Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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