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    3620 23Rd Ln McAllen, TX 78501

    Sponsored
    For Sale
    $950,000

    Prime McAllen location, income-producing car wash.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a thriving, established auto spa car wash business located at 3620 N 23rd Lane, McAllen, Texas, 78501. Built in 2009, this property boasts a prime location just south of Nolana Avenue off 23rd Street, ensuring high visibility and significant traffic flow. The asking price is $950,000. The property encompasses 13,939.2 square feet of land and includes two separate commercial buildings, currently operating independently as distinct businesses. This listing specifically focuses on the sale of the established and profitable car wash operation. The car wash is positioned to generate substantial income due to its strategic location and existing clientele. This turnkey business offers a rare chance to acquire a well-established, income-producing asset in a high-demand area of McAllen. The property's classification includes both Commercial and Executive Office subtypes, reflecting its versatile potential. This is a remarkable opportunity for investors seeking a proven, profitable venture in the vibrant McAllen market. Serious inquiries are encouraged to explore this exceptional investment opportunity further. The property is zoned for commercial use and offers significant potential for continued growth and profitability. The Hidalgo County location provides easy access to major transportation routes and a strong local economy.

    Property Features for 3620 23Rd Ln

    General Information

    Property type
    Office Properties & Spaces

    Building Details

    Year Built
    2009

    HighLights

    • Established auto spa car wash business for sale at 3620 N 23rd Lane, McAllen, TX 78501.
    • Asking price: $950,000.
    • 13,939.2 sq ft lot with two commercial buildings.
    • Prime location south of Nolana Avenue, offering high visibility and traffic.
    • Turnkey operation with substantial income potential and existing clientele.
    • Zoned commercial; offers significant growth potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    McAllen
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.2404733
    Latitude
    26.2383485

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    FAQs

    What type of property is this?
    Office Property / Space - Prime McAllen location, income-producing car wash.
    Where is this office property / space located?
    The property is located at 3620 23Rd Ln McAllen, TX.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: Established auto spa car wash business for sale at 3620 N 23rd Lane, McAllen, TX 78501.; Asking price: $950,000.; 13,939.2 sq ft lot with two commercial buildings.
    Request Owner's contact information
    3620 23Rd Ln McAllen, TX 78501
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    McAllen, TX 78501
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    3620 23Rd Ln McAllen, TX 78501
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