4907 Avenue P Lubbock, TX 79412
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.
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25¢ Car Wash Car Wash
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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