423 N Colorado Ave, Burrton, KS 67020
Thriving car wash business with income-generating lease and expansion potential.
- Added:
- Mar 2, 2026
- Days on Market:
- 117
- Last Refresh:
- Mar 17 at 1:17 pm
Property Features for 423 N Colorado Ave
General Information
- Standard status
- Active
- Size
- 1,230 SF
- Lot size
- 1.38 Acres
- Property subtype
- Business for Sale, Land
Building Details
- Year Built
- 1970
Listing office RE/MAX Associates
Listing date Mar 2, 2026
Source Crexi
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HighLights
- Prime location off a high‑traffic highway ensures exceptional exposure and strong customer flow.
- Ready‑to‑run self‑serve car wash business with all new equipment, modern pressure washers, and vacuum stations.
- Existing coffee truck parking lease generates steady monthly income.
- Two spacious wash bays to accommodate multiple customers.
- Large 1.38‑acre property offers plenty of space for future expansion or additional business opportunities.
- Established business in operation since 1970.
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $19.2k | $15.60 |
| − Vacancy | −$1.4k | −$1.17 |
| EGI | $17.7k | $14.43 |
| − OpEx | −$4.4k | −$3.61 |
| NOI | $13.3k | $10.82 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Burrton
- County
- Harvey
- State
- Kansas
- Longitude
- -97.6759072
- Latitude
- 38.0274917