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Property profile & analytics
FOR SALE
Car washes

4425 Heatherdowns Blvd Toledo, OH 43614

2,745 SF 0.72 ac lot Built 1997
Individually Owned 2-yr Hold Free & Clear
Property ID
US66-0259883
Property summary
AI-generated overview

This exceptional investment opportunity presents a well-established car wash located at 4425 Heatherdowns Blvd, Toledo, Ohio 43614. The property, built in 1997, boasts a single-story building encompassing 2,745 square feet on a 0.72-acre lot. The asking price is $500,000, translating to $182.15 per square foot. The car wash features five manual bays and one touchless bay, catering to a diverse clientele. Its prime location on Heatherdowns Blvd ensures high visibility and significant traffic exposure, with an estimated 16,000 vehicles passing daily. The property includes five loading docks and a ceiling height of 12 feet, providing ample operational space and functionality. The Lucas County location and the property's established history make this a compelling acquisition for investors seeking a proven, high-traffic commercial venture. The property's APN is 2100711. This turnkey operation offers immediate income potential and a strong foundation for future growth within a thriving market. The property's single-tenancy structure simplifies management and streamlines operations.

Property profile
Verified
Property type Car washes
Use group CAR WASH
Year built 1997
Total area 2,745 SF
Lot 0.72 ac (31,363 SF)
Zoning code 10-CR
APN 21-00711
UPID US66-0259883
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
  • CARess Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Lamar Companies · 2 yrs held
Lamar Companies
since 2024
2 recorded transactions
2024
Price N/A
2022
$2.2M
Zoning & alternative use
10-CR · Toledo, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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