Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    12573 Richmond Avenue Houston, TX 77082

    View on Map
    Claim this Listing
    For Sale
    $1,300,000

    Business - Houston, TX

    Type:Business
    Lot size:
    1.02 Acres
    Added:
    Feb 11, 2026
    Days on Market:
    78
    Last Refresh:
    Apr 30 at 5:06 am

    Property Features for 12573 Richmond Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Parking features
    Parking Lot
    Standard status
    Active
    APN
    1235130010001
    Lot size
    1.02 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2004
    Flooring type
    Concrete
    Building materials
    Steel Siding
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Melissa Croll
    Melissa Croll

    Listing agent Melissa Croll License #0560702

    Listing office Attlee Realty, LLC 8751 Collin McKinney Pkwy#1405, Mckinney, TX

    Listing date Feb 11, 2026

    MLS# 21128974 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Houston Car Wash Business Opportunity

    Located at 12573 Richmond Ave in Houston, Texas, the Oasis Car Wash Club is a full-service car wash situated in the Westchase Alief area. The property benefits from its location in a busy corridor characterized by significant retail, residential, and commercial activity. The surrounding area features shopping centers, universities, and other attractions, supported by robust traffic data indicating a vibrant and growing market. The car wash was remodeled in 2024. An investment opportunity is available to partner with the current owner for improvements and equipment. An investment of $1.45M allows ownership of up to 40 percent of the real estate and business, while $625k grants 35 percent ownership of the business only. The property is situated on a 1.022-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Yo! Hip Hop ... (Bike/Boat/Book/etc) Store A.J. Mister Clean Car Wash

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.604027
    Latitude
    29.729296

    Nearby Similar for Sale

    • $950,000

      Versatile Office-Warehouse Flex Building

      Office-warehouse flex building on 0.60 acres in a high-visibility location.
      11043 Jones Road, Houston, TX 77070
      View Details
    • $6,500,000

      New Car Wash on Highway

      Newly built express car wash on high-traffic Houston corridor.
      3703 Highway 6 S, Houston, TX 77082
      View Details
    • $595,000
      3,440 SF

      Townhouse-Style Duplex Near NRG Stadium

      Houston duplex near NRG Stadium with modern amenities and spacious units.
      5140 Mallow Street, Houston, TX 77033
      View Details
    • $480,000
      2,236 SF

      Modern Duplex Near Medical Center

      Two-story duplex built in 2020, convenient location, fully equipped.
      6501 Osprey Drive unit: A+B, Houston, TX 77048
      View Details
    • $795,000
      6,465 SF

      Move-in Ready Office Condo

      High-quality office space in a prime Houston location.
      12802 Willow Centre Drive, Houston, TX 77066
      View Details
    • $505,000
      3,200 SF

      Warehouse with Additional Building

      Warehouse and office building with development potential near downtown.
      1939 Hopper Rd, Houston, TX 77093
      View Details
    • $1,400,000

      Houston Multi-Unit Investment Opportunity

      Multi-unit commercial property in Houston, TX, ideal for investors.
      6706 Ralston Street, Houston, TX 77016
      View Details
    • $750,000
      4,320 SF

      Office Flex Space For Rent

      Office and flex space available for immediate move-in.
      16628 SEA LARK RD, Houston, TX
      View Details
    • $499,000
      3,232 SF

      High-Visibility Commercial Building For Sale

      Freestanding building in high-growth area, ideal for various businesses.
      5701 Martin Luther King Blvd, Houston, TX 77021
      View Details
    • $999,000
      6,510 SF

      Houston Retail Shopping Center For Sale

      6,510 SF retail center, 100% occupied, NNN leases.
      12033 Misty Valley Dr, Houston, TX 77066
      View Details
    • $1,350,000
      6,000 SF

      Houston Industrial Facility with Yard

      Industrial facility with secure yard, convenient highway access.
      13430 CONKLIN LN, Houston, TX 77034
      View Details
    • $2,399,000
      6,329 SF

      Houston Retail Center For Sale

      6,329 SF retail center in Houston's Oak Forest neighborhood.
      2015 W 34th St, Houston, TX 77018
      View Details

    FAQs

    What type of property is this?
    Car wash - Full-service car wash in a high-traffic Houston location.
    Where is this car wash located?
    The property is located at 12573 Richmond Avenue Houston, TX.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: Remodeled in 2024.; Full service car wash in a high‑traffic location (Westchase Alief area of Houston).; Strong retail, residential, and commercial activity in the surrounding area.
    (972) 886-8357
    We can help!
    Listing Contact
    Melissa Croll
    Melissa Croll
    Real Estate License ID: 0560702
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!