704 2Nd StPalco, KS 67657

Property Details for 704 2Nd St

Year built

1972

Lot size

0.11 AC

Property size (Sq ft)

576 SF

Property type

Car washes

APN

165-21-0-30-01-002.00-0

APU

1652103001002000

Description

This exceptional investment opportunity presents a thriving self-service car wash located at 704 E 2nd Street in Palco, Kansas, zip code 67657. Conveniently situated just off Highway 18, this single-bay operation enjoys a strategic location attracting customers from surrounding communities. The car wash boasts a consistent income stream, averaging over $600 per month. This established business offers a variety of wash options and accepts credit and debit card payments for ease of transaction. The property is operational year-round, providing a reliable and consistent revenue source. The asking price for this turnkey business is $47,000. The business is categorized as an office property, although the square footage is not currently specified. This presents a unique opportunity for an investor seeking a low-overhead, high-return business venture in a stable market. The car wash's consistent performance and convenient location make it an attractive investment with significant potential for growth and profitability. This is a rare chance to acquire a well-established business with a proven track record of success. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $130,500

  6.5%

  $120,461

  7%

  $111,857

• Comparable approach

  Method

  Valuation

  Relative Method

  $174,647

  Geo Method

  $174,647

• Alternative Use

  Use

  Valuation

  Residential

  $101,613

  Hospitality

  $93,077

  Educational

  $77,439

  Medical

  $80,103

  Retail

  $120,461

Location Insight

City

Palco

County

Rooks

State

Kansas

Latitude

39.2563

Longitude

-99.56

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].