6821 Everhart RdCorpus Christi, TX 78413
- Retail properties
- 3,751 SF
Property Details for 6821 Everhart Rd
- Year built
- 2008
- Lot size
- 1.11 AC
- Property size (Sq ft)
- 3,751 SF
- Property type
- Retail properties
- Property subtype
- Other car washes
- APN
- 2606-0002-0030
- APU
- 260600020030
Description
Exceptional opportunity to acquire a well-established car wash in Corpus Christi, Texas. This turnkey operation boasts a substantial 3,751 square foot building constructed in 2008, situated on a spacious 1.108-acre lot. The property features four self-serve bays and two automatic in-bay wash bays, providing comprehensive car washing services. Located on Everhart Road in Nueces County, this prime location benefits from high visibility and traffic volume on a major arterial road. The surrounding neighborhood is experiencing significant growth and development, ensuring a strong and expanding customer base. The property is zoned CN-1 and offers an attractive 8.00% cap rate with an asking price of $1,100,000. This is a rare chance to own a profitable, established business in a rapidly growing area of Corpus Christi. The single-story building provides ample space for operations and potential expansion. This is a truly exceptional investment opportunity with significant potential for future returns. The property's size and location make it an ideal acquisition for investors seeking a stable and high-performing asset in the Texas commercial real estate market. The property address is 6821 Everhart Rd, Corpus Christi, TX 78413.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,182,639
- 6.5%
- $1,091,667
- 7%
- $1,013,690
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,215,340
- Geo Method
- $2,148,274
-
Alternative Use
- Use
- Valuation
- Residential
- $920,862
- Hospitality
- $843,504
- Educational
- $701,786
- Medical
- $725,921
- Retail
- $1,091,667
Location Insight
- City
- Corpus Christi
- County
- Nueces
- State
- Texas
- Latitude
- 27.6851
- Longitude
- -97.4035
- CBSA code
- 18580
- CBSA name
- CORPUS CHRISTI, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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