6821 Everhart RdCorpus Christi, TX 78413

  • Retail properties
  • 3,751 SF
For Sale
$1,100,000 View listing

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
6821 Everhart Rd, Corpus Christi, Texas

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

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
$17,787
$347,760
$460,338
$808,098
-
$347,760
$460,338
$808,098

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