Property profile

1225 Us-97 Madras, OR 97741

OFF-MARKET
Specialty properties
2,682 SF 0.51 ac lot Built 2018
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Property summary

AI-generated overview

This exceptional turnkey car wash business, located at 1225 US-97 in Madras, Oregon, presents a lucrative investment opportunity. Built in 2018, the 2,682 square foot facility sits on a 0.51-acre lot zoned C-1, ensuring optimal visibility and accessibility. The car wash enjoys a prime location on Highway 97, benefiting from high traffic volume and excellent exposure to potential customers. Established in 2018, the business has consistently demonstrated strong customer demand, offering a range of services including multiple car wash options with towel dry service, hand washing, and a full-service auto detailing department. The well-maintained building features a comfortable customer waiting area, a dedicated owner's office, and a conveniently located ADA-compliant restroom. Financial records are available upon request to qualified buyers. This is a rare chance to acquire a thriving, established business in a desirable location with significant growth potential. The property's strategic placement and diverse service offerings make it an attractive investment for both seasoned entrepreneurs and newcomers to the car wash industry. Serious inquiries only. The asking price is $699,000.

Property profile

Verified
Property type Specialty properties
Year built 2018
Total area 2,682 SF
Lot 0.51 ac (22,216 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1225 Us-97 Madras, OR 97741
Madras metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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