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Property profile & analytics
OFF-MARKET Estimated value $575,000
Car washes

2230 King St Ottawa, KS 66067

4,151 SF 1.19 ac lot Built 1989
Entity Owned Free & Clear
Property ID
US33-0746044
Property summary
AI-generated overview

This exceptional 0.41-acre commercial land parcel presents a unique investment opportunity in Ottawa, Kansas. Located at 2230 S King Street, this property boasts a highly desirable location adjacent to a bustling retail center, ensuring high visibility and accessibility for any commercial venture. The asking price is $125,000. Utilities are conveniently located on-site, simplifying development and operational costs. The lot's size and configuration are particularly well-suited for a drive-thru business, capitalizing on the high traffic volume in the area. Its central location within Ottawa city limits offers easy access to local amenities and a strong customer base. Furthermore, the property's proximity to Highway 35 (less than one mile away) provides excellent connectivity to regional transportation networks, enhancing its appeal to a wide range of businesses. This is an exceptional opportunity to acquire a strategically positioned commercial lot in a thriving retail environment within Franklin County, Kansas, zip code 66067. The property is zoned for commercial use (verification of zoning with local authorities is recommended). Don't miss this chance to secure a prime piece of real estate in a high-growth area.

Property profile
Verified
Property type Car washes
Use group CAR WASH
Year built 1989
Construction FRAME
Total area 4,151 SF
Lot 1.19 ac (51,836 SF)
Zoning code C2
APN 131-11-0-40-05-004.01-0
UPID US33-0746044
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
Current use
Occupant on record · Public records
  • Kenco Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$370k
CAP Approach CAP
by Request
Comparable Approach Comparable
$778k
Blend (final) Blend
$575k
Owner & transaction history
OTTAWA CAR WASH LLC
OTTAWA CAR WASH LLC
Zoning & alternative use
C2 · Ottawa, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $535,000 +2.0%
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