Technical
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Property profile

1621 Avenue J Tahoka, TX 79373

OFF-MARKET
Specialty properties
1,700 SF
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Specialty properties
Total area 1,700 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1621 Avenue J Tahoka, TX 79373
Tahoka metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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