3620 23Rd Ln McAllen, TX 78501
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.