$499,800
For Sale
$499,800
Newer 110-foot tunnel car wash plus a four-bay oil change setup, offered as a turn-key business with long-term lease.
Property Size5,000 SF
Price / SF$99.96
Days on Market79
Property Features for 47365 Five Mile Rd
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Property subtype
- Business Opportunity
Listing agency
Century 21 Curran & Oberski
(313) 203-8214
Listed by
Bill M Darwich · License #6501368264
(313) 203-8214
Source
Exprealty
Added: May 6 Updated: Jul 22 at 2:32PM Checked: Jul 22 at 2:32PM
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 Century 21 Curran & Oberski
Investment Insights
Based on property information with market context.
This for-sale car wash and oil change business is offered as a completely turn-key operation. The property includes a newer-built 2008, 110-foot tunnel car wash with updated equipment, along with a four-bay oil change facility.
The business is located on a corner at Five Mile and Beck, in a growing area of the City of Plymouth and the City of Northville, with high traffic counts cited in the listing.
A long-term lease is in place at a “great rate,” and the listing notes room for growth for an owner-operator or investor. All other details are described as approximate in the provided remarks.
The business is located on a corner at Five Mile and Beck, in a growing area of the City of Plymouth and the City of Northville, with high traffic counts cited in the listing.
A long-term lease is in place at a “great rate,” and the listing notes room for growth for an owner-operator or investor. All other details are described as approximate in the provided remarks.
Key Highlights
- 110‑ft tunnel car wash built in 2008 with updated equipment
- Four‑bay oil change setup included
- Business offered as turn‑key with a long‑term lease in place
Local Financial Insights For Industrial
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 | $38.4k | $7.68 |
| − Vacancy | −$1.4k | −$0.28 |
| EGI | $37.0k | $7.40 |
| − OpEx | −$11.1k | −$2.22 |
| NOI | $25.9k | $5.18 |
5,000 SF · lease $7.68/SF/yr · vacancy 3.70% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$925.7K
$810.0K – $1.08M
NOI $64,800 @ 7.0% cap · market cap 12.97%
Second Best
Retail
$676.8K
$592.2K – $789.6K
NOI $47,376 @ 7.0% cap · market cap 9.48%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Shell Car Wash
Car Wash
Similar For Sale Nearby
FAQs
What type of property is this?
Car wash - Newer 110-foot tunnel car wash plus a four-bay oil change setup, offered as a turn-key business with long-term lease.
Where is this car wash located?
The property is located at 47365 Five Mile Rd Plymouth, MI.
What is the asking price?
The asking price for this property is $499,800.
What are key features of this property?
This property features: 110‑ft tunnel car wash built in 2008 with updated equipment; Four‑bay oil change setup included; Business offered as turn‑key with a long‑term lease in place
