Property summary
This fully operational car wash in Lubbock, Texas presents a unique owner-user opportunity. The 2,961 square foot facility, situated on a 0.42-acre lot (APN R67738), boasts eight wash bays and vacuum stations, operating 24/7 with a starting wash price of $1.50. Built in 1974 and extensively renovated in 2023, the property includes recent upgrades such as new hoses, wands, foam brushes, and troughs. Pumps and valves have been serviced, and four vacuums have been rebuilt. Customers can pay via cash or credit card, with a credit card system installed in 2023. Additional revenue streams are generated through a vending machine offering towels, air fresheners, tire shine, and Armor All. The property is zoned AC (Auto-Urban Commercial) and benefits from desirable tax advantages under IRS codes 179 & 168(K) – consult your tax advisor for details. This established business offers a steady income stream and significant potential for growth. The asking price is $449,000 ($151.64/sq ft). Located at 4907 Avenue P, Lubbock, TX 79412.
Property profile
VerifiedCap rate & NOI
Current use
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Car Wash
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning