4807 Owen K Garriott RdEnid, OK 73703

Property Details for 4807 Owen K Garriott Rd

Year built

2015

Lot size

0.55 AC

Property size (Sq ft)

3,675 SF

Property type

Car washes

APN

1200-00-001-009-0-009-00

APU

120000001009000900

Description

This exceptional investment opportunity presents a thriving, single-station drive-thru car wash located at 4807 W Owen K Garriott Rd in Enid, Oklahoma. Built in 2015, this 3,700 square foot facility sits on a 0.55-acre lot and boasts a strong financial performance, reflected in its price per square foot of $418.92. The car wash features a convenient two-lane self-service payment station, ensuring efficient customer flow. Further enhancing its appeal are eight vacuum stations, providing added revenue streams and customer convenience. The property benefits from its strategic location along the high-traffic Owen Garriott Road, ensuring excellent visibility and accessibility for potential customers. This well-maintained car wash presents a turnkey operation with significant growth potential, making it an attractive investment for discerning buyers seeking a profitable venture in a desirable location. The property is classified as Special Purpose and is ready for immediate operation. The asking price is $995,000.

• CAP approach

  CAP return

  Valuation

  6%

  $876,988

  6.5%

  $809,527

  7%

  $751,704

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,114,284

  Geo Method

  $1,114,284

• Alternative Use

  Use

  Valuation

  Residential

  $682,866

  Hospitality

  $625,502

  Educational

  $520,410

  Medical

  $538,308

  Retail

  $809,527

Location Insight

City

Enid

County

Garfield

State

Oklahoma

Latitude

36.39

Longitude

-97.937

CBSA code

21420

CBSA name

ENID, OK MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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