For Sale
$2,500,000
311 S. Timberland DriveLufkin, TX 75901
Full Service Car Wash Business and Real Estate
Overview
- Added:
- Jan 29
- Days on market:
- 68
Highlights
- UNIQUE OPPORTUNITY TO ACQUIRE BUSINESS AND REAL ESTATE An excellent opportunity for an owner/user to acquire the business and the underlying real estate including the land, building and FF&E. Owners ability to control their own destiny with ownership of the real estate, versus uncertainty of leasing. TAX ADVANTAGES – ACCELERATED DEPRECIATION Under IRS Code Sections 179 & 168(k), these types of properties can qualify for business expense deductions up to 80 percent of the cost in the first year. Some car washes even qualify for “bonus depreciation” for personal property acquisitions in addition. ** INVESTCORE DOES NOT PROVIDE ACCOUNTING ADVICE, THIS IS FOR INFORMATIONAL PURPOSES ONLY. PLEASE CONSULT CPA COVID-19 AND ECOMMERCE RESISTANT BUSINESS The car wash industry one of the few Essential Services that were allowed to remain open for business throughout the pandemic
Property Details for 311 S. Timberland Drive
- Property type
- Opportunity zone commercial real estate, Commercial land
- Square Feet
- 7,409 SF
- Price / Square Foot
- $337.43
- Year Built
- 2000
- Buildings
- 1
- Stories
- 1
- Elevators
- N/A
- Lot Size (sq. ft)
- 54,886 SF
Location Insight
- City
- Lufkin
- County
- State
- Texas
Nearby Similar for Sale
FAQs
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