208 Air Depot BlvdMidwest City, OK 73110

Property Details for 208 Air Depot Blvd

Year built

1984

Construction

TILT-UP CONCRETE

Lot size

0.95 AC

Property size (Sq ft)

7,825 SF

Property type

Retail properties

Property subtype

Other car washes

APN

15-041-3000

APU

150413000

Description

This thriving, established car wash business in Midwest City, Oklahoma is offered for sale at $950,000. The 7,825 square foot facility, built in 1984 and zoned C-3, enjoys a prime location at 208 S Air Depot Blvd, 73110. Its strategic position near the intersection of E. Reno Ave and S. Air Depot Blvd provides excellent access to I-40 and I-35, benefiting from high traffic volume and proximity to numerous restaurants and retail establishments. The car wash boasts a comprehensive suite of equipment from reputable manufacturers including Wash Systems of Texas, Sherman, Unimac, Spencer, and CarTrol, ensuring efficient and reliable operation. A substantial electronic signage system is also included. This turnkey operation presents a unique opportunity for investors seeking a profitable, established business in a growing area with low competition. All equipment is included in the sale price. The property represents a strong investment opportunity in a high-traffic location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,631,550

  6.5%

  $1,506,046

  7%

  $1,398,472

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,372,590

  Geo Method

  $2,372,590

• Alternative Use

  Use

  Valuation

  Residential

  $1,270,406

  Hospitality

  $1,163,685

  Educational

  $968,173

  Medical

  $1,001,470

  Retail

  $1,506,046

Location Insight

City

Midwest City

County

Oklahoma

State

Oklahoma

Latitude

35.4629

Longitude

-97.4056

CBSA code

36420

CBSA name

OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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