512 Highway 70Kingston, OK 73439

Property Details for 512 Highway 70

Year built

2003

Lot size

0.62 AC

Property size (Sq ft)

4,202 SF

Property type

Self service car washes

APN

0799-31-06S-06E-0-108-00

APU

07993106S06E010800

Description

This exceptional commercial opportunity presents a thriving, turnkey car wash business ideally situated at 512 Highway 70, Unit 512, Kingston, Oklahoma. Boasting a prime location with significant highway frontage, this property ensures high visibility and consistent customer traffic. The 3,002 square foot building sits on a 0.62-acre lot and is fully equipped for immediate operation. The car wash features three self-service wash bays, providing ample capacity for customers. A recently updated automatic bay streamlines the washing process, enhancing efficiency and customer satisfaction. Four vacuum stations are conveniently located for customers to complete their car cleaning experience. This established business offers a rare chance to acquire a profitable venture in a desirable location with minimal start-up costs. The asking price is $675,000. This turnkey operation is ready for a new owner to step in and continue its success. The property's strategic location and established customer base make it an attractive investment opportunity with strong potential for continued growth and profitability. All equipment is in place and ready for immediate use, minimizing the time and expense associated with setting up a new business. This is a unique chance to own a well-established and profitable car wash business in a thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $1,465,426

  6.5%

  $1,352,701

  7%

  $1,256,080

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,576,781

  Geo Method

  $1,274,073

• Alternative Use

  Use

  Valuation

  Residential

  $1,141,054

  Hospitality

  $1,045,199

  Educational

  $869,594

  Medical

  $899,500

  Retail

  $1,352,701

Location Insight

City

Kingston

County

Marshall

State

Oklahoma

Latitude

33.9977

Longitude

-96.7136

Property Tax & Assessments

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