Car Wash with On-Site
For Sale
$650,000
4410 S Clack St, Abilene, TX 79606
Operating automotive service property with land, equipment, inventory, and improvements included in the sale.
Property Size2,134 SF
Lot Size0.29 Acres
Price / SF$304.59
Days on Market17
Property Features for 4410 S Clack St
General Information
Standard status
Active
Size
2,134 SF
Lot size
0.29 Acres
Zoning
GC
Additional Details
Business Included
Yes
Road Access
Yes
Building Details
Year Built
1982
Abandoned
No
Listing Agency:
Abilene Group Premier Re. Adv.
(325) 669-5153
Listed By:
Phil Hill · License #0657445
Source:
Minteerteam
Added: Aug 12
Changed: Aug 28
Last Checked: Aug 25 at 7:33AM
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 Abilene Group Premier Re. Adv.
Investment Insights
Based on property information with market context.
This operating car wash includes a 2,134-square-foot facility on a 12,500-square-foot site. The sale includes the business, inventory, machinery, land, and improvements, along with additional parking and driveway access. The property was built in 1982 and is zoned GC.
Located at 4410 S Clack Street in southwest Abilene, the property sits east of Buffalo Gap Road along South Clack Street. Its position provides access from a commercial corridor with frontage, driveway connectivity, and customer parking serving the existing automotive use.
The GC zoning and existing car wash improvements support the current operation while providing a commercial property configuration suited to automotive service, retail, or other service-oriented uses identified for the site.
Located at 4410 S Clack Street in southwest Abilene, the property sits east of Buffalo Gap Road along South Clack Street. Its position provides access from a commercial corridor with frontage, driveway connectivity, and customer parking serving the existing automotive use.
The GC zoning and existing car wash improvements support the current operation while providing a commercial property configuration suited to automotive service, retail, or other service-oriented uses identified for the site.
Key Highlights
- 2,134‑square‑foot car wash on a 12,500‑square‑foot site
- Business sale includes inventory, machinery, land, and improvements
- Additional parking and driveway access included
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$21,319
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.28%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$426,380
$426.4K
Cap Rate 7%
$304,557
$304.6K
Cap Rate 9%
$236,878
$236.9K
Market Conditions
NOI Build-Up for 2,134 SF
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.
Gross rent
$30.7K $14.40/SF
− Vacancy
−$2.3K −$1.08/SF
EGI
$28.4K $13.32/SF
− OpEx
−$7.1K −$3.33/SF
NOI
$21.3K $9.99/SF
Area
Abilene, TX
Vacancy
7.50%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$426,380
Cap Rate 7%
$304,557
Cap Rate 9%
$236,878
Alternative Uses
Best Use
Specialty Retail
$304.6K
$266.5K – $355.3K
NOI $21,319 @ 7.0% cap · market cap 3.28%
Second Best
Retail
$259.2K
$226.8K – $302.4K
NOI $18,141 @ 7.0% cap · market cap 2.79%
Theoretical Best
Office A
$476.5K
$416.9K – $555.9K
NOI $33,352 @ 7.0% cap · market cap 5.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,038
Businesses Nearby
Explore this area
Business Placement
Demographics for 79606, TX
27,818
Population
13,191
Households
2.1
Avg Household Size
36
Median Age
38%
College-Educated
97%
High-School Grad
69.5 sq mi
ZIP Area
400
Density / Sq Mi
$83,201
Median Household Income
$48,062
Median Earnings
$1,165
Median Rent
$248,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Car wash - Operating automotive service property with land, equipment, inventory, and improvements included in the sale.
Where is this car wash located?
The property is located at 4410 S Clack St Abilene, TX.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 2,134‑square‑foot car wash on a 12,500‑square‑foot site; Business sale includes inventory, machinery, land, and improvements; Additional parking and driveway access included
