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Property profile & analytics
OFF-MARKET Estimated value $570,000
Car washes

200 Speer St Azle, TX 76020-2923

4,610 SF 0.7 ac lot Built 2008
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US83-3840087
Property summary
AI-generated overview

Exceptional investment opportunity featuring two established car washes in Azle, Texas. This 9,300 square foot property sits on a 1.26-acre lot and includes a flex tunnel wash and a self-service wash, offering diverse revenue streams. The flex tunnel wash boasts a MacNeil Conveyor, a 130-foot tunnel, and two Sonny's Hydraulic Power Packs. A powerful SuperVac 20hp system enhances cleaning efficiency. The adjacent self-service wash complements the operation with coin-operated vacuum systems. Built in 2007, this dual-building property (two buildings, two units) presents a unique chance to acquire two thriving businesses under one ownership. The convenient side-by-side location streamlines management and maximizes operational efficiency. The property's address is 200 Speer St, Azle, TX 76020, with additional land at 150 Speer St. This turnkey operation is ready for a new owner to capitalize on its established success and strong potential for future growth. The Tax Parcel Numbers are R000016361 & R000071227.

Property profile
Verified
Property type Car washes
Use group CAR WASH
Year built 2008
Total area 4,610 SF
Lot 0.7 ac (30,492 SF)
APN 14500-001-008-00
UPID US83-3840087
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Azle Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$400k
CAP Approach CAP
by Request
Comparable Approach Comparable
$738k
Blend (final) Blend
$570k
Owner & transaction history
Chonsky Car Care LLC · 7 yrs held
Chonsky Car Care LLC
since 2018
6 recorded transactions
2018
Price N/A
2016
Price N/A
2015
Price N/A
2007
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $850,000 +38.7%
Commercial (general) $770,000 +26.1%
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