10442 Leopard StCorpus Christi, TX 78410

Property Details for 10442 Leopard St

Year built

1979

Lot size

1.24 AC

Property size (Sq ft)

4,495 SF

Zone code

B-4

Property type

Car washes

APN

3415-0003-0020

APU

341500030020

Description

Exceptional owner-user opportunity to acquire the WashWorks Express, a brand new, single-tenant auto shop in Annaville, Texas. This 2024-built facility sits on a 1.24-acre lot at 10442 Leopard St, 78410, enjoying a strategic location on a major retail thoroughfare with high traffic counts (approximately 31,000 vehicles per day) at a signalized 4-way stop. The business has been operational since July 2024. This e-commerce resistant industry presents a strong investment opportunity. The 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 $6,400,000. This represents a rare chance to own a thriving, newly constructed business and its underlying real estate in a high-traffic location. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $699,406

  6.5%

  $645,605

  7%

  $599,491

• Comparable approach

  Method

  Valuation

  Relative Method

  $403,114

  Geo Method

  $1,062,440

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,250,810

  Mixed-Use / Specialty

  $646,611

  Hospitality / Lodging

  $478,704

  Office

  $646,214

  Institutional / Educational

  $673,397

  Residential Income

  $787,874

  Multifamily

  $926,600

  Automotive / Energy

  $577,197

  Parking / Income-Based Land

  $195,916

  Restaurant / Food Service

  $343,365

  Healthcare / Senior Housing

  $659,696

Location Insight

City

Corpus Christi

County

Nueces

State

Texas

Latitude

27.839

Longitude

-97.5729

CBSA code

18580

CBSA name

CORPUS CHRISTI, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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