Car Wash with Automatic
For Sale
$239,000
700 W Cherokee Street, Wagoner, OK 74467
Commercial, Wagoner, OK
Property Size2,622 SF
Lot Size0.55 Acres
Price / SF$91.15
Days on Market162
Property Features for 700 W Cherokee Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
URBAN COMM
Subdivision
Wagoner OT
Elementary school district
Wagoner - Sch Dist (31)
Middle school district
Wagoner - Sch Dist (31)
High school district
Wagoner - Sch Dist (31)
Directions
The corner of (Hwy 51) Cherokee Street and N Taylor Ave
Standard status
Active
APN
730020590
Size
2,622 SF
Lot size
0.55 Acres
Taxes and HOA fees
Tax Year
2022
Tax Description
CITY OF WAGONER E 150' OF S 160.8 FT OF LOT 4 BLK 321
Tax Annual Amount
2152
Legal Description
CITY OF WAGONER E 150' OF S 160.8 FT OF LOT 4 BLK 321
Building Details
Year built
1982
Building materials
Brick
Roof type
Metal
Listing Agency:
Realty One Group Dreamers
(539) 367-1555
Listed By:
Jimmy Martin Jr · License #202695
(918) 906-5987
Added: May 5
Changed: Aug 19
Last Checked: Oct 13 at 1:06PM
MLS# 2616354
Copyright © 2026 MLS Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This car wash property includes a 2,622-square-foot building with six bays, including one automatic bay, plus three high-performance commercial vacuums. Constructed in 1982, the improvements feature brick construction and a metal roof. The site contains 0.554 acres and is designated URBAN COMM zoning.
Located at 700 W Cherokee Street in Wagoner, Oklahoma, the property offers 150 feet of highway frontage. Its combination of washing bays, automatic service, and dedicated vacuum equipment supports an established automotive-service configuration within a compact commercial site.
Located at 700 W Cherokee Street in Wagoner, Oklahoma, the property offers 150 feet of highway frontage. Its combination of washing bays, automatic service, and dedicated vacuum equipment supports an established automotive-service configuration within a compact commercial site.
Key Highlights
- Six washing bays, including one automatic bay
- Three high‑performance commercial vacuums
- 150 feet of highway frontage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,605
Cap Rate
5.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$252,100
$252.1K
Cap Rate 7%
$180,071
$180.1K
Cap Rate 9%
$140,056
$140.1K
Market Conditions
NOI Build-Up for 2,622 SF
Gross rent
$18.6K $7.08/SF
− Vacancy
−$557 −$0.21/SF
EGI
$18.0K $6.87/SF
− OpEx
−$5.4K −$2.06/SF
NOI
$12.6K $4.81/SF
Area
Wagoner County, OK
Vacancy
3.00%
Lease Rate
$7.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$252,100
Cap Rate 7%
$180,071
Cap Rate 9%
$140,056
Alternative Uses
Best Use
Specialty Retail
$420.7K
$368.1K – $490.8K
NOI $29,450 @ 7.0% cap · market cap 12.32%
Second Best
Retail
$414.1K
$362.3K – $483.1K
NOI $28,985 @ 7.0% cap · market cap 12.13%
Theoretical Best
Office A
$618.5K
$541.2K – $721.6K
NOI $43,294 @ 7.0% cap · market cap 18.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
349
Businesses Nearby
Explore this area
Business Placement
Demographics for 74467, OK
13,981
Population
6,826
Households
2
Avg Household Size
44
Median Age
20%
College-Educated
88%
High-School Grad
154.1 sq mi
ZIP Area
91
Density / Sq Mi
$58,398
Median Household Income
$39,350
Median Earnings
$852
Median Rent
$149,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Car wash - Highway-oriented facility includes commercial vacuums and a mix of self-service and automatic washing capacity.
Where is this car wash located?
The property is located at 700 W Cherokee Street Wagoner, OK.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: Six washing bays, including one automatic bay; Three high‑performance commercial vacuums; 150 feet of highway frontage
