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    Car Wash Business with Tunnel Title is generated by Realmo AI

    505 Nueces Street, George West, TX 78022

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    Claim this Listing
    For Sale
    $197,250

    COMMERCIAL - George West, TX

    Property size:
    1,100 SF
    Lot size:
    0.34 Acres
    Price / SF:
    $179/SF
    Added:
    Apr 29, 2026
    Days on Market:
    36
    Last Refresh:
    Jun 3 at 6:06 am

    Property Features for 505 Nueces Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Parking Lot
    Standard status
    Active
    APN
    21900047000100
    Size
    1,100 SF
    Lot size
    0.34 Acres

    Taxes and HOA fees

    Tax Description
    GEO WEST BLOCK 47 LOT 1 & 2 0.344 ACRES
    Tax Annual Amount
    679

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    2018
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Concrete
    Building materials
    Brick
    Roof type
    Metal

    We can help!

    Listing Contact
    Melissa Croll
    Melissa Croll

    Listing agent Melissa Croll License #9004811

    Listing office Attlee Realty, LLC Mckinney, TX

    Listing date Apr 29, 2026

    MLS# 20852475

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Car wash business for sale on a ground lease; sold as a portfolio with 130 I35, Pearsall, TX and 17255 S I35, Dilley, TX
    • 2018‑built property with brick construction, concrete flooring, and a metal roof
    • Includes one 35' in‑bay tunnel with Ryko Softgloss Maxx NCS installed in 2018
    • Features 2 self‑serve bays and 2 vacuums (all details to be verified by the buyer’s agent)
    • Public water service and public sewer available

    Overview

    This car wash business is offered for sale on a ground lease. The facility includes a 35' in-bay tunnel with Ryko Softgloss Maxx NCS equipment installed in 2018, along with two self-serve bays and two vacuums. All information should be verified by the buyer’s agent.

    The property is located at 505 Nueces Street in George West, Texas. The sale is structured as a portfolio offering that also includes 130 I35 in Pearsall, Texas, and 17255 S I35 in Dilley, Texas, with the specific details of each site to be confirmed by buyers during due diligence.

    This configuration can fit an operator or investor looking for an established automotive wash setup that combines an automated tunnel component with self-serve revenue opportunities. The mix of equipment also supports servicing different customer preferences within the same site, while the ground-lease structure should be reviewed closely as part of the investment decision.
    Property Profile Location Intelligence

    Current Use by Public Records

    Self service car ...

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    George West
    County
    Live Oak
    State
    Texas
    Longitude
    -98.11702
    Latitude
    28.331458

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    FAQs

    What type of property is this?
    Self service car wash - Operate a ground-lease car wash with a modern 2018 tunnel system plus self-serve bays and vacuums.
    Where is this self service car wash located?
    The property is located at 505 Nueces Street George West, TX.
    What is the asking price?
    The asking price for this property is $197,250.
    What are key features of this property?
    This property features: Car wash business for sale on a ground lease; sold as a portfolio with 130 I35, Pearsall, TX and 17255 S I35, Dilley, TX; 2018‑built property with brick construction, concrete flooring, and a metal roof; Includes one 35' in‑bay tunnel with Ryko Softgloss Maxx NCS installed in 2018
    (972) 886-8357
    We can help!
    Listing Contact
    Melissa Croll
    Melissa Croll
    Real Estate License ID: 9004811
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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