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11515 Eagle Dr - Mont Belvieu Car Wash & Washateria 2,400 SF Specialty Building Offered at $3,500,000 at a 11.20% Cap Rate in Mont Belvieu, TX 77523
INVESTMENT HIGHLIGHTS
- 1 Automatic bay, 4 self service bays, 2 vacuums, & 2 car care stations
- No future car washes allowed in the city
- High growth area near major intersection
- Washateria 30 washers, 30 dryers, & 6 folding stations
- City water and sewer
- Current NOI: $392,146
EXECUTIVE SUMMARY
Income producing car wash and washateria
Total building size: ±4,850sf
Lot size: 1.09 Acres
Current NOI: $392,146
Car wash includes: 1 Automatic bay, 4 self service bays, 2 vacuums, & 2 car care stations
Washateria includes: 30 washers, 30 dryers, & 6 folding stations
No future car washes allowed in the city
City water and sewer
±22,000 VPD on Eagle Dr
High growth area near major intersection
Outside of all flood zones
Total building size: ±4,850sf
Lot size: 1.09 Acres
Current NOI: $392,146
Car wash includes: 1 Automatic bay, 4 self service bays, 2 vacuums, & 2 car care stations
Washateria includes: 30 washers, 30 dryers, & 6 folding stations
No future car washes allowed in the city
City water and sewer
±22,000 VPD on Eagle Dr
High growth area near major intersection
Outside of all flood zones
PROPERTY FACTS
| Price | $3,500,000 | Building Class | C |
| Price Per SF | $1,458.33 | Lot Size | 1.16 AC |
| Sale Type | Investment | Building Size | 2,400 SF |
| Cap Rate | 11.20% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1999 |
| Property Subtype | Car Wash | Parking Ratio | 6.25/1,000 SF |
| Zoning | Commercial | ||
| Price | $3,500,000 |
| Price Per SF | $1,458.33 |
| Sale Type | Investment |
| Cap Rate | 11.20% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 1.16 AC |
| Building Size | 2,400 SF |
| No. Stories | 1 |
| Year Built | 1999 |
| Parking Ratio | 6.25/1,000 SF |
| Zoning | Commercial |
AMENITIES
- Air Conditioning
1 1
PROPERTY TAXES
| Parcel Number | 00013-09900-00000-100200 | Improvements Assessment | $409,400 |
| Land Assessment | $438,400 | Total Assessment | $847,800 |
PROPERTY TAXES
Parcel Number
00013-09900-00000-100200
Land Assessment
$438,400
Improvements Assessment
$409,400
Total Assessment
$847,800
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11515 Eagle Dr - Mont Belvieu Car Wash & Washateria
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