Car and Dog Wash
For Sale
$225,000
50 Eastside Rd, Platteville, WI 53818
High-visibility car and dog wash near highway, hospital, and retail.
Property Size2,420 SF
Price / SF$92.98
Days on Market158
Property Features for 50 Eastside Rd
General Information
Standard status
Active
Size
2,420 SF
Property subtype
Business Opportunity
Taxes and HOA fees
Annual Taxes
$4,560
Listing Agency:
Fisher Realty Group, LLC
Listed By:
Kimberly Zeitler · License #5837490
(608) 778-4166
Source:
Exprealty
Added: May 6
Changed: Oct 4
Last Checked: Oct 10 at 12:25AM
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 Fisher Realty Group, LLC
Investment Insights
Based on property information with market context.
This property, currently operating as a car and dog wash, is situated in a high-visibility location near the highway, hospital, and retail shopping areas. The sale includes the land and building, offering an opportunity to establish a new business. The building has a size of 2420 square feet.
Key Highlights
- High visibility location near highway, hospital, and retail shopping.
- Land and building included in the sale.
- Opportunity to build a new business.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,225
Cap Rate
6.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$284,500
$284.5K
Cap Rate 7%
$203,214
$203.2K
Cap Rate 9%
$158,056
$158.1K
Market Conditions
NOI Build-Up for 2,420 SF
Gross rent
$21.8K $9.00/SF
− Vacancy
−$1.5K −$0.60/SF
EGI
$20.3K $8.40/SF
− OpEx
−$6.1K −$2.52/SF
NOI
$14.2K $5.88/SF
Area
Grant County, WI
Vacancy
6.70%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$284,500
Cap Rate 7%
$203,214
Cap Rate 9%
$158,056
Alternative Uses
Best Use
Specialty Retail
$478.8K
$419.0K – $558.6K
NOI $33,518 @ 7.0% cap · market cap 14.90%
Second Best
Retail
$446.9K
$391.0K – $521.4K
NOI $31,283 @ 7.0% cap · market cap 13.90%
Theoretical Best
Office A
$670.0K
$586.2K – $781.6K
NOI $46,897 @ 7.0% cap · market cap 20.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
220
Businesses Nearby
56k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 45%
Groceries 32%
Dining 11%
Shops & Services 9%
Blain's Farm & Fleet
Apparel
25,164 visits/mo
0.4 miles
Aldi
Groceries
17,931 visits/mo
0.4 miles
Taco John's
Dining
5,967 visits/mo
0.2 miles
O'Reilly Auto Parts
Shops & Services
2,547 visits/mo
0.3 miles
Ashley
Home Improvements & Furnishings
1,219 visits/mo
0.3 miles
Demographics for 53818, WI
15,786
Population
6,146
Households
2.6
Avg Household Size
28
Median Age
39%
College-Educated
93%
High-School Grad
154.4 sq mi
ZIP Area
102
Density / Sq Mi
$55,615
Median Household Income
$20,296
Median Earnings
$887
Median Rent
$214,200
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 Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Car wash - High-visibility car and dog wash near highway, hospital, and retail.
Where is this car wash located?
The property is located at 50 Eastside Rd Platteville, WI.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: High visibility location near highway, hospital, and retail shopping.; Land and building included in the sale.; Opportunity to build a new business.
