Coin Operated Carwash For
923 W Business Hwy 83 Mission, TX 78572
For Sale
$350,000
COMMERCIAL - Mission, TX
Property Size4,000 SF
Lot Size0.46 Acres
Price / SF$87.50
Days on Market226
Property Features for 923 W Business Hwy 83
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C3
Parking
1
Appliances
Water Heater (None)
Standard status
Active
APN
E010001001000001
Size
4,000 SF
Lot size
0.46 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3781
Building Details
Year built
1977
Building materials
Block
Roof type
Metal
Listing Agency:
Cohrs Realty Group
(956) 464-7355
Listed By:
Jonathan W. Cohrs
(956) 330-1878
Added: Dec 15, 2025
Changed: Apr 15
Last Checked: Jul 29 at 9:06AM
MLS# 488864
Copyright © 2026 Greater McAllen Association of Realtors. 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.
This commercial property in Mission, Texas, features a six-bay, coin-operated carwash. The property includes an enclosed equipment room and vacuum bays located behind the carwash. The lot size is 0.4647 acres. The property size is 4000 square feet. It is zoned C3.
Key Highlights
- 6 bay coin operated carwash
- Enclosed equipment room
- Vacuum bays behind carwash
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.2k | $8.04 |
| − Vacancy | −$2.1k | −$0.52 |
| EGI | $30.1k | $7.52 |
| − OpEx | −$9.0k | −$2.26 |
| NOI | $21.0k | $5.26 |
4,000 SF · lease $8.04/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$829.3K
$725.6K – $967.5K
NOI $58,051 @ 7.0% cap · market cap 16.59%
Second Best
Retail
$771.6K
$675.1K – $900.2K
NOI $54,009 @ 7.0% cap · market cap 15.43%
Theoretical Best
Hotel Hospitality
$3.01M
$2.64M – $3.52M
NOI $210,900 @ 7.0% cap · market cap 60.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Self service car wash - Six-bay carwash with equipment room on 0.46 acres.
Where is this self service car wash located?
The property is located at 923 W Business Hwy 83 Mission, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 6 bay coin operated carwash; Enclosed equipment room; Vacuum bays behind carwash
