501 5Th AveCaney, KS 67333

Property Details for 501 5Th Ave

Year built

1997

Lot size

0.22 AC

Property size (Sq ft)

2,106 SF

Property type

Car washes

APN

243-07-0-30-26-004.00-0

APU

2430703026004000

Description

This exceptional income-generating car wash in Caney, Kansas, presents a compelling investment opportunity. Located on a high-traffic highway, this established business boasts three fully equipped and operational self-service bays, ensuring ease of use for customers. Multiple vacuum stations strategically placed throughout the facility provide additional revenue streams and customer convenience. The property's highway frontage guarantees maximum visibility and a consistent flow of customers, both local and commuters. This turnkey operation includes all equipment and systems, allowing for immediate income generation from day one, minimizing initial investment and setup time. The business benefits from a solid, existing customer base and is situated in a growing area with potential for future expansion, such as adding automated washes or detailing services to increase revenue. The low-maintenance design makes it ideal for absentee owners or investors seeking a hassle-free business venture. The 0.01-acre lot provides a compact yet efficient footprint for the car wash operation. This is a rare chance to acquire a thriving, income-producing property in a desirable location, offering stability and growth potential. The asking price for this established business is $165,000.

• CAP approach

  CAP return

  Valuation

  6%

  $269,868

  6.5%

  $249,109

  7%

  $231,316

• Comparable approach

  Method

  Valuation

  Relative Method

  $379,618

  Geo Method

  $379,618

• Alternative Use

  Use

  Valuation

  Residential

  $210,133

  Hospitality

  $192,481

  Educational

  $160,142

  Medical

  $165,649

  Retail

  $249,109

Location Insight

City

Caney

County

Montgomery

State

Kansas

Latitude

37.0108

Longitude

-95.9282

CBSA code

17700

CBSA name

COFFEYVILLE, KS MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].