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Property profile & analytics
FOR SALE
Car washes
415 E Jackson St Parker City, IN 47368
Individually Owned
Absentee Owner
Free & Clear
Property ID
US31-3123307
For Sale
1 / 5
Contact for pricing
415 E Jackson St, Parker City, IN 47368
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Property summary
AI-generated overview
This profitable, turn-key car wash business located at 415 E Jackson St, Parker City, IN 47368, is available for purchase at $190,000. The property, situated on a 13,312 square foot lot, features a 1,708 square foot building constructed in 1967. The single-story structure is zoned C-2 and includes three manual wash bays of varying sizes, two vacuum/shampoo islands, and coin-operated product and vending machines. The roof was replaced less than five years ago, according to the seller. Real estate taxes for 2024 are $656. This established business offers a strong income stream and is ready for a new owner. The property's APN is 68-07-16-226-007.000-009. This is a rare opportunity to acquire a well-maintained, income-producing car wash in a desirable location. The price per square foot is $111.24. Serious inquiries only.
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
1997
Construction
TYPE NOT SPECIFIED
Lot
0.31 ac (13,312 SF)
APN
68-07-16-226-007.000-009
UPID
US31-3123307
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
BILLY R CRABTREE JR
BILLY R CRABTREE JR
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Parker City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Parker City submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
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T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$628
Tax year 2023
Assessed value
$23,600
Assessed 2023
Previous assessed
$23,600
+0.0% YoY
Effective rate
2.66%
On assessed value
Assessed land
$11,500
Assessed improvement
$12,100
Land market value
$11,500
Improvement market value
$12,100
Total market value
$23,600
Applied tax rate
16.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Car washes
Use group
CAR WASH
Status
For Sale
Year built
1997
Construction
TYPE NOT SPECIFIED
Heating
NONE
Lot
0.31 ac (13,312 SF)
APN
68-07-16-226-007.000-009
UPID
US31-3123307
Jurisdiction
RANDOLPH
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1997
Construction
TYPE NOT SPECIFIED
Heating
NONE
Lot
0.31 ac
Current owner
From public records · entity-resolved
BILLY R CRABTREE JR
Individual
Free & Clear · 0 yrs held
Mailing address
3201 W COUNTY RD 600TH S, MUNCIE, IN 47302-9152
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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