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4-Bay Self-Service Car Wash
For Sale
$375,000

1006 E 1st St, Humble, TX 77338

Updated operating property with multiple vacuums and direct access from two nearby streets.

Property Size1,512 SF
Lot Size0.30 Acres
Price / SF$248.02
Days on Market78

Property Features for 1006 E 1st St

General Information

Standard status Active
Size 1,512 SF
Lot size 0.30 Acres

Additional Details

Road Access Yes
Car Wash Bays 4

Amenities

vacuums

Building Details

Year Built 1970
Buildings 1
Listing Agency: Attlee Realty, LLC
Listed By: Melissa Croll · License #9004811
Source: Minteerteam
Added: Jul 29 Changed: Oct 1 Last Checked: Oct 7 at 3:52PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Attlee Realty, LLC

Investment Insights

Based on property information with market context.

This self-service car wash includes a 1,512 SF building on a 0.2982-acre site containing 12,990 SF of land. The facility has four customer-use bays, multiple vacuums, and recent updates and improvements. Built in 1970, the property is configured as a functional car wash operation.

The site is located at 1006 E 1st St in Humble, Texas, near FM 1960 and within the area’s commercial corridor. Access is available from 1st Street and N. Houston Ave. Nearby FM 1960 traffic counts are reported at 10,848 and 11,072 AADT. Demographic data identifies 45,098 people within 3 miles and 173,847 within 5 miles, with household incomes ranging from $61,988 within 1 mile to $108,548 within 5 miles. The property is positioned for an owner-operator, first-time wash investor, or portfolio buyer.

Key Highlights

  • Four self‑serve wash bays with multiple vacuums
  • 1,512 SF building on 0.2982 acres
  • 12,990 SF of land

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,943
Cap Rate
5.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$438,860 $438.9K
Cap Rate 7%
$313,471 $313.5K
Cap Rate 9%
$243,811 $243.8K
Market Conditions
NOI Build-Up for 1,512 SF
Gross rent
$31.0K $20.52/SF
− Vacancy
−$1.8K −$1.17/SF
EGI
$29.3K $19.35/SF
− OpEx
−$7.3K −$4.84/SF
NOI
$21.9K $14.51/SF
Area
Harris County, TX
Vacancy
5.70%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$438,860
Cap Rate 7%
$313,471
Cap Rate 9%
$243,811

Alternative Uses

Best Use
Specialty Retail
$313.5K
$274.3K – $365.7K (±1% cap)
NOI $21,943 @ 7.0% cap · market cap 5.85%
Second Best
Retail
$256.6K
$224.6K – $299.4K (±1% cap)
NOI $17,965 @ 7.0% cap · market cap 4.79%
Theoretical Best
Office A
$412.9K
$361.3K – $481.7K (±1% cap)
NOI $28,900 @ 7.0% cap · market cap 7.71%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Humble Car Wash Car Wash

Suggested Use

Top Pick Parking Lot & Garage Butcher Acupuncture Florist Nursing Home Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,909
Businesses Nearby
81k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 47% Shops & Services 39% Groceries 12% Electronics 1%
Starbucks Dining
14,337 visits/mo 0.5 miles
Mobil Shops & Services
14,304 visits/mo 0.4 miles
Jack in the Box Dining
12,243 visits/mo 0.4 miles
La Michoacana Meat Market Groceries
9,495 visits/mo 0.4 miles
SONIC Drive In Dining
7,676 visits/mo 0.4 miles

Demographics for 77338, TX

45,031
Population
17,667
Households
2.5
Avg Household Size
33
Median Age
20%
College-Educated
87%
High-School Grad
26.0 sq mi
ZIP Area
1,732
Density / Sq Mi
$68,808
Median Household Income
$38,528
Median Earnings
$1,354
Median Rent
$222,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Self service car wash - Updated operating property with multiple vacuums and direct access from two nearby streets.
Where is this self service car wash located?
The property is located at 1006 E 1st St Humble, TX.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Four self‑serve wash bays with multiple vacuums; 1,512 SF building on 0.2982 acres; 12,990 SF of land
More about this property
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