Car Wash Facility with GC
For Sale
$650,000
4410 S Clack Street, Abilene, TX 79606
COMMERCIAL - Abilene, TX
Property Size2,134 SF
Lot Size0.39 Acres
Price / SF$304.59
Days on Market73
Property Features for 4410 S Clack Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
GC COR
Parking features
Driveway
Subdivision
Stonegate Add
Directions
Just East of Buffalo Gap Rd on South Clack
Standard status
Active
APN
1005355
Lot size
0.39 Acres
Taxes and HOA fees
Tax Description
STONEGATE ADDN SEC 1, BLOCK 3, LOT 405 REP, A
Tax Annual Amount
5003
Legal Description
STONEGATE ADDN SEC 1, BLOCK 3, LOT 405 REP, A
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1982
Floors in Building
1
Number of units
1
Flooring type
Concrete
Building materials
AluminumSiding, Brick
Roof type
Flat
Listing Agency:
Abilene Group Premier Re. Adv.
(325) 721-2436
Listed By:
Phil Hill · License #0657445
(325) 660-5330
Added: Jun 2
Changed: Aug 4
Last Checked: Aug 13 at 12:06AM
MLS# 21282295
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.
Investment Insights
Based on property information with market context.
Car wash facility currently operating as a car wash at 4410 S Clack Street in Abilene. The site includes approximately 2,134 square feet on a 12,500 square foot lot with additional driveway access and parking. The property is zoned GC and is supported by public water and public sewer services.
Construction materials include brick and aluminum siding, with concrete flooring and a flat roof. Built in 1982, the property includes parking with driveway access and is designed around the existing car wash operation. Included in the sale are the business, inventory, machinery, land, and improvements.
Positioned just east of Buffalo Gap Road, the property offers high-visibility frontage along S Clack Street with straightforward customer access.
Construction materials include brick and aluminum siding, with concrete flooring and a flat roof. Built in 1982, the property includes parking with driveway access and is designed around the existing car wash operation. Included in the sale are the business, inventory, machinery, land, and improvements.
Positioned just east of Buffalo Gap Road, the property offers high-visibility frontage along S Clack Street with straightforward customer access.
Key Highlights
- Approximately 2,134 SF car wash facility on a 12,500 SF site
- Zoned GC
- Built in 1982
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$21,319
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.28%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$426,380
$426.4K
Cap Rate 7%
$304,557
$304.6K
Cap Rate 9%
$236,878
$236.9K
Market Conditions
NOI Build-Up for 2,134 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$30.7K $14.40/SF
− Vacancy
−$2.3K −$1.08/SF
EGI
$28.4K $13.32/SF
− OpEx
−$7.1K −$3.33/SF
NOI
$21.3K $9.99/SF
Area
Abilene, TX
Vacancy
7.50%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$426,380
Cap Rate 7%
$304,557
Cap Rate 9%
$236,878
Alternative Uses
Best Use
Specialty Retail
$304.6K
$266.5K – $355.3K
NOI $21,319 @ 7.0% cap · market cap 3.28%
Second Best
Retail
$259.2K
$226.8K – $302.4K
NOI $18,141 @ 7.0% cap · market cap 2.79%
Theoretical Best
Office A
$476.5K
$416.9K – $555.9K
NOI $33,352 @ 7.0% cap · market cap 5.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
472
Businesses Nearby
Explore this area
Business Placement
Demographics for 79606, TX
27,818
Population
13,191
Households
2.1
Avg Household Size
36
Median Age
38%
College-Educated
97%
High-School Grad
69.5 sq mi
ZIP Area
400
Density / Sq Mi
$83,201
Median Household Income
$48,062
Median Earnings
$1,165
Median Rent
$248,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Car wash - Car wash property zoned GC with public utilities, driveway parking, and brick and aluminum construction.
Where is this car wash located?
The property is located at 4410 S Clack Street Abilene, TX.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Approximately 2,134 SF car wash facility on a 12,500 SF site; Zoned GC; Built in 1982
