1821 Memorial Rd, Oklahoma City, OK 73131-1251
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.