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    3321 Broadway Grove City, OH 43123

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    3321 Broadway Grove City, OH 43123


    • Self service car washes
    • 0.07 lot acres
    Off-Market
    Last Sale Dec 1, 2021
    $624,900
    Property ID
    US66-2771623
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $605,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Self service car washes

    Property Details for 3321 Broadway

    Lot size
    0.07 lot acres
    Property type
    Self service car washes
    APN
    161-000845
    APU
    161000845

    Description

    This exceptional investment opportunity presents a thriving, two-bay touchless car wash located at 3321 Broadway in Grove City, Ohio (zip code 43123), Franklin County. Built in 2004 and extensively renovated in 2022, this 2,009 square foot facility boasts a strong financial performance, with a Net Operating Income (NOI) of $164,341 and a compelling 10.34% capitalization rate. The asking price is $1,590,000. The car wash is equipped with state-of-the-art Laser Wash 360 Plus systems, ensuring efficient and high-quality cleaning. Two vacuum stations provide added customer convenience. Situated on a high-traffic corridor, Broadway (US Route 62), the property benefits from exceptional visibility and daily traffic exceeding 23,227 vehicles. Prominent pylon signage further enhances its visibility and attracts customers. This turnkey operation offers a rare chance to acquire a well-established, cash-flowing business with significant growth potential in a prime location. The property's recent renovations ensure long-term operational efficiency and minimize immediate capital expenditure needs. This is an ideal investment for those seeking a stable, high-return asset in the thriving Ohio market.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $590,000
      ML approach
      $585,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Grove City
    County
    Franklin
    State
    Ohio
    Longitude
    -83.0822
    Latitude
    39.8961
    CBSA code
    18140
    CBSA name
    COLUMBUS, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $741
    $10,260
    $0.00
    $10,260
    -
    $29,300
    $0.00
    $29,300
    More about this property
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