Self-Service Car
For Sale
Contact for pricing
8410 Detroit Avenue, Cleveland, OH 44102
Customer-operated vehicle washing facility in an established commercial building.
Property Size3,221 SF
Price / SF$148.87
Days on Market163
Property Features for 8410 Detroit Avenue
General Information
Standard status
Active
Size
3,221 SF
Property subtype
Retail, Special Purpose
Building Details
Year Built
1986
Listing Agency:
Hanna Commercial Real Estate Cleveland
Listed By:
David R. Stover · License #OH SAL.0000368792
Source:
Crexi
Added: May 6
Changed: Oct 3
Last Checked: Oct 14 at 10:55PM
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 Hanna Commercial Real Estate Cleveland
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Investment Insights
Based on property information with market context.
This self-service car wash property comprises a 3,221-square-foot commercial building constructed in 1986. The asset is designed for customer-operated vehicle cleaning and is located at 8410 Detroit Avenue in Cleveland, Ohio 44102.
Key Highlights
- Self‑service car wash property
- 3,221‑square‑foot commercial building
- Constructed in 1986
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,440
Cap Rate
8.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$808,800
$808.8K
Cap Rate 7%
$577,714
$577.7K
Cap Rate 9%
$449,333
$449.3K
Market Conditions
NOI Build-Up for 3,221 SF
Gross rent
$58.0K $18.00/SF
− Vacancy
−$4.1K −$1.26/SF
EGI
$53.9K $16.74/SF
− OpEx
−$13.5K −$4.19/SF
NOI
$40.4K $12.56/SF
Area
Cleveland, OH
Vacancy
7.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$808,800
Cap Rate 7%
$577,714
Cap Rate 9%
$449,333
Alternative Uses
Best Use
Specialty Retail
$577.7K
$505.5K – $674.0K
NOI $40,440 @ 7.0% cap · market cap 8.43%
Second Best
Retail
$442.1K
$386.8K – $515.8K
NOI $30,946 @ 7.0% cap · market cap 6.45%
Theoretical Best
Office A
$786.0K
$687.8K – $917.0K
NOI $55,022 @ 7.0% cap · market cap 11.47%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
657
Businesses Nearby
Explore this area
Business Placement
Demographics for 44102, OH
43,347
Population
22,984
Households
1.9
Avg Household Size
35
Median Age
25%
College-Educated
80%
High-School Grad
6.1 sq mi
ZIP Area
7,106
Density / Sq Mi
$40,303
Median Household Income
$34,958
Median Earnings
$911
Median Rent
$99,300
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 Cleveland, OH
Frequently Asked Questions
What type of property is this?
Self service car wash - Customer-operated vehicle washing facility in an established commercial building.
Where is this self service car wash located?
The property is located at 8410 Detroit Avenue Cleveland, OH.
What is the asking price?
The asking price for this property is $479,500.
What are key features of this property?
This property features: Self‑service car wash property; 3,221‑square‑foot commercial building; Constructed in 1986
