10215 China Spring Rd - Car Washes FOR SALE


Waco, TX 76708
$800,000 USD
314-479-1646
10215 China Spring Rd, Waco, TX for Sale
$800,000 USD
Car Washes - FOR SALE
1/9
null | Request Cap Rate

10215 China Spring Rd
Waco, TX 76708


HIGHLIGHTS

  • The wash went through a $250K extensive renovation 2023 converting the tunnel equipment to WashWorld Razor Edge Laser Wash Equipment
  • 5 Free Vacuums with new motor in 2023, 1 Quarter-Operated Vacuum, 4 Self-Serve Wash Bays with hose lines replaced in 2023
  • Relocated and refurbished Hamilton HTK Paystation, Installed new water filtration system for the laser equipment, new CC readers for self-serve bays
  • Highly visible on China Spring Rd with 13,800 VPD.

OVERVIEW

This turnkey car wash features a fully upgraded WashWorld Razor Edge laser wash system, 4 self-serve bays, and 5 free vacuums. Acquired in April 2021 and extensively renovated in 2023 with over $250,000 in improvements, the wash is now a modern, low-maintenance operation. Located on a high-visibility road with 13,800 VPD in a rapidly developing area with nearby retail, the site is well-positioned for long-term value appreciation. This is an ideal opportunity for an owner-user to step in and capitalize on significant upside potential from an absentee owner.

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$178 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

C-3

APN/PARCEL ID

18-021003-000200-0

ASK ABOUT THIS PROPERTY

John WolfnerTWG - Real Estate Investment Services | BracketMore Info
314-479-1646

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John WolfnerTWG - Real Estate Investment Services | BracketMore Info
314-479-1646

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.