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Property summary
This property is a single-story masonry car wash building constructed in 2003, arranged as a purpose-built facility for car wash use. The site provides surface parking configured for drive-around circulation to support vehicle ingress and egress during high-use periods. It has direct road frontage on the north side of China Spring Rd (SH1637) near the intersection with Saddle Creek Rd, with the west boundary along Granada Dr. The surrounding area consists primarily of mixed retail and service uses, including restaurants, a tobacco shop, auto detailing, and insurance offices, with a residential subdivision to the north along Valencia Dr. The property is zoned C3, which provides for automotive-focused retail and service activity consistent with its site design and visibility.
Property profile
VerifiedCap rate & NOI
Current use
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Car Wash
Location
Value estimations
Owner & transaction history
Zoning & alternative use
General Commercial C-3 Business and retail developments on major traffic arteries; print shops, auto sales & repair, self storage warehouses, etc. Central Commercial C-4 Mixed use district, no height limit, providing res…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Derived from the Waco market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
C-3 · Waco, TXGeneral Commercial C-3 Business and retail developments on major traffic arteries; print shops, auto sales & repair, self storage warehouses, etc. Central Commercial C-4 Mixed use district, no height limit, providing res…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
General Commercial C-3 Business and retail developments on major traffic arteries; print shops, auto sales & repair, self storage warehouses, etc. Central Commercial C-4 Mixed use district, no height limit, providing res…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-3 in Waco, TX.
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