9621 Fm 1283 Lakehills, TX 78063
This exceptional investment opportunity presents a thriving, self-service car wash and laundromat located at 9621 FM 1283 in Lakehills, Texas, 78063. The property boasts a substantial 32,234 square feet on a 0.74-acre lot, offering significant potential for growth. Built in 2014, the facility includes a three-star rated car wash and a 504 square foot laundromat building. The property enjoys a prime location just off FM-1283, providing convenient access for customers. Situated outside city limits in Bandera County, this location offers operational advantages. The property's strong financial performance is highlighted by a 9.56% capitalization rate and a net operating income (NOI) of $43,000. The asking price is $450,000. The property is zoned OCL. Simple value-add opportunities exist through the addition of credit card readers and expansion of the laundromat business. This turnkey operation presents a compelling investment opportunity with significant upside potential. The property is approximately a 50-minute drive from San Antonio, offering access to a larger customer base. This is a rare chance to acquire a well-established and profitable business in a desirable location.
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
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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.