913 13Th StTekamah, NE 68061

Property Details for 913 13Th St

Year built

1970

Lot size

0.48 AC

Property size (Sq ft)

1,884 SF

Zone code

COMMERCIAL

Property type

Retail properties

Property subtype

Self service car washes

APN

314900400

APU

314900400

Description

This exceptional car wash opportunity in Tekamah, Nebraska, presents a lucrative investment prospect. Located at 913 S 13th St, this fee-simple property boasts 1,884 square feet on a 0.48-acre lot, primarily concrete. The business, established in 1970, is the only car wash in Tekamah and enjoys a prime location on Highway 75, near other commercial businesses and new developments. The car wash features four bays: three self-service power wash bays (including two extra-wide internal bays ideal for larger vehicles like trucks and tractors) and one automatic touchless bay equipped with a PDQ Laserwash 4000 system. Customers have access to a credit card machine, vacuum, chamois, water extractor, glass cleaner, foam brushes, power wash guns, and a spot-free rinse. The asking price is $349,000, translating to $185.24 per square foot and $87,250 per unit. This well-maintained business has a proven track record of profitability, offering significant returns for the right buyer. The property's strategic location and comprehensive services ensure continued success. This is a rare chance to acquire a thriving, established business in a growing community. The property is offered as a fee simple ownership.

• CAP approach

  CAP return

  Valuation

  6%

  $427,721

  6.5%

  $394,820

  7%

  $366,618

• Comparable approach

  Method

  Valuation

  Relative Method

  $242,322

  Geo Method

  $242,322

• Alternative Use

  Use

  Valuation

  Residential

  $333,045

  Hospitality

  $305,068

  Educational

  $253,813

  Medical

  $262,542

  Retail

  $394,820

Location Insight

City

Tekamah

County

Burt

State

Nebraska

Latitude

41.7684

Longitude

-96.221

Property Tax & Assessments

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