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    16400 23Rd St Choctaw, OK 73020

    Sponsored
    For Sale
    $750,000

    Profitable Car Wash, Excellent Location

    Property size:
    4,024 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional turnkey car wash opportunity in Choctaw, Oklahoma, presents a lucrative investment prospect. Located at 16400 NE 23rd St, 73020, this well-established business boasts a substantial 4,024 square foot building on a generous 33,855 square foot lot. Constructed in 2005, the property features a comprehensive setup including one automatic Water Wizard bay and five self-serve bays, ensuring efficient operation and diverse service offerings. Six vacuum stations strategically placed throughout the facility cater to customer needs, complemented by six vending machines for added revenue streams. The sale includes an additional small four-bay self-serve car wash for an additional $100,000, significantly enhancing the overall value and potential return on investment. This presents a rare chance to acquire a thriving, established business with proven profitability in a desirable location. The asking price for this complete package is $750,000. This turnkey operation offers immediate income potential with minimal setup required, making it an attractive option for experienced investors or entrepreneurs seeking a profitable venture in the car wash industry. The property's size and location provide ample space for operations and potential expansion, ensuring long-term growth and profitability.

    Property Features for 16400 23Rd St

    General Information

    Property type
    Automotive properties
    Square Feet
    4,024 SF

    Building Details

    Year Built
    2005

    HighLights

    • 1 Water Wizard automatic bay
    • 5 self‑serve bays
    • 6 vacuum stations
    • 6 vending machines
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store Pharmacy Gym & Fitness Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Choctaw
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.240598
    Latitude
    35.49222

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    FAQs

    What type of property is this?
    Automotive property - Profitable Car Wash, Excellent Location
    Where is this automotive property located?
    The property is located at 16400 23Rd St Choctaw, OK.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: 1 Water Wizard automatic bay; 5 self-serve bays; 6 vacuum stations
    Request Owner's contact information
    16400 23Rd St Choctaw, OK 73020
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    Choctaw, OK 73020
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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
    16400 23Rd St Choctaw, OK 73020
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