1621 Avenue J Tahoka, TX 79373
This exceptional investment opportunity presents a thriving laundromat business and its accompanying real estate in Tahoka, Texas. Located at 1621 Ave J, 79373, this single-story building boasts 1,700 square feet situated on a 3,375 square foot lot. The property's convenient location near the city square offers high visibility and accessibility. The laundromat generates a substantial annual income, projected between $12,000 and $15,000. All equipment, excluding games, is included in the sale price of $50,000. The price per square foot is $29.41. The building's versatile design presents potential for alternative retail uses, making it an attractive proposition for both seasoned investors and first-time buyers seeking a turnkey business with strong income potential. The property's prime location and established clientele base ensure a stable return on investment. This is a rare opportunity to acquire a profitable business and valuable real estate in a desirable Texas location. Serious inquiries are encouraged.
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
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.