21 Bristol DrReynoldsburg, OH 43068

Property Details for 21 Bristol Dr

Year built

2004

Lot size

1.09 AC

Property size (Sq ft)

3,552 SF

Property type

Car washes

APN

063-140304-02.000

APU

6314030402000

Description

This exceptional car wash opportunity in Reynoldsburg, Ohio, presents a lucrative investment prospect. Located at 21 Bristol Dr SW, this 3,648 square foot facility sits on a 1.09-acre lot (APN #063-140304-02.00) and is priced at $599,000. The car wash boasts two automatic bays and four self-serve drive-through bays, complemented by nine car vacuums. The property features a fully concrete lot and is exceptionally well-maintained. Additional revenue streams are generated through vending machines and a money change station. A comprehensive camera security system enhances operational safety and security. This thriving business benefits from its strategic location across from Licking Heights South Elementary School and a newly developing shopping center, ensuring consistent customer traffic and future growth potential within a developing area. The property is classified as Retail and Special Purpose. This turnkey operation offers a rare chance to acquire a profitable, established car wash business in a high-growth area of Reynoldsburg. The property's strong financials and prime location make it an ideal investment for discerning buyers seeking a stable and appreciating asset.

• CAP approach

  CAP return

  Valuation

  6%

  $908,892

  6.5%

  $838,978

  7%

  $779,051

• Comparable approach

  Method

  Valuation

  Relative Method

  $837,280

  Geo Method

  $837,280

• Alternative Use

  Use

  Valuation

  Residential

  $707,709

  Hospitality

  $648,258

  Educational

  $539,343

  Medical

  $557,892

  Retail

  $838,978

Location Insight

City

Pataskala

County

Licking

State

Ohio

Latitude

39.9913

Longitude

-82.7529

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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