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    Xpress Car Wash Investment Opportunity Title is generated by Realmo AI

    1702 Saint Mary St, Scott, LA 70583

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    Established car wash business with recurring revenue in expanding Lafayette market.

    Type:Special Purpose
    Property size:
    1,620 SF
    Price / SF:
    $216/SF
    Added:
    Mar 20, 2026
    Days on Market:
    100
    Last Refresh:
    Mar 21 at 8:36 pm

    Property Features for 1702 Saint Mary St

    General Information

    Standard status
    Active
    Size
    1,620 SF
    Property subtype
    Special Purpose

    Building Details

    Year Built
    2016

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    Jack Perez
    Jack Perez

    Listing office Matthews

    Listing date Mar 20, 2026

    Source Crexi

    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 Matthews

    HighLights

    • High‑traffic location with 17,400 vehicles per day, offering excellent visibility.
    • Established car wash business with 167 active members, providing recurring revenue.
    • Located in Scott, LA, a rapidly growing suburb of Lafayette.
    • Potential tax advantages with bonus depreciation for eligible equipment.
    • Conveniently located near Interstate 10.
    • Property built in 2016.

    Overview

    Xpress Car Wash, located at 1702 Saint Mary St, Scott, LA 70583, presents a lucrative investment opportunity. Situated in a high-traffic area with 17,400 vehicles per day, the property benefits from excellent visibility and convenience near Interstate 10. The car wash has 167 active members, providing recurring revenue. Located in Scott, a rapidly growing suburb of Lafayette, this property is suitable for an owner/user looking to acquire a business. The property size is 1,620 square feet. Investors may also benefit from potential tax advantages with bonus depreciation for eligible equipment. The property is available for auction with a starting bid of $350,000 on April 20th, 2026, at 9:00 am.

    Local Financial Insights For Specialty Retail

    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 $30.5k $18.84
    − Vacancy −$2.5k −$1.51
    EGI $28.1k $17.33
    − OpEx −$7.0k −$4.33
    NOI $21.1k $12.99
    1,620 SF · lease $18.84/SF/yr · vacancy 8.04% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $300.7K
    $263.1K – $350.8K (±1% cap)
    NOI $21,050 @ 7.0% cap · market cap 6.01%
    Second Best
    Retail
    $280.7K
    $245.6K – $327.5K (±1% cap)
    NOI $19,647 @ 7.0% cap · market cap 5.61%
    Theoretical Best
    Office A
    $383.0K
    $335.2K – $446.9K (±1% cap)
    NOI $26,812 @ 7.0% cap · market cap 7.66%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Car washes

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Scott
    County
    Lafayette
    State
    Louisiana
    Longitude
    -92.10468
    Latitude
    30.24315

    FAQs

    What type of property is this?
    Car wash - Established car wash business with recurring revenue in expanding Lafayette market.
    Where is this car wash located?
    The property is located at 1702 Saint Mary St Scott, LA.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: High‑traffic location with 17,400 vehicles per day, offering excellent visibility.; Established car wash business with 167 active members, providing recurring revenue.; Located in Scott, LA, a rapidly growing suburb of Lafayette.
    (949) 300-4676 Call to check price and availability
    More about this property
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