Entity Owned 
For Lease
Contact for pricing
3612 E 2Nd St, Edmond, OK 73034
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Property summary
AI-generated overview
Exceptional investment opportunity: a thriving express car wash located at 3612 E 2nd St, Edmond, OK 73034. This special purpose property sits on 1.7924 acres and boasts a 4,080 square foot building. The high-traffic location benefits from an impressive AADT count of 19,200 vehicles and is surrounded by a desirable demographic with an average household income within one mile exceeding $179,922. Recent upgrades include a new Sonny's Conveyor system installed in 2022 and a complete LED lighting upgrade in 2023, ensuring both efficiency and cost savings. This asset is offered for sale individually, presenting a compelling standalone investment. Alternatively, it can be purchased alongside two additional locations in New Braunfels and Sherman, Texas, for a larger portfolio acquisition. The property is situated in Edmond, Oklahoma, a rapidly growing city within the Oklahoma City metropolitan area, experiencing a 16% population increase since 2010, making it Oklahoma's 5th largest city. This car wash presents a strong return on investment in a prime location with significant growth potential.
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
2005
Construction
STEEL FRAME
Total area
4,080 SF
Lot
1.79 ac (78,060 SF)
APN
12-597-1010
UPID
US69-2334265
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Car Wash
-
Car Wash
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.29M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.06M
Blend (final)
Blend
$1.33M
Owner & transaction history
since 2025
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
Top alternative use upside
Neighborhood: shopping center
$1.0M
+55.3%
Retail stores
$820,000
+27.1%
Medical building
$780,000
+20.9%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 4 comparables with addresses
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$1.33M
Value range
$1.19M – $1.46M
±10% around blend
Estimated value / SF
$325 / SF
Confidence
Low
4 county-verified comps
Property data
88
Market benchmarks
33
Comparable evidence
40
Income certainty
100
$1.19M
blend $1.33M
$1.46M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
4,080 SF
Lot area
1.79 ac
Year built
2005
Stories
1
APN
12-597-1010
Assessed value
$230,997
Annual tax
$24,079
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$24,079
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$719k
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
15.8 mi away · 4,217 SF
20.7 mi away · 5,240 SF
23.1 mi away · 3,640 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.33M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 143 sales
$158
+106%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $325/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Neighborhood: Shopping Center
Gross theoretical uplift
+55%
vs current-use indication
Retail Stores
Medical Building
Commercial (general)
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.10M
Move the market yield to see immediate price impact.
Value / SF
$270
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$69k
$1.39M
$991k
$771k
$77k
$1.54M
$1.10M
$857k
$85k
$1.70M
$1.21M
$942k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$1.15M
15.0 mi · Oct 2025 · $270/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$24,079
Tax year 2023
Assessed value
$230,997
Assessed 2023
Previous assessed
$230,997
+0.0% YoY
Effective rate
10.42%
On assessed value
Assessed land
$49,382
Assessed improvement
$181,615
Land market value
$448,931
Improvement market value
$1,651,045
Total market value
$2,099,976
Applied tax rate
512.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Car washes
Use group
CAR WASH
Status
For Lease
Year built
2005
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Total area
4,080 SF
Lot
1.79 ac (78,060 SF)
APN
12-597-1010
UPID
US69-2334265
Jurisdiction
OKLAHOMA
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
1.79 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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