Property profile

4604 Rainbow Blvd Kansas City, KS 66103

FOR SALE
Car washes
Property ID
US33-0700047
2,485 SF 0.31 ac lot Built 1970
Entity Owned 12-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 2,482 square foot freestanding car wash building situated on a 0.36-acre lot at a prime location in Kansas City, Kansas. The property, located at 4604 Rainbow Boulevard, boasts a highly visible hard corner location at the intersection of 47th Avenue and Rainbow Boulevard, benefiting from significant daily traffic exceeding 17,000 vehicles. Built in 1970, the structure offers established infrastructure for a thriving car wash business. The property's size and location make it ideal for continued operation as a car wash or potential redevelopment, catering to the high volume of traffic in this busy commercial corridor. The 0.36-acre lot provides ample space for operations and potential expansion. This owner-user investment presents a rare chance to acquire a well-positioned retail property in a high-traffic area of Kansas City, KS, with significant potential for return on investment. The property is zoned for commercial use within Wyandotte County, and the zip code is 66103. This offering is a turnkey solution for an established business or a blank canvas for a savvy investor looking to capitalize on a high-traffic location. The property's history as a successful car wash provides a strong foundation for future success.

Property profile

Verified
Property type Car washes
Use group CAR WASH
Year built 1970
Construction FRAME
Total area 2,485 SF
Lot 0.31 ac (13,416 SF)
APN 114278
UPID US33-0700047

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

Location

4604 Rainbow Blvd Kansas City, KS 66103
Kansas City metro Census 45200 KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2013
1 recorded transaction
2013
$662,500

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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