Listing Agency: NAI Sioux Falls d***@naisiouxfalls.com Show Phone

Listed By: Dale Zomer · License #16458 Show Phone

Source: Naiglobal

Added: Mar 6 Changed: Jul 10 Last Checked: Aug 19 at 5:53AM

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Investment Insights

Based on property information with market context.

This commercial property operates as a car wash and includes vacuum stations, manual drive-in bays, and automatic drive-thru lanes. The property is located in Tea, South Dakota. The investment offers a capitalized rate of 9%.

Key Highlights

• 9% cap rate
• Automatic drive thru's
• Manual drive in's

Property Analytics

Property Profile

Current Use

Car washes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Barber Shop Pet Grooming Service Real Estate Agency Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

72

Businesses Nearby

Explore this area Business Placement

Demographics for 57064, SD

6,908

Population

2,652

Households

2.6

Avg Household Size

31

Median Age

39%

College-Educated

98%

High-School Grad

25.6 sq mi

ZIP Area

270

Density / Sq Mi

$104,351

Median Household Income

$54,400

Median Earnings

$1,132

Median Rent

$330,800

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this car washes located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Car wash - Established car wash facility with multiple service options for sale.

Where is this car wash located?

The property is located at 810 Gateway Lane Tea, SD.

What is the asking price?

The asking price for this property is $2,100,000.

What are key features of this property?

This property features: 9% cap rate; Automatic drive thru's; Manual drive in's