2480 Tracy Blvd Tracy, CA 95376
- Car washes
- 10,725 SF
- 1.05 lot acres
Current Use by Public Records
- Golden Gate Ship Supply / Shipping Service
- Tracy Handwash Detail & Lube / Car Wash / Oil Change Service
- Valvoline Instant Oil Change / Oil Change Service / Car Battery Store
- Tracy Express Car Wash and Detail Center / Car Wash / Car Detailing Service
Property Details for 2480 Tracy Blvd
- Year built
- 1996
- Lot size
- 1.05 lot acres
- Property size
- 10,725 SF
- Zone code
- 47
- Property type
- Car washes
- APN
- 214-490-020-000
- APU
- 214490020000
Description
This exceptional investment opportunity presents a thriving, full-service and express car wash, gas station, and auto detailing center located at 2480 N Tracy Blvd, Tracy, CA 95376. The property, built in 1996 and extensively renovated in 2023, sits on a substantial 45,825 square foot lot (APN: 214-490-020-000) and encompasses 10,725 square feet of building space. The car wash boasts state-of-the-art, automated equipment, offering both express and full-service options, along with a busy auto detailing center. A coffee shop is currently under renovation, poised to generate additional revenue streams. The strategic location near a major intersection sees over 21,000 vehicles daily, benefiting from a population exceeding 102,000 and over 30,000 daytime employees within a 5-mile radius. Proximity to McKinley Village Shopping Mall and I-205 further enhances its visibility and accessibility. The property also includes a Valvoline oil change business generating approximately $126,000 in annual rental income (not included in the $9,900,000 asking price for the entire property). The business alone is available for $4.9 million. This turnkey operation offers significant potential for growth and increased profitability through the addition of customer-favorite snacks and food items to the coffee shop.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,385,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,595,000
- 6.5%
- $2,780,000
- 7%
- $2,600,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,025,000
- Geo Method
- $2,440,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,705,000
- Retail
- $2,895,000
- Mixed-Use
- $2,480,000
- Hospitality
- $3,350,000
- Educational
- $3,125,000
- Residential Income
- $2,575,000
- Energy
- $3,365,000
- Income-Based Land
- $2,410,000
- Food Service
- $3,120,000
Location Insight
- Map
- Local Demand
- City
- Tracy
- County
- San Joaquin
- State
- California
- Longitude
- -121.434
- Latitude
- 37.755
- CBSA code
- 44700
- CBSA name
- STOCKTON, CA METROPOLITAN STATISTICAL AREA