1907 13Th AveAmarillo, TX 79102

Property Details for 1907 13Th Ave

Year built

1986

Lot size

0.32 AC

Property size (Sq ft)

1,940 SF

Zone code

HC

Property type

Self service car washes

APN

R-048-0400-5978

APU

R04804005978

Description

This exceptional investment opportunity presents a self-serve car wash located at 1907 SE 13th Ave, Amarillo, TX 79102, in Potter County. The property, built in 1986, boasts a substantial 2,360 square feet situated on a 0.32-acre lot (APN 218289). Currently closed, this asset sale offers a unique chance to acquire a well-established business with significant potential. The car wash features six operational bays, each equipped with cryptopay credit card acceptance for convenient customer transactions. The asking price is $185,000, translating to a price per square foot of $78.39. This presents a compelling opportunity for investors seeking a strong return on investment, particularly given the potential for car wash depreciation tax deductions. All offers are welcome. This is a turnkey opportunity to own a profitable car wash business in a growing market. The property is ready for a new owner to revitalize and capitalize on the demand for car wash services in the Amarillo area. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $389,960

  6.5%

  $359,963

  7%

  $334,251

• Comparable approach

  Method

  Valuation

  Relative Method

  $426,162

  Geo Method

  $588,220

• Alternative Use

  Use

  Valuation

  Residential

  $303,642

  Hospitality

  $278,135

  Educational

  $231,405

  Medical

  $239,363

  Retail

  $359,963

Location Insight

City

Amarillo

County

Potter

State

Texas

Latitude

35.1978

Longitude

-101.816

CBSA code

11100

CBSA name

AMARILLO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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