1101 Cleveland Ave, Rotan, TX 79546-2103
This 800-square-foot industrial property in Rotan, Texas, sits on a sizable 0.32-acre corner lot. The building features two covered car wash bays and one uncovered area suitable for truck washing. Each bay is equipped with floor drains for efficient water management. While the electrical service is currently disconnected, water service is active and ready for use. A significant advantage is the inclusion of all existing car wash equipment and hardware as part of the sale, offering immediate operational potential. The property is unrestricted, providing flexibility for a variety of uses. Buyers could revitalize the existing car wash operation, establish an automotive repair shop, or utilize the covered bays for personal storage or parking. The ample space and existing infrastructure present a unique opportunity for entrepreneurs and investors alike to tailor the property to their specific needs. The asking price is $20,000, making this a potentially lucrative investment in a versatile commercial space. The property's location in Rotan offers accessibility and visibility, further enhancing its appeal. This is a rare opportunity to acquire a ready-to-develop commercial property at an attractive price point.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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.