Car Wash Property with Parking
For Sale
$1,395,000
Pending
514 E KING ROAD, Malvern, PA 19355
Car wash property with on-site parking, central air, forced-air heating, and an electric water heater.
Property Size7,456 SF
Days on Market30
Property Features for 514 E KING ROAD
General Information
Standard status
Pending
Size
7,456 SF
Total Parking Spaces
32
Zoning
C70
Taxes and HOA fees
Annual Taxes
$13,618
Amenities
Central Air, Gas
Natural Gas, Forced Air
Electric Water Heater
Parking Lot
Building Details
Building Size
7,456 SF
Year Built
1988
Listing Agency:
(302) 690-4279
Listed By:
Michele A Endrich · License #R3-0011184
(302) 690-4279
Source:
Evrealestate
Added: Jul 8
Changed: Aug 5
Last Checked: Aug 6 at 3:25AM
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 Michele A Endrich
Investment Insights
Based on property information with market context.
This car wash property is located at 514 E King Road in Malvern, Pennsylvania. The site includes a parking lot and interior mechanical features consisting of central air, natural-gas forced-air heating, and an electric water heater. The property was built in 1988 and carries C70 zoning.
Access is provided from Route 30 via King Road, with the property positioned on the right before Lancaster Avenue when traveling west through Malvern. The address is in Chester County, providing a clearly identified location for automotive-focused commercial use.
Access is provided from Route 30 via King Road, with the property positioned on the right before Lancaster Avenue when traveling west through Malvern. The address is in Chester County, providing a clearly identified location for automotive-focused commercial use.
Key Highlights
- Car wash property at 514 E King Road, Malvern, PA 19355
- C70 zoning
- Parking lot included
Financial Insights For 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 | $134.2k | $18.00 |
| − Vacancy | −$13.8k | −$1.85 |
| EGI | $120.4k | $16.15 |
| − OpEx | −$36.1k | −$4.84 |
| NOI | $84.3k | $11.30 |
7,456 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.20M
$1.05M – $1.40M
NOI $84,269 @ 7.0% cap · market cap 6.04%
Second Best
Specialty Retail
$1.05M
$920.3K – $1.23M
NOI $73,625 @ 7.0% cap · market cap 5.28%
Theoretical Best
Office A
$2.26M
$1.98M – $2.64M
NOI $158,241 @ 7.0% cap · market cap 11.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
244
Businesses Nearby
Explore this area
Business Placement
Demographics for 19355, PA
29,273
Population
11,815
Households
2.5
Avg Household Size
41
Median Age
73%
College-Educated
97%
High-School Grad
38.3 sq mi
ZIP Area
764
Density / Sq Mi
$162,917
Median Household Income
$87,900
Median Earnings
$1,960
Median Rent
$662,200
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Car wash - Car wash property with on-site parking, central air, forced-air heating, and an electric water heater.
Where is this car wash located?
The property is located at 514 E KING ROAD Malvern, PA.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Car wash property at 514 E King Road, Malvern, PA 19355; C70 zoning; Parking lot included
