3223 Kickapoo Ave Shawnee, OK 74804
- Self service car washes
- 2,720 SF
- 0.69 lot acres
Current Use by Public Records
- Self service car washes
Property Details for 3223 Kickapoo Ave
- Year built
- 2009
- Lot size
- 0.69 lot acres
- Property size
- 2,720 SF
- Property type
- Self service car washes
- APN
- 3675-00-001-002-0-000-00
- APU
- 367500001002000000
Description
This three-bay automatic car wash located at 3223 N Kickapoo Avenue, Shawnee, OK, is offered for sale at $590,000. The 2,720 square foot facility sits on a 0.69-acre lot. The property sustained damage from a recent tornado, impacting some equipment. Detailed financial records, including historical profit and loss statements, are available for review. A contractor's bid outlining the cost of necessary equipment repairs is also accessible. Based on the 2022 financial performance, if repairs are completed and the property is owner-operated, achieving the previous net operating income (NOI) would result in a capitalization rate exceeding 19%. This represents a significant opportunity for an investor or entrepreneur willing to undertake the necessary renovations. The property's location in Shawnee, Oklahoma offers access to a substantial customer base. Serious inquiries are encouraged to review the provided financial documentation and assess the potential return on investment. This is a unique opportunity to acquire a well-situated car wash at a discounted price, offering substantial upside potential for the right buyer.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Shawnee
- County
- Pottawatomie
- State
- Oklahoma
- Longitude
- -96.9293
- Latitude
- 35.3635
- CBSA code
- 43060
- CBSA name
- SHAWNEE, OK MICROPOLITAN STATISTICAL AREA