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Property profile & analytics
OFF-MARKET
Car washes

304 Muskingum Dr Marietta, OH 45750-1409

832 SF Built 1995
Entity Owned Absentee Owner Free & Clear
Property ID
US66-3330254
Property summary
AI-generated overview

This exceptional investment opportunity features two thriving, well-maintained touchless car washes in Marietta, Ohio. Strategically located at 304 Muskingum Dr and 1101 Gilman Ave, these properties benefit from high traffic and a loyal customer base. The portfolio boasts a combined square footage between 5,000 and 10,000 square feet, featuring four bays at each location. The Gilman Avenue location offers an added advantage with 58 mini storage units, generating additional revenue streams. Significant recent investment includes two brand-new, state-of-the-art touchless automatic car wash machines, totaling $500,000. The Gilman Avenue location also employs a full-time attendant. This portfolio offers a compelling 8% cap rate and a strong net operating income (NOI) of $328,117, making it an attractive proposition for discerning investors seeking a stable and profitable venture in a growing community. The asking price for this turnkey operation is $4,101,463. This is a rare opportunity to acquire a well-established and profitable business in a desirable location.

Property profile
Verified
Property type Car washes
Use group CAR WASH
Year built 1995
Total area 832 SF
APN 240016524000
UPID US66-3330254
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Touchless Shine Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
YAK DEVELOPERS OHIO GEN PARTNER SHIP
YAK DEVELOPERS OHIO GEN PARTNER SHIP
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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