Property summary
This exceptional investment opportunity encompasses two thriving express tunnel car washes strategically located in Bixby and Tulsa, Oklahoma. The Bixby location, situated at 8112 East 111th St, boasts a 1.09-acre lot, a 140-foot tunnel, and was built in 2018. Its menu features Platinum ($10), Ultimate ($12), Premium ($14), and Deluxe ($12) washes, with unlimited wash options at $19, $29, and $37 per month. This location benefits from high daily traffic counts of 13,600 vehicles on East 111th Street South (ODOT 2021 data). The Tulsa property, located at 6750 South Lewis Avenue, sits on a 0.94-acre lot and features a 100-foot tunnel, constructed in 2007. Pricing includes Platinum ($8), Ultimate ($10), Premium ($11), and Deluxe ($14) washes, with unlimited wash options at $18.99, $28.99, and $36.99 per month. This location enjoys high visibility and traffic, with 18,200 vehicles per day on South Lewis Avenue (ODOT 2021 data). Both properties present a compelling investment opportunity with proven profitability and strong cash flow potential, situated in high-traffic areas with established customer bases. The asking price for this portfolio is $5,600,000.
Property profile
VerifiedCap rate & NOI
Current use
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Car Wash
Location
Value estimations
Owner & transaction history
Zoning & alternative use
It is designed to accommodate convenience, neighborhood, subcommunity and regional shopping centers, providing a wide range of retail and personal service uses.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CS · Bixby, OKIt is designed to accommodate convenience, neighborhood, subcommunity and regional shopping centers, providing a wide range of retail and personal service uses.
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
It is designed to accommodate convenience, neighborhood, subcommunity and regional shopping centers, providing a wide range of retail and personal service uses.
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CS in Bixby, OK.
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