6904 Farm To Market Rd Magnolia, TX 77354
- Specialty properties
- 1,250 SF
Current Use by Public Records
- Specialty properties
Property Details for 6904 Farm To Market Rd
- Year built
- 1987
- Property size
- 1,250 SF
- Property type
- Specialty properties
- Property subtype
- Car washes
Description
This exceptional investment opportunity presents a thriving car wash and lube business located at 6904 Farm to Market Rd 1488, Magnolia, TX 77354, in Montgomery County. The property encompasses a 1,250 square foot building constructed in 1987, situated on a 15,320 square foot lot. The asking price is $600,000, translating to $480 per square foot. The existing two-bay lube building is sold complete with tools and equipment. Seller financing is available. This turnkey operation benefits from an established express car wash, attracting approximately 15,000 vehicles monthly, providing a ready-made customer base for the lube business and significant cross-selling potential. The property enjoys a prime location on the only east-west connector road in Central Montgomery County, offering immediate access to The Woodlands, Magnolia, and the SH 249 Extension (currently under construction). The area boasts strong retail synergy, with nearby establishments including Kroger, Target, PetSmart, Walgreens, McDonald's, Jack in the Box, and Raising Cane's Chicken Fingers. Importantly, there are no city or MUD taxes. This high-traffic location, coupled with the existing car wash's substantial customer volume, presents a compelling investment opportunity with significant growth potential. Benchmark data suggests a fast lube at a car wash site can achieve car counts equivalent to approximately 25% of the wash sales volume. This property offers a unique blend of established business and prime location, making it an attractive proposition for savvy investors.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Magnolia
- County
- Montgomery
- State
- Texas
- Longitude
- -95.5703
- Latitude
- 30.2214