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261 12th Ave SE - Red Roof Carwash 4,896 SF Specialty Building Offered at $1,838,380 at a 11% Cap Rate in Norman, OK 73071



INVESTMENT HIGHLIGHTS
- 2 Touchless Auto Bays (PDQ Laserwash 4000)
- 14 Vacuums
- 8 Self Service Bays
- 25,353 VPD on 12th Ave SE
EXECUTIVE SUMMARY
Just off the corner of Alameda and 12th Ave, this car wash features 2 touchless autos and 8 self service bays. Equipped with vacuum stations, card readers, and cash/coin machines, this wash can be ran with low overhead. The surrounding neighbors include Harbor Freight, Taco Bueno, Public Storage, and more.
PROPERTY FACTS
| Price | $1,838,380 | Lot Size | 0.88 AC |
| Price Per SF | $375.49 | Building Size | 4,896 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 11% | Year Built | 2003 |
| Property Type | Specialty | Tenancy | Single |
| Property Subtype | Car Wash | Parking Ratio | 6.13/1,000 SF |
| Building Class | B | ||
| Zoning | C-3 | ||
| Price | $1,838,380 |
| Price Per SF | $375.49 |
| Sale Type | Investment |
| Cap Rate | 11% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 0.88 AC |
| Building Size | 4,896 SF |
| No. Stories | 1 |
| Year Built | 2003 |
| Tenancy | Single |
| Parking Ratio | 6.13/1,000 SF |
| Zoning | C-3 |
Bike Score®
Biker's Paradise (94)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $583,557 | |
| Land Assessment | $252,996 | Total Assessment | $836,553 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$252,996
Improvements Assessment
$583,557
Total Assessment
$836,553
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261 12th Ave SE - Red Roof Carwash
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