Self-Service Car Wash with Automatic
For Sale
$165,000
801 W Saint Peter Street, New Iberia, LA 70560
The facility combines self-wash bays, an automatic lane, and vacuum stations for multiple wash options.
Property Size3,900 SF
Price / SF$42.31
Days on Market149
Property Features for 801 W Saint Peter Street
General Information
Standard status
Active
Size
3,900 SF
Automotive
Car Wash Bays
6
Automotive Uses
car wash
Car Wash Format
self-serve bays, in-bay automatic
Vacuum Stations
6
Listing Agency:
The Gleason Group
(337) 262-7873
Listed By:
Barton Broussard · License #52896
(337) 380-9511
Source:
Exprealty
Added: Jun 5
Changed: Oct 31
Last Checked: Oct 31 at 3:28AM
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 The Gleason Group
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Investment Insights
Based on property information with market context.
This self-service car wash offers 3,900 square feet of facility space, with five self-service stalls, one automatic lane, and six vacuum stations. Its mix of wash formats and vacuum capacity supports a range of customer preferences.
Located at 801 W Saint Peter Street in New Iberia, Louisiana, the property is offered for sale.
Located at 801 W Saint Peter Street in New Iberia, Louisiana, the property is offered for sale.
Key Highlights
- Five self‑service stalls
- One automatic wash lane
- Six vacuum stations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,610
Cap Rate
7.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$252,200
$252.2K
Cap Rate 7%
$180,143
$180.1K
Cap Rate 9%
$140,111
$140.1K
Market Conditions
NOI Build-Up for 3,900 SF
Gross rent
$17.6K $4.50/SF
− Vacancy
−$737 −$0.19/SF
EGI
$16.8K $4.31/SF
− OpEx
−$4.2K −$1.08/SF
NOI
$12.6K $3.23/SF
Area
Iberia County, LA
Vacancy
4.20%
Lease Rate
$4.50 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$252,200
Cap Rate 7%
$180,143
Cap Rate 9%
$140,111
Alternative Uses
Best Use
Retail
$448.3K
$392.3K – $523.1K
NOI $31,384 @ 7.0% cap · market cap 19.02%
Second Best
Industrial
$289.5K
$253.3K – $337.7K
NOI $20,262 @ 7.0% cap · market cap 12.28%
Theoretical Best
Office A
$645.0K
$564.4K – $752.6K
NOI $45,153 @ 7.0% cap · market cap 27.37%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
469
Businesses Nearby
21k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 76%
Dining 24%
Roses Discount Store
Shops & Services
10,348 visits/mo
0.4 miles
Dollar General
Shops & Services
5,957 visits/mo
0.5 miles
Church's Chicken
Dining
5,102 visits/mo
0.3 miles
Demographics for 70560, LA
39,457
Population
16,970
Households
2.3
Avg Household Size
38
Median Age
11%
College-Educated
80%
High-School Grad
176.1 sq mi
ZIP Area
224
Density / Sq Mi
$48,296
Median Household Income
$31,864
Median Earnings
$886
Median Rent
$126,500
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
Frequently Asked Questions
What type of property is this?
Self service car wash - The facility combines self-wash bays, an automatic lane, and vacuum stations for multiple wash options.
Where is this self service car wash located?
The property is located at 801 W Saint Peter Street New Iberia, LA.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Five self‑service stalls; One automatic wash lane; Six vacuum stations
