7030 Troost AveKansas City, MO 64131

Property Details for 7030 Troost Ave

Year built

1985

Construction

WOOD

Lot size

0.46 AC

Property size (Sq ft)

2,860 SF

Property type

Car washes

APN

47-510-25-45

APU

475102545

Description

This exceptional investment opportunity presents a thriving, established business located at 7030 Troost Avenue in Kansas City, Missouri. The property, built in 1985, sits on a substantial 19,971 square foot lot and features a single-story building perfectly suited for automotive services. The current configuration includes three self-service car wash bays equipped with eight vacuum stations, providing a consistent revenue stream. Adding to its versatility, the property also boasts two auto service bays and a dedicated inspection station, offering significant potential for expansion and increased profitability. These service bays can be leased to generate additional income or easily converted back into self-service car wash bays to maximize capacity. The property's prime location at a busy intersection ensures high visibility and substantial foot and vehicle traffic, contributing to its strong earning potential. This turnkey operation is ideal for both seasoned investors seeking a profitable addition to their portfolio and entrepreneurs looking to enter the lucrative automotive service industry. The asking price is $290,000. This is a rare chance to acquire a well-established, income-generating business with significant upside potential in a desirable Kansas City location. The zip code is 64131.

• CAP approach

  CAP return

  Valuation

  6%

  $788,069

  6.5%

  $727,448

  7%

  $675,487

• Comparable approach

  Method

  Valuation

  Relative Method

  $515,531

  Geo Method

  $515,531

• Alternative Use

  Use

  Valuation

  Residential

  $613,630

  Hospitality

  $562,081

  Educational

  $467,645

  Medical

  $483,728

  Retail

  $727,448

Location Insight

City

Kansas City

County

Jackson

State

Missouri

Latitude

38.9994

Longitude

-94.5756

CBSA code

28140

CBSA name

KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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