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    Property profile & analytics
    OFF-MARKET Estimated value $1,020,000
    Car washes

    1821 Memorial Rd, Oklahoma City, OK 73131-1251

    3,513 SF 1.01 ac lot Built 2008
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US69-0667546
    Property summary
    AI-generated overview

    This turnkey car wash presents a unique investment opportunity in Oklahoma City, Oklahoma. Located at 1821 E Memorial Rd, 73131, this property boasts a substantial 3,202 square foot building on a generous 1.02-acre lot. Constructed in 2008, the car wash is currently vacant, offering a blank canvas for a new operator or an ideal addition to an existing portfolio. The asking price is $1,500,000, translating to $468.46 per square foot. The property benefits from flexible PUD-360 zoning and enjoys exceptional visibility and accessibility, situated approximately 0.5 miles from Oklahoma Christian University. This prime location within a dense retail corridor benefits from high daily traffic volume, estimated at approximately 194,000 vehicles per day, and is surrounded by national tenants. Oklahoma City's status as the third most car-dependent metro area in the country further underscores the potential for strong returns. This is a rare chance to acquire a well-positioned, sizable car wash property in a thriving market.

    Property profile
    Verified
    Property type Car washes
    Use group CAR WASH
    Year built 2008
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 3,513 SF
    Lot 1.01 ac (44,213 SF)
    APN 18-250-6125
    UPID US69-0667546
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.02M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $915k
    Blend (final) Blend
    $1.02M
    Owner & transaction history
    Mdc Coast 26 LLC · 3 yrs held
    Mdc Coast 26 LLC
    since 2022
    Last sale
    $1.0M
    7 recorded transactions
    2022
    $1.0M
    2019
    $1.8M
    2018
    2009
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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