Established Car Wash Redevelopment
4504 E Rancier Ave Killeen, TX 76543
4504 E Rancier Ave, Killeen, TX, 76543
Contact for pricing
For Sale
Contact for pricing
Busy self-serve car wash with redevelopment potential.
Property Size2,640 SF
Price / SF$148.86
Days on Market1050
Property Features for 4504 E Rancier Ave
General Information
- Standard status
- Active
- Size
- 2,640 SF
- Property subtype
- Special Purpose, Note/Loan, Business for Sale
Building Details
- Year Built
- 1997
Listing agency
Pete & Larry LLC
(254) 718-8604
Listed by
Rose Durham · License #TX 679442
Source
Crexi
Added: Sep 6, 2023 Updated: Jul 10 at 3:41PM Checked: Jul 21 at 1:37PM
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 Pete & Larry LLC
Investment Insights
Based on property information with market context.
This property features a self-service car wash with redevelopment potential, zoned B-3, suitable for various uses including oil change facilities, convenience stores, gas stations, retail spaces, restaurants, and day care centers. The property benefits from high visibility with an exceptional surveillance system and alarm system. The location experiences a traffic volume of 13,511 vehicles per day as of 2023. The property is surrounded by retail establishments such as Dollar General and the EastLake Shopping Center, as well as retirement communities and apartments. The car wash is situated in a location where the nearest competitor is 4.3 miles away. The property size is 2,640 square feet.
Key Highlights
- High‑traffic location with 13,511 vehicles per day (VPD) in 2023.
- Zoned B‑3, allowing for redevelopment into various businesses (oil change, convenience store, gas station, retail, restaurants, day care).
- Established car wash business with no nearby competition (closest car wash is 4.3 miles away).
Local Financial Insights For 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 | $47.5k | $18.00 |
| − Vacancy | −$2.7k | −$1.01 |
| EGI | $44.9k | $16.99 |
| − OpEx | −$13.5k | −$5.10 |
| NOI | $31.4k | $11.89 |
2,640 SF · lease $18.00/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$548.2K
$479.7K – $639.5K
NOI $38,372 @ 7.0% cap · market cap 9.76%
Second Best
Retail
$448.6K
$392.5K – $523.4K
NOI $31,401 @ 7.0% cap · market cap 7.99%
Theoretical Best
Office A
$634.1K
$554.8K – $739.8K
NOI $44,387 @ 7.0% cap · market cap 11.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Self service car ...
Similar For Sale Nearby
FAQs
What type of property is this?
Self service car wash - Busy self-serve car wash with redevelopment potential.
Where is this self service car wash located?
The property is located at 4504 E Rancier Ave Killeen, TX.
What is the asking price?
The asking price for this property is $393,000.
What are key features of this property?
This property features: High‑traffic location with 13,511 vehicles per day (VPD) in 2023.; Zoned B‑3, allowing for redevelopment into various businesses (oil change, convenience store, gas station, retail, restaurants, day care).; Established car wash business with **no nearby competition** (closest car wash is 4.3 miles away).
