Richmond Car Wash &
22355 Bellaire Boulevard Richmond, TX 77407
22355 Bellaire Boulevard, Richmond, TX, 77407
$3,295,000
For Sale
$3,295,000
Family-owned car wash and lube center in Richmond, Texas.
Property Size7,400 SF
Price / SF$445.27
Days on Market110
Property Features for 22355 Bellaire Boulevard
General Information
- Standard status
- Active
- Size
- 7,400 SF
- Property subtype
- Vacant-User
Building Details
- Year Built
- 2016
Listing agency
Houston Office
(713) 452-4317
Listed by
Sebastian Davis · License #License(s): TX: 806053
(713) 452-4317
Source
Marcusmillichap
Added: Apr 3 Updated: Jul 10 at 1:15PM Checked: Jul 21 at 3:00AM
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 Houston Office
Investment Insights
Based on property information with market context.
The Apple Car Wash & Lube Center in Richmond, Texas, has been family-owned and operated since 2016. It offers a range of automotive services to a loyal customer base. The center provides detailing, washing, and lube services. Open 7 days a week, customers can schedule services online. For customer convenience, the location includes a convenience store with beverages, snacks, gift items, and car accessories. A comfortable lounge area with seating, free Wi-Fi, televisions, and restrooms are available for customers to relax or work while their vehicles are serviced. The property size is 7400 square feet on a 11.16% lot.
Key Highlights
- Established business: Family‑owned and operated since 2016 with a loyal customer base.
- Comprehensive automotive services: Offers car wash, detailing, inspection, and express lube services.
- Convenient operation: Open 7 days a week with online scheduling.
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 | $151.8k | $20.52 |
| − Vacancy | −$8.7k | −$1.17 |
| EGI | $143.2k | $19.35 |
| − OpEx | −$35.8k | −$4.84 |
| NOI | $107.4k | $14.51 |
7,400 SF · lease $20.52/SF/yr · vacancy 5.70% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.53M
$1.34M – $1.79M
NOI $107,394 @ 7.0% cap · market cap 3.26%
Second Best
Retail
$1.43M
$1.25M – $1.67M
NOI $100,235 @ 7.0% cap · market cap 3.04%
Theoretical Best
Multifamily LT 5
$92.19M
$80.66M – $107.55M
NOI $6,453,014 @ 7.0% cap · market cap 195.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apple Lube Express
Auto Repair Shop
Apple Car Wash ...
Car Wash
ELITE FIREWORKSâ„¢ Mega ...
Discount Store
Similar For Sale Nearby
FAQs
What type of property is this?
Car wash - Family-owned car wash and lube center in Richmond, Texas.
Where is this car wash located?
The property is located at 22355 Bellaire Boulevard Richmond, TX.
What is the asking price?
The asking price for this property is $3,295,000.
What are key features of this property?
This property features: Established business: Family‑owned and operated since 2016 with a loyal customer base.; Comprehensive automotive services: Offers car wash, detailing, inspection, and express lube services.; Convenient operation: Open 7 days a week with online scheduling.
