550 N Judge Ely Boulevard Abilene, TX 79601
For Sale
$799,900
Self service car washes
Property Size3,036 SF
Price / SF$263.47
Days on Market51
Property Features for 550 N Judge Ely Boulevard
General Information
- Standard status
- Active
- Size
- 3,036 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1982
Listing Agency:
Tommy Simons (office)
(325) 721-8800
Listed By:
Tommy Simons · License #0583499
(325) 721-8800
Source:
Signaturere
Added: Jun 4
Changed: Jul 10
Last Checked: Jul 23 at 6:32AM
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 Tommy Simons (office)
Investment Insights
Based on property information with market context.
Key Highlights
- Self‑service car wash site built in 1982
- Available for sale or lease with build‑to‑suit options
- Located on a major thoroughfare with steady daily traffic
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 | $43.7k | $14.40 |
| − Vacancy | −$3.3k | −$1.08 |
| EGI | $40.4k | $13.32 |
| − OpEx | −$10.1k | −$3.33 |
| NOI | $30.3k | $9.99 |
3,036 SF · lease $14.40/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$433.3K
$379.1K – $505.5K
NOI $30,330 @ 7.0% cap · market cap 3.79%
Second Best
Retail
$368.7K
$322.6K – $430.1K
NOI $25,808 @ 7.0% cap · market cap 3.23%
Theoretical Best
Office A
$677.8K
$593.1K – $790.8K
NOI $47,449 @ 7.0% cap · market cap 5.93%
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 ...
FAQs
Where is this self service car wash located?
The property is located at 550 N Judge Ely Boulevard Abilene, TX.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Self‑service car wash site built in 1982; Available for sale or lease with build‑to‑suit options; Located on a major thoroughfare with steady daily traffic
