Car Wash with Automatic
For Sale
$1,350,000
90 Cameron Drive, Pataskala, OH 43062
The facility combines wash bays with an upper-level finished room and separate storage space.
Property Size5,936 SF
Price / SF$227.43
Days on Market106
Property Features for 90 Cameron Drive
General Information
Standard status
Active
Size
5,936 SF
Property subtype
Mixed Use
Automotive
Car Wash Bays
3
Automotive Uses
car wash
Car Wash Format
in-bay automatic
Vacuum Stations
7
Additional Details
Business Included
Yes
Currently Operating
Yes
Amenities
private office
bathroom with shower
W/D hookup
split unit system
finished rec room
storage room
Building Details
Year Built
2010
Buildings
1
Stories
2
Listing Agency:
Howard HannaRealEstateServices
(740) 687-1516
Listed By:
Jennifer D. Eyman · License #2014000954
(740) 503-9022
Source:
Styerrep
Added: Jul 24
Changed: Nov 5
Last Checked: Nov 5 at 9:24AM
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 Howard HannaRealEstateServices
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 5,936-square-foot car wash has three automatic bays and seven vacuums. The ground-level equipment room measures approximately 18' X 54' and includes a private office, a bathroom with shower, and W/D hookups. The sale includes the operating equipment, which is described as being in good working condition.
A finished second-floor recreation room measures approximately 16.5' X 39', with a separate storage room of approximately 16' X 21.5'. A new split-unit system serves the upper level. The car wash has operated at this location since 2010.
A finished second-floor recreation room measures approximately 16.5' X 39', with a separate storage room of approximately 16' X 21.5'. A new split-unit system serves the upper level. The car wash has operated at this location since 2010.
Key Highlights
- Three automatic wash bays and seven vacuums
- 5,936‑square‑foot car wash; operating at this location since 2010
- Approx. 18' X 54' ground‑level equipment room with private office and bathroom with shower
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$108,174
Cap Rate
8.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,163,480
$2.2M
Cap Rate 7%
$1,545,343
$1.5M
Cap Rate 9%
$1,201,933
$1.2M
Market Conditions
NOI Build-Up for 5,936 SF
Gross rent
$160.3K $27.00/SF
− Vacancy
−$5.7K −$0.97/SF
EGI
$154.5K $26.03/SF
− OpEx
−$46.4K −$7.81/SF
NOI
$108.2K $18.22/SF
Area
Licking County, OH
Vacancy
3.58%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,163,480
Cap Rate 7%
$1,545,343
Cap Rate 9%
$1,201,933
Alternative Uses
Best Use
Retail
$1.55M
$1.35M – $1.80M
NOI $108,174 @ 7.0% cap · market cap 8.01%
Second Best
Industrial
$985.3K
$862.1K – $1.15M
NOI $68,970 @ 7.0% cap · market cap 5.11%
Theoretical Best
Flex RnD
$4.77M
$4.17M – $5.56M
NOI $333,713 @ 7.0% cap · market cap 24.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
48
Businesses Nearby
Explore this area
Business Placement
Demographics for 43062, OH
32,125
Population
11,979
Households
2.7
Avg Household Size
39
Median Age
32%
College-Educated
94%
High-School Grad
74.3 sq mi
ZIP Area
432
Density / Sq Mi
$100,450
Median Household Income
$53,329
Median Earnings
$1,334
Median Rent
$292,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Car wash - The facility combines wash bays with an upper-level finished room and separate storage space.
Where is this car wash located?
The property is located at 90 Cameron Drive Pataskala, OH.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Three automatic wash bays and seven vacuums; 5,936‑square‑foot car wash; operating at this location since 2010; Approx. 18' X 54' ground‑level equipment room with private office and bathroom with shower
