928 Harry StWichita, KS 67211

  • Car washes
  • 3,369 SF
For Sale
$490,000 View listing

Property Details for 928 Harry St

Year built
2003
Lot size
0.24 AC
Property size (Sq ft)
3,369 SF
Property type
Car washes
APN
087-128-28-0-34-10-008.00-C
APU
087128280341000800C

Description

This exceptional investment opportunity presents a thriving, six-bay car wash facility ideally situated at the northwest corner of Harry and Washington Streets in Wichita, Kansas. Built in 2003, the property boasts a substantial 3,369 square foot building on a generous 19,704 square foot lot, zoned for Limited Industrial use. The car wash features five self-service bays and one automatic bay, recently upgraded with new equipment in 2023, ensuring efficient and modern operations. Three convenient vacuum islands cater to customer needs. The sturdy concrete construction ensures durability and longevity. Financial details are available upon request. This turnkey operation offers a strong return on investment in a high-traffic area, making it an attractive prospect for experienced business owners seeking a profitable venture in the thriving Wichita market. The asking price for this well-maintained and profitable car wash is $490,000. The price per square foot is $145.44. This property is located at 928 E Harry St, Wichita, KS 67211.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $763,286
    6.5%
    $704,572
    7%
    $654,245
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,021,502
    Geo Method
    $1,021,502
  • Alternative Use

    Use
    Valuation
    Residential
    $594,333
    Hospitality
    $544,406
    Educational
    $452,939
    Medical
    $468,516
    Retail
    $704,572

Location Insight

City
Wichita
County
Sedgwick
State
Kansas
Latitude
37.6647
Longitude
-97.3266
CBSA code
48620
CBSA name
WICHITA, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,154
$7,175
$65,578
$72,753
-
$28,700
$262,310
$291,010

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