1013 Montrose BlvdHouston, TX 77019

Property Details for 1013 Montrose Blvd

Year built

2010

Construction

WOOD FRAME

Lot size

0.89 AC

Property size (Sq ft)

884 SF

Property type

Retail properties

Property subtype

Self service car washes

APN

101660020001

APU

101660020001

Description

This exceptional 38,899 square foot car wash facility located at 1013 Montrose Blvd, Houston, TX 77019, is offered for sale at $1,500,000. Built in 2010, this single-story building sits on a 38,899 square foot lot and presents a lucrative investment opportunity. The property boasts a strong history of success, operating as a thriving hand car wash offering a comprehensive range of services including detailing, waxing, interior/exterior trim shine, and wheel detailing. Its prime location in a high-traffic area of Houston ensures consistent customer flow. The asking price of $1,500,000 translates to $38.56 per square foot, reflecting the value of this established business and its strategic location. Financial records are available upon request to qualified buyers. This is a rare opportunity to acquire a well-established, profitable business in a desirable Houston location. The property is being sold by the owner and is ready for immediate transfer of ownership. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $266,136

  6.5%

  $245,664

  7%

  $228,116

• Comparable approach

  Method

  Valuation

  Relative Method

  $329,272

  Geo Method

  $666,945

• Alternative Use

  Use

  Valuation

  Residential

  $207,227

  Hospitality

  $189,818

  Educational

  $157,927

  Medical

  $163,358

  Retail

  $245,664

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.7568

Longitude

-95.3919

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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