Standalone Car
For Sale
Contact for pricing
4901 82nd Avenue North, Pinellas Park, FL 33781
Corner-site car wash built in 1981 along the high-traffic 49th Street corridor.
Property Size2,080 SF
Price / SF$283.65
Days on Market23
Property Features for 4901 82nd Avenue North
General Information
Standard status
Active
Size
2,080 SF
Property subtype
Retail, Business for Sale
Additional Details
Road Access
Yes
Building Details
Year Built
1981
Units
1
Listing Agency:
A Better Life Realty LLC
(863) 287-4672
Listed By:
Tony Kelly · License #SL3320960
Source:
Crexi
Added: Aug 10
Changed: Aug 31
Last Checked: Aug 31 at 9:20AM
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 A Better Life Realty LLC
Investment Insights
Based on property information with market context.
This standalone car wash occupies a corner lot and was built in 1981. The property is located at 4901 82nd Avenue North in Pinellas Park, Florida, with 49th Street identified as a high-traffic corridor. The asset is classified specifically as a car wash property.
Key Highlights
- Standalone car wash property
- Corner lot configuration
- Built in 1981
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
$23,119
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
3.92%
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%
$462,380
$462.4K
Cap Rate 7%
$330,271
$330.3K
Cap Rate 9%
$256,878
$256.9K
Market Conditions
NOI Build-Up for 2,080 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
$32.4K $15.60/SF
− Vacancy
−$1.6K −$0.78/SF
EGI
$30.8K $14.82/SF
− OpEx
−$7.7K −$3.70/SF
NOI
$23.1K $11.11/SF
Area
Pinellas County, FL
Vacancy
5.00%
Lease Rate
$15.60 /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%
$462,380
Cap Rate 7%
$330,271
Cap Rate 9%
$256,878
Alternative Uses
Best Use
Specialty Retail
$330.3K
$289.0K – $385.3K
NOI $23,119 @ 7.0% cap · market cap 3.92%
Second Best
Retail
$291.7K
$255.3K – $340.3K
NOI $20,420 @ 7.0% cap · market cap 3.46%
Theoretical Best
Office A
$541.0K
$473.4K – $631.2K
NOI $37,872 @ 7.0% cap · market cap 6.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,146
Businesses Nearby
19k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 54%
Dining 46%
Popeyes Louisiana Kitchen
Dining
8,964 visits/mo
0.5 miles
Food Mart
Shops & Services
3,024 visits/mo
0.5 miles
Advance Auto Parts
Shops & Services
2,567 visits/mo
0.5 miles
Value Pawn & Jewelry
Shops & Services
1,985 visits/mo
0.4 miles
O'Reilly Auto Parts
Shops & Services
1,709 visits/mo
0.5 miles
Demographics for 33781, FL
27,349
Population
12,370
Households
2.2
Avg Household Size
42
Median Age
22%
College-Educated
82%
High-School Grad
6.6 sq mi
ZIP Area
4,144
Density / Sq Mi
$55,378
Median Household Income
$37,039
Median Earnings
$1,197
Median Rent
$251,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Car wash - Corner-site car wash built in 1981 along the high-traffic 49th Street corridor.
Where is this car wash located?
The property is located at 4901 82nd Avenue North Pinellas Park, FL.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: Standalone car wash property; Corner lot configuration; Built in 1981
