2202 S Parrott Ave
Okeechobee, FL 34974
Okee Raceway Car Wash · Specialty Property For Sale
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2,780 SF
Investment Highlights
- Being run virtually absentee
- Cap Rate of 16% for 2018 and 2019.
- Open 24hrs 7 day per wk.
Property Facts
| Property Type | Specialty | Building Size | 2,780 SF |
| Property Subtype | Car Wash | No. Stories | 1 |
| Building Class | C | Year Built | 2001 |
| Lot Size | 0.52 AC |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 0.52 AC |
| Building Size | 2,780 SF |
| No. Stories | 1 |
| Year Built | 2001 |
Amenities
- Signage
About 2202 S PARROTT AVE , OKEECHOBEE, FL 34974
Super self service car wash business includes prime ½ Acre real estate in a fabulous location on a highly visible main Hwy across from Wallmart, Murphy’s Gas, Oil Change Biz, Auto related businesses, Restaurants and other major retailers. Well established for 16 years and being run virtually absentee with highly profitable with Consistent Cap Rate of 16% for 2018 and 2019. 2021 has a first quarter (Jan-March 2021) of $92,545. Even thru the covid 2020 year there was a 7.7% Cap Rate. Open 24hrs 7 day per wk. Completely Computerized turnkey car wash that can be remotely accessed and sales are automatically emailed which makes it ideal for constant monitoring by a absentee owner. Vending machines, 2 bill changers, 5 vacuum units Top of the line everything. Six Bays including a Brand new PDQ G7 automatic drive-thru bay system, 5 bays with spray guns and vacuum stations.
Property Taxes
| Parcel Number | R3-28-37-35-0060-00060-0010 | Improvements Assessment | $171,206 |
| Land Assessment | $210,375 | Total Assessment | $381,581 |
Property Taxes
