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    2534 Elm St Ottawa, KS 66067

    For Sale
    $1,369,000

    Turnkey operation, 3.19 acres, high growth potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This exceptional opportunity presents the acquisition of a well-established, family-owned towing and salvage business boasting 46 years of consistent success. Strategically positioned near I-35 and Ottawa's commercial center, this turnkey operation occupies a substantial 3.19-acre lot. The property includes a 6,200 sq. ft. shop featuring four oversized doors, ideally suited for handling heavy equipment and vehicles. The shop is fully equipped with a comprehensive inventory of lifts, tools, and equipment, further enhanced by on-site radiator repair capabilities – a unique and highly valuable service with no local competition. A modern 1,600 sq. ft. office space, divided into three suites, offers versatile options for owner use or potential rental income. Above the office, additional storage and sleeping quarters provide convenient accommodations for staff during emergencies or inclement weather. The extensive fleet comprises a large number of well-maintained heavy-duty wreckers (up to 60-ton capacity) and rollback trucks, detailed in provided documentation. Ample parking and a secure recovery yard ensure efficient operations. The business enjoys strong, long-standing relationships with government agencies and local businesses, establishing it as the preferred provider in the area. This presents a rare chance to acquire a profitable, established business with significant growth potential in a prime location.

    Property Features for 2534 Elm St

    General Information

    Property type
    Other commercial real estate
    Insight Report Location Intelligence

    Current Use by Public Records

    T T & T ... Towing Service

    Suggested Use

    Realty agency Restaurant Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Clothing Store Pharmacy Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ottawa
    County
    Franklin County
    State
    Kansas
    Longitude
    -95.27825
    Latitude
    38.57537

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    FAQs

    What type of property is this?
    Commercial real estate - Turnkey operation, 3.19 acres, high growth potential.
    Where is this commercial real estate located?
    The property is located at 2534 Elm St Ottawa, KS.
    What is the asking price?
    The asking price for this property is $1,369,000.
    (785) 267-2700
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    2534 Elm St Ottawa, KS 66067
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    Ottawa, KS 66067
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2534 Elm St Ottawa, KS 66067
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