Car Wash Building with
For Sale
$220,000
600 W Roosevelt Rd, Little Rock, AR 72206
Freestanding car wash facility with three garage bays, two bathrooms, and an 800-square-foot canopy.
Property Size2,552 SF
Price / SF$86.21
Days on Market146
Property Features for 600 W Roosevelt Rd
General Information
Standard status
Active
Size
2,552 SF
Taxes and HOA fees
Annual Taxes
$1,199
Listing Agency:
TMK Properties
(870) 942-0800
Listed By:
Trey Stevens III
(870) 941-0353
Source:
Exprealty
Added: May 15
Changed: Sep 16
Last Checked: Oct 6 at 12:05AM
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 TMK Properties
Investment Insights
Based on property information with market context.
This freestanding car wash building is set up for automotive service, with three garage bays, each equipped with a garage door. The interior includes two bathrooms and a small retail area, supporting customer-facing needs alongside the bays. An 800-square-foot canopy extends the usable covered area at the property.
Located at 600 W Roosevelt Rd in Little Rock, AR, the site is supported by available traffic data estimating average daily traffic in the 13,000 to 18,000 vehicle range. The roof was re-coated in 2024, and the property has been family owned since 1972.
The building is currently leased to a car wash/detail business, offering an operational setup for an automotive-oriented tenant or a buyer looking for continuity with an existing arrangement. With its garage-bay configuration and covered canopy, the property is well matched for hands-on washing and detailing services that require drive-through access and space for customer interaction near the retail area.
Located at 600 W Roosevelt Rd in Little Rock, AR, the site is supported by available traffic data estimating average daily traffic in the 13,000 to 18,000 vehicle range. The roof was re-coated in 2024, and the property has been family owned since 1972.
The building is currently leased to a car wash/detail business, offering an operational setup for an automotive-oriented tenant or a buyer looking for continuity with an existing arrangement. With its garage-bay configuration and covered canopy, the property is well matched for hands-on washing and detailing services that require drive-through access and space for customer interaction near the retail area.
Key Highlights
- Freestanding car wash facility with 3 garage bays with garage doors
- Includes 2 bathrooms and a small retail area
- Features an 800‑square‑foot canopy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,592
Cap Rate
4.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$191,840
$191.8K
Cap Rate 7%
$137,029
$137.0K
Cap Rate 9%
$106,578
$106.6K
Market Conditions
NOI Build-Up for 2,552 SF
Gross rent
$14.4K $5.64/SF
− Vacancy
−$691 −$0.27/SF
EGI
$13.7K $5.37/SF
− OpEx
−$4.1K −$1.61/SF
NOI
$9.6K $3.76/SF
Area
Little Rock, AR
Vacancy
4.80%
Lease Rate
$5.64 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$191,840
Cap Rate 7%
$137,029
Cap Rate 9%
$106,578
Alternative Uses
Best Use
Specialty Retail
$438.0K
$383.2K – $511.0K
NOI $30,658 @ 7.0% cap · market cap 13.94%
Second Best
Retail
$408.8K
$357.7K – $476.9K
NOI $28,614 @ 7.0% cap · market cap 13.01%
Theoretical Best
Office A
$463.6K
$405.7K – $540.9K
NOI $32,452 @ 7.0% cap · market cap 14.75%
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
559
Businesses Nearby
Explore this area
Business Placement
Demographics for 72206, AR
22,974
Population
10,080
Households
2.3
Avg Household Size
43
Median Age
20%
College-Educated
87%
High-School Grad
111.6 sq mi
ZIP Area
206
Density / Sq Mi
$49,145
Median Household Income
$35,157
Median Earnings
$910
Median Rent
$132,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Car wash - Freestanding car wash facility with three garage bays, two bathrooms, and an 800-square-foot canopy.
Where is this car wash located?
The property is located at 600 W Roosevelt Rd Little Rock, AR.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Freestanding car wash facility with 3 garage bays with garage doors; Includes 2 bathrooms and a small retail area; Features an 800‑square‑foot canopy
