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1971 S Bagdad Rd - Car Wash Country 2,952 SF Specialty Building Offered at $1,500,000 at a 9.56% Cap Rate in Cedar Park, TX 78613
Investment Highlights
- Located within one of the nation’s fastest growing markets | 1 Soft-Touch Automatic Bay – Belanger Freestyle
- Additional income from food truck and vending machine | Potential redevelopment opportunity
- The investment offers eligibility for 100 % bonus depreciation, allowing investors to accelerate depreciation
- 1 Touch-Free Laser Wash Bay – PDQ Automatic | 5 Self Service Bays | 6 Vacuums | Perfume Station
- Prime adjacency to Starbucks with substantial surrounding development driving sustained traffic growth
Executive Summary
Broker of Record
Patrick Graham
License # 9005919 (TX)
Matthews Real Estate Investment Services, LLC
8300 Douglas Ave., Ste. 750, Dallas, TX 75225
(866) 889-0550
Patrick Graham
License # 9005919 (TX)
Matthews Real Estate Investment Services, LLC
8300 Douglas Ave., Ste. 750, Dallas, TX 75225
(866) 889-0550
Property Facts
| Price | $1,500,000 | Building Class | C |
| Price Per SF | $508.13 | Lot Size | 0.74 AC |
| Sale Type | Investment | Building Size | 2,952 SF |
| Cap Rate | 9.56% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2004 |
| Property Subtype | Car Wash | No. Drive In / Grade-Level Doors | 7 |
| Zoning | 4-GR | ||
| Price | $1,500,000 |
| Price Per SF | $508.13 |
| Sale Type | Investment |
| Cap Rate | 9.56% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 0.74 AC |
| Building Size | 2,952 SF |
| No. Stories | 1 |
| Year Built | 2004 |
| No. Drive In / Grade-Level Doors | 7 |
| Zoning | 4-GR |
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Property Taxes
| Parcel Number | R449488 | Improvements Assessment | $358,334 |
| Land Assessment | $766,666 | Total Assessment | $1,125,000 |
Property Taxes
Parcel Number
R449488
Land Assessment
$766,666
Improvements Assessment
$358,334
Total Assessment
$1,125,000
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1971 S Bagdad Rd - Car Wash Country
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