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Property profile & analytics
OFF-MARKET
Office Spaces

3620 23Rd Ln McAllen, TX 78501

Built 2009
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Office Spaces
Year built 2009
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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