6402 San Pedro AveSan Antonio, TX 78216
- Other commercial real estate
- 1,025 SF
Property Details for 6402 San Pedro Ave
- Year built
- 1980
- Lot size
- 0.57 AC
- Property size (Sq ft)
- 1,025 SF
- Property type
- Other commercial real estate
- APN
- 13031-001-0120
- APU
- 130310010120
Description
This newly renovated WaveBrite Express Car Wash presents a unique investment opportunity in San Antonio, Texas. Located on San Pedro Ave at 6402 & 6410, this 1.03-acre property boasts a prime location with approximately 39,280 vehicles passing daily (VPD). The site benefits from its proximity to popular recreational destinations including the San Pedro Drive Range and Golf Course, The Rollercade, and the Shearer Hills Walking Trail, ensuring consistent customer traffic. The car wash features state-of-the-art equipment and was recently renovated in 2024. Strong demographics support this investment, with a population of approximately 319,276 within a 5-mile radius and a projected growth rate of 1.3% annually from 2024 to 2029. The e-commerce resistant nature of the car wash industry further enhances its stability. This property offers significant tax advantages, potentially qualifying for accelerated depreciation under IRS Code Sections 179 & 168(k), allowing for substantial business expense deductions. The asking price is $3,500,000. This is a single-tenancy property.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $257,817
- Hospitality
- $236,159
- Educational
- $196,482
- Medical
- $203,239
- Retail
- $305,638
Location Insight
- City
- San Antonio
- County
- Bexar
- State
- Texas
- Latitude
- 29.4955
- Longitude
- -98.4987
- CBSA code
- 41700
- CBSA name
- SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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