7528 Sylvan Towne Dr Toledo, OH 43560
- Specialty properties
- 3,365 SF
- 1.00 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 7528 Sylvan Towne Dr
- Year built
- 2002
- Lot size
- 1.00 lot acres
- Property size
- 3,365 SF
- Property type
- Specialty properties
- Property subtype
- Car washes
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Toledo
- County
- Lucas
- State
- Ohio
- Longitude
- -83.7236
- Latitude
- 41.6859
