1408 W American Blvd Muleshoe, TX 79347
For Sale
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This exceptional investment opportunity encompasses five established businesses situated on a 1.2-acre lot in Muleshoe, Texas, along Highway 84. The property includes a well-maintained car wash featuring two automatic bays (one installed in 2019) and four manual bays. Recent upgrades to the car wash include a new water softener system, a weep system, updated pay stations, and a recently serviced reverse osmosis (RO) system. Also included is a 100x40 foot fenced RV storage facility, built in 2000, with capacity for up to eight RVs and consistently near 100% occupancy. A separate 32x10 foot building, previously a nail salon, offers flexible space for a variety of uses. Further enhancing the property's income potential are a dog wash station and a water/ice kiosk, the latter installed in 2001 and recently updated with a water softener and RO unit. Completing this comprehensive package are a 12x12 foot office and a 30x40 foot insulated shed. This turnkey operation presents a rare chance to acquire a diverse portfolio of established businesses in a thriving Texas community. The seller is open to selling the car wash separately, providing additional flexibility for potential buyers. This property is ideally suited for an investor seeking a diversified income stream and significant return on investment.
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.
