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    Car Wash on 1.0-Acre Lot Title is generated by Realmo AI

    547 E Orange Ave, Orange Grove, TX 78372

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    For Sale
    $494,000

    Self-service car wash with expansion potential on high-traffic highway.

    Property size:
    14,740 SF
    Lot size:
    1.00 Acre
    Price / SF:
    $33/SF
    Added:
    Jul 15, 2025
    Days on Market:
    316
    Last Refresh:
    May 25 at 1:27 pm

    Property Features for 547 E Orange Ave

    General Information

    Standard status
    Active
    Size
    14,740 SF
    Lot size
    1.00 Acre

    We can help!

    Listing Contact
    Jordan Huber

    Listing agent Jordan Huber License #0737621

    Listing office Phillips & Associates Realty

    Listing date Jul 15, 2025

    Source Exprealty

    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 Phillips & Associates Realty

    HighLights

    • High‑visibility location on State Highway 624 with over 6,000 vehicles daily traffic count.
    • Spacious 1.0‑acre lot with three access points for easy traffic flow.
    • Existing self‑service car wash with multiple wash bays and vacuum stations.
    • Equipment conveys with the sale.
    • Office space on‑site suitable for management or conversion to retail/service.
    • City water, sewer, and electricity are already connected.

    Overview

    This property features a self-service car wash on a 1.0-acre lot. The location offers high visibility along State Highway 624, which sees a daily traffic count of over 6,000 vehicles (TxDOT 2023). The site has multiple wash bays, vacuum stations, and an office space that could be used for on-site management or converted into a retail or service area. Equipment is included in the sale. City water, sewer, and electricity are connected. The property has three access points. There is space on the lot for expansion, such as adding an automatic wash bay, detail center, or additional commercial use. Current signage generates supplemental income.
    Location Intelligence

    Current Use by Public Records

    Chaps Super Wash Car Wash

    Suggested Use

    Real Estate Agency Spa & Massage Center Dental Office Restaurant Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy Big Box & Wholesale Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Orange Grove
    County
    Jim Wells
    State
    Texas
    Longitude
    -97.94105
    Latitude
    27.95919

    Nearby Similar for Sale

    • $494,000
      14,740 SF

      Self-Service Car Wash Investment

      Car wash on 1 acre with high traffic visibility.
      547 E Orange Avenue, Orange Grove, TX 78372
      View Details
    • $145,000
      1,500 SF

      High-Traffic Commercial Property in Orange Grove

      Versatile commercial space on a high-traffic street, ideal for laundromat.
      415 E Orange Avenue, Orange Grove, TX 78372
      View Details

    FAQs

    What type of property is this?
    Self service car wash - Self-service car wash with expansion potential on high-traffic highway.
    Where is this self service car wash located?
    The property is located at 547 E Orange Ave Orange Grove, TX.
    What is the asking price?
    The asking price for this property is $494,000.
    What are key features of this property?
    This property features: High‑visibility location on State Highway 624 with over 6,000 vehicles daily traffic count.; Spacious 1.0‑acre lot with three access points for easy traffic flow.; Existing self‑service car wash with multiple wash bays and vacuum stations.
    (361) 446-1130
    We can help!
    Listing Contact
    Jordan Huber
    Real Estate License ID: 0737621
    Learn More
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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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