3612 E 2Nd St Edmond, OK 73034
- Car washes
- 4,080 SF
- 1.79 lot acres
Current Use by Public Records
- Finish Line Express Carwash #4 / Car Wash
- Finish Line Express Car Wash - Edmond / Car Wash
Property Details for 3612 E 2Nd St
- Year built
- 2005
- Construction
- STEEL FRAME
- Lot size
- 1.79 lot acres
- Property size
- 4,080 SF
- Property type
- Car washes
- APN
- 12-597-1010
- APU
- 125971010
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,325,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,230,000
- 6.5%
- $1,105,000
- 7%
- $1,135,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,340,000
- Geo Method
- $1,205,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,195,000
- Retail
- $1,270,000
- Mixed-Use
- $1,490,000
- Hospitality
- $1,435,000
- Educational
- $1,385,000
- Residential Income
- $1,470,000
- Energy
- $1,275,000
- Income-Based Land
- $1,255,000
- Food Service
- $1,520,000
Location Insight
- Map
- Local Demand
- City
- Edmond
- County
- Oklahoma
- State
- Oklahoma
- Longitude
- -97.4326
- Latitude
- 35.6522
- CBSA code
- 36420
- CBSA name
- OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA
