6402 San Pedro AveSan Antonio, TX 78216

  • Other commercial real estate
  • 1,025 SF
For Sale
$3,500,000 View listing

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
6402 San Pedro Ave, San Antonio, Texas

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$18,625
$506,120
$305,275
$811,395
-
$506,120
$305,275
$811,395

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