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    14857 Fort Campbell Blvd Oak Grove, KY 42262

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    For Sale
    $3,550,000

    Profitable car wash with high visibility near Fort Campbell.

    Property size:
    6,454 SF
    Lot size:
    1.71 Acres

    Property Features for 14857 Fort Campbell Blvd

    General Information

    Size
    6,454 SF
    Lot size
    1.71 Acres

    We can help!

    Listing Contact
    Gunnar Edlund
    Source: Moodyscre

    Listing Agent: Gunnar Edlund

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Established Car Wash Near Fort Campbell

    This established car wash, operational for over 10 years, is located in Oak Grove, KY, near Fort Campbell. The property is situated on Fort Campbell Boulevard at a signalized intersection with a combined daily vehicle count of 33,598, offering unrestricted accessibility and visibility. Fort Campbell, one of the largest US Army bases, spans over 105,000 acres across Kentucky and Tennessee and houses approximately 30,000 active-duty personnel and nearly 235,000 total personnel. The car wash benefits from minimal competition, with the closest competitor located 4.2 miles away. The surrounding area features national retailers, including Walmart Supercenter, Taco Bell, and Valvoline Oil Change. The property size is 6,454 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    EZ Kleen Car ... Car Wash

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Oak Grove
    County
    Christian
    State
    Kentucky
    Longitude
    -87.442124
    Latitude
    36.663746

    Nearby Similar for Sale

    • $1,600,000
      1.03 Acres

      Established Truck Wash Business Opportunity

      Well-established truck wash business for sale, fully equipped and operational.
      140 Jw Dickinson Rd, Oak Grove, KY 42262
      View Details
    • $1,200,000
      0.83 Acres

      Turnkey Income Property on Fort Campbell

      Commercial property with established businesses near Fort Campbell.
      15088 Fort Campbell Blvd, Oak Grove, KY 42262
      View Details
    • $6,006,073
      32,660 SF

      Oak Grove Retail Center Investment

      Kentucky Shopping Center - 100% Leased
      200 Segler Dr, Oak Grove, KY 42262
      View Details

    FAQs

    What type of property is this?
    Car wash - Profitable car wash with high visibility near Fort Campbell.
    Where is this car wash located?
    The property is located at 14857 Fort Campbell Blvd Oak Grove, KY.
    What is the asking price?
    The asking price for this property is $3,550,000.
    What are key features of this property?
    This property features: - Profitable and established car wash with 10+ years of operational success.; - Located on Fort Campbell Blvd at a signalized intersection with high traffic volume (33,598 vehicles per day) and unrestricted accessibility/visibility.; - Minimal competition: Nearest car wash is 4.2 miles away.
    (651) 788-1133
    Request Owner's contact information
    14857 Fort Campbell Blvd Oak Grove, KY 42262
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    Oak Grove, KY 42262
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    14857 Fort Campbell Blvd Oak Grove, KY 42262
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    We can help!
    Listing Contact
    Gunnar Edlund
    (651) 788-1133
    Learn more
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