2480 Tracy BlvdTracy, CA 95376

Property Details for 2480 Tracy Blvd

Year built

1996

Lot size

1.05 AC

Property size (Sq ft)

10,725 SF

Zone code

47

Property type

Retail properties

Property subtype

Other car washes

APN

214-490-020-000

APU

214490020000

Description

This exceptional investment opportunity presents a thriving, full-service and express car wash, gas station, and auto detailing center located at 2480 N Tracy Blvd, Tracy, CA 95376. The property, built in 1996 and extensively renovated in 2023, sits on a substantial 45,825 square foot lot (APN: 214-490-020-000) and encompasses 10,725 square feet of building space. The car wash boasts state-of-the-art, automated equipment, offering both express and full-service options, along with a busy auto detailing center. A coffee shop is currently under renovation, poised to generate additional revenue streams. The strategic location near a major intersection sees over 21,000 vehicles daily, benefiting from a population exceeding 102,000 and over 30,000 daytime employees within a 5-mile radius. Proximity to McKinley Village Shopping Mall and I-205 further enhances its visibility and accessibility. The property also includes a Valvoline oil change business generating approximately $126,000 in annual rental income (not included in the $9,900,000 asking price for the entire property). The business alone is available for $4.9 million. This turnkey operation offers significant potential for growth and increased profitability through the addition of customer-favorite snacks and food items to the coffee shop.

• CAP approach

  CAP return

  Valuation

  6%

  $4,260,422

  6.5%

  $3,932,697

  7%

  $3,651,790

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,538,100

  Geo Method

  $7,538,100

• Alternative Use

  Use

  Valuation

  Residential

  $3,317,377

  Hospitality

  $3,038,700

  Educational

  $2,528,162

  Medical

  $2,615,110

  Retail

  $3,932,697

Location Insight

City

Tracy

County

San Joaquin

State

California

Latitude

37.755

Longitude

-121.434

CBSA code

44700

CBSA name

STOCKTON, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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