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    7528 Sylvan Towne Dr Toledo, OH 43560

    Sponsored
    For Sale
    $900,000

    Profitable Car Wash, High Traffic Area

    Property size:
    3,365 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional car wash opportunity in Sylvania, Ohio, presents a lucrative investment. The 3,365 square foot facility, built in 2002 and extensively renovated in 2022, boasts a prime location on a one-acre outlot of a Kroger-anchored shopping center. The property features soft cloth, touch-free, and automatic wash bays, vacuums, and a variety of car care products. A brand new Autec Evolution EV-1 was installed in the automatic bay in 2022, representing a significant capital improvement. Numerous additional capital expenditures have been made to both the equipment and the property itself. The business enjoys a proven track record of consistent yearly sales volume. Situated on Sylvan Towne Drive, the car wash benefits from high daily traffic counts exceeding 13,000 vehicles on Sylvania Avenue and 17,000 on King Road. The upscale Sylvania location is further enhanced by its proximity to Sylvania Southview High School (adding 600 daily student drivers), a new Scooters Coffee Shop, and a large apartment complex, ensuring continued traffic growth. The property is zoned B2 General Business and features a 12-foot ceiling height. The asking price is $900,000. 24-hour surveillance with well-lit bays provides added security.

    Property Features for 7528 Sylvan Towne Dr

    General Information

    Property type
    Automotive properties
    Square Feet
    3,365 SF
    Lot Size
    43,560 SF

    Building Details

    Year Built/Renovated
    2002/2022

    HighLights

    • Exceptional investment opportunity: 3,365 SF car wash in Sylvania, OH.
    • Prime location on one‑acre outlot of Kroger‑anchored shopping center.
    • 2002 construction, extensively renovated in 2022, featuring soft cloth, touch‑free, and automatic wash bays, vacuums, and car care products.
    • High traffic counts exceeding 13,000 vehicles daily on nearby Sylvania Avenue and 17,000 on King Road.
    • $900,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Lucas
    State
    Ohio
    Longitude
    -83.7235924
    Latitude
    41.6858983

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    FAQs

    What type of property is this?
    Automotive property - Profitable Car Wash, High Traffic Area
    Where is this automotive property located?
    The property is located at 7528 Sylvan Towne Dr Toledo, OH.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: Exceptional investment opportunity: 3,365 SF car wash in Sylvania, OH.; Prime location on one-acre outlot of Kroger-anchored shopping center.; 2002 construction, extensively renovated in 2022, featuring soft cloth, touch-free, and automatic wash bays, vacuums, and car care products.
    Request Owner's contact information
    7528 Sylvan Towne Dr Toledo, OH 43560
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    Toledo, OH 43560
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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
    7528 Sylvan Towne Dr Toledo, OH 43560
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