San Marcos Car Wash
For Sale
$675,000
2106 Hunter Rd, San Marcos, TX 78666
0.68 acre car wash property for repurposing in San Marcos.
Property Size3,892 SF
Lot Size0.68 Acres
Price / SF$173.43
Days on Market217
Property Features for 2106 Hunter Rd
General Information
Standard status
Active
Size
3,892 SF
Lot size
0.68 Acres
Building Details
Year Built
2001
Listing Agency:
Texias LLC
Listed By:
John Mccrocklin
(512) 842-2006
Source:
Texasrealtygroup
Added: Mar 11
Changed: Oct 1
Last Checked: Oct 5 at 10:32PM
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 Texias LLC
Investment Insights
Based on property information with market context.
This property features an existing five-bay Thermal Jet Car Wash situated on 0.68 acres. Zoned GC, General Commercial, the site is suitable for repurposing due to the increasing prevalence of tunnel washes. Potential alternative uses include fast food or coffee drive-through, or lube and alignment services. The property benefits from a 30-foot cross-access driveway parallel to Hunter Road, providing access to medical offices. Existing improvements such as concrete flatwork, a detention pond, and city water and wastewater service enhance the property's value for conversion. As-built plans and a site plan are available. A 2022 TxDOT study indicates high traffic counts, with 29,697 vehicles per day on Wonder World Drive and 34,943 vehicles per day on Hunter Road/FM 2439.
Key Highlights
- Excellent traffic counts: High visibility location on Wonder World Drive and Hunter Road.
- Zoned GC, General Commercial: Suitable for various business types.
- Existing infrastructure: Includes concrete flatwork, detention pond, and city water/wastewater service.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,823
Cap Rate
5.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$696,460
$696.5K
Cap Rate 7%
$497,471
$497.5K
Cap Rate 9%
$386,922
$386.9K
Market Conditions
NOI Build-Up for 3,892 SF
Gross rent
$57.9K $14.88/SF
− Vacancy
−$8.2K −$2.10/SF
EGI
$49.7K $12.78/SF
− OpEx
−$14.9K −$3.83/SF
NOI
$34.8K $8.95/SF
Area
Hays County, TX
Vacancy
14.10%
Lease Rate
$14.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$696,460
Cap Rate 7%
$497,471
Cap Rate 9%
$386,922
Alternative Uses
Best Use
Specialty Retail
$1.05M
$917.8K – $1.22M
NOI $73,426 @ 7.0% cap · market cap 10.88%
Second Best
Retail
$979.0K
$856.6K – $1.14M
NOI $68,531 @ 7.0% cap · market cap 10.15%
Theoretical Best
Office A
$1.63M
$1.42M – $1.90M
NOI $113,887 @ 7.0% cap · market cap 16.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
562
Businesses Nearby
38k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 52%
Dining 26%
Home Improvements & Furnishings 10%
Groceries 7%
Chevron
Shops & Services
10,351 visits/mo
0.2 miles
Garcia's Mexican Restaurant
Dining
10,138 visits/mo
0.3 miles
Dollar General
Shops & Services
9,066 visits/mo
0.3 miles
McCoy's Building Supply
Home Improvements & Furnishings
3,909 visits/mo
0.1 miles
Twin Liquors
Groceries
2,725 visits/mo
0.1 miles
Demographics for 78666, TX
86,584
Population
36,354
Households
2.4
Avg Household Size
27
Median Age
35%
College-Educated
89%
High-School Grad
192.4 sq mi
ZIP Area
450
Density / Sq Mi
$55,478
Median Household Income
$25,890
Median Earnings
$1,294
Median Rent
$271,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Car wash - 0.68 acre car wash property for repurposing in San Marcos.
Where is this car wash located?
The property is located at 2106 Hunter Rd San Marcos, TX.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Excellent traffic counts: High visibility location on Wonder World Drive and Hunter Road.; Zoned GC, General Commercial: Suitable for various business types.; Existing infrastructure: Includes concrete flatwork, detention pond, and city water/wastewater service.
