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    1408 American Blvd Muleshoe, TX 79347

    For Sale
    $949,995

    Five Businesses on 1.2 Acres in Muleshoe, TX

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional investment opportunity encompasses five established businesses situated on a 1.2-acre lot in Muleshoe, Texas, along Highway 84. The property includes a well-maintained car wash featuring two automatic bays (one installed in 2019) and four manual bays. Recent upgrades to the car wash include a new water softener system, a weep system, updated pay stations, and a recently serviced reverse osmosis (RO) system. Also included is a 100x40 foot fenced RV storage facility, built in 2000, with capacity for up to eight RVs and consistently near 100% occupancy. A separate 32x10 foot building, previously a nail salon, offers flexible space for a variety of uses. Further enhancing the property's income potential are a dog wash station and a water/ice kiosk, the latter installed in 2001 and recently updated with a water softener and RO unit. Completing this comprehensive package are a 12x12 foot office and a 30x40 foot insulated shed. This turnkey operation presents a rare chance to acquire a diverse portfolio of established businesses in a thriving Texas community. The seller is open to selling the car wash separately, providing additional flexibility for potential buyers. This property is ideally suited for an investor seeking a diversified income stream and significant return on investment.

    Property Features for 1408 American Blvd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    52,272 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Muleshoe
    County
    Bailey
    State
    Texas
    Longitude
    -102.7379
    Latitude
    34.23426

    Nearby Comparable

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Commercial real estate - Five Businesses on 1.2 Acres in Muleshoe, TX
    Where is this commercial real estate located?
    The property is located at 1408 American Blvd Muleshoe, TX.
    What is the asking price?
    The asking price for this property is $949,995.
    (806) 999-0722
    Request Owner's contact information
    1408 American Blvd Muleshoe, TX 79347
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    Muleshoe, TX 79347
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    Realmo Value Estimation

    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.

    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.

    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
    1408 American Blvd Muleshoe, TX 79347
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