1549 State AveKansas City, KS 66102

Property Details for 1549 State Ave

Year built

1960

Construction

FRAME

Lot size

0.97 AC

Property size (Sq ft)

5,247 SF

Property type

Car washes

APN

907513

APU

907513

Description

This exceptional 0.97-acre industrial land parcel, located at 1549 State Avenue in Kansas City, Kansas (zip code 66102), presents a unique investment opportunity. The property boasts 218 feet of frontage on State Avenue, ensuring high visibility and accessibility. Currently zoned for commercial/industrial use, this versatile lot offers significant potential for a variety of businesses. The existing infrastructure includes an 85-foot roller surface conveyor, adding value and potential for immediate use. Further enhancing its appeal, the property generates billboard income, providing a consistent revenue stream. This turnkey opportunity includes all furniture, fixtures, and equipment, allowing for immediate operation. The property's location in Wyandotte County provides easy access to major transportation routes and a thriving business community. This is an ideal opportunity for an entrepreneur looking to own their own car wash or establish a new business, leveraging the existing infrastructure and high-traffic location to maximize profitability. The asking price is $665,000. Don't miss this chance to acquire a profitable business with significant upside potential.

• CAP approach

  CAP return

  Valuation

  6%

  $1,445,803

  6.5%

  $1,334,587

  7%

  $1,239,260

• Comparable approach

  Method

  Valuation

  Relative Method

  $945,801

  Geo Method

  $945,801

• Alternative Use

  Use

  Valuation

  Residential

  $1,125,774

  Hospitality

  $1,031,203

  Educational

  $857,949

  Medical

  $887,455

  Retail

  $1,334,587

Location Insight

City

Kansas City

County

Wyandotte

State

Kansas

Latitude

39.1162

Longitude

-94.6472

CBSA code

28140

CBSA name

KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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