Property profile

2020 Pecos St San Angelo, TX 76901

OFF-MARKET
Retail space
Property ID
US82-7341952
2,340 SF 0.23 ac lot Built 2008
Individually Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a well-established car wash and laundry business located at 2020 Pecos St, San Angelo, TX 76901. The property encompasses a substantial 69-acre lot and features two buildings totaling 2,340 square feet of net rentable space. Built in 1959 and renovated in 2008, the car wash boasts four self-service bays, each equipped with high-pressure hoses, foaming brushes, and diverse cleaning options. A separate building houses a 24-hour coin-operated laundry facility, providing a consistent revenue stream. This turnkey operation is priced at $400,000 and qualifies for cost segregation tax deductions, enhancing its financial appeal. San Angelo's thriving community, bolstered by Angelo State University and attractions like San Angelo State Park and Fort Concho National Historic Landmark, ensures a robust customer base. The city's steady growth and convenient location near Sunset Mall and downtown San Angelo further contribute to the property's strong investment potential. This is a rare chance to acquire a profitable, established business in a desirable Texas location. The property's size and existing infrastructure offer significant upside potential for expansion or further development. The business benefits from its location in Tom Green County, the county seat of San Angelo, a city with a population of approximately 100,000.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2008
Total area 2,340 SF
Lot 0.23 ac (9,845 SF)
APN 14-26400-0003-010-00
UPID US82-7341952

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Wash

Location

2020 Pecos St San Angelo, TX 76901-3104
San Angelo metro Census 1102 SAN ANGELO, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2022
1 recorded transaction
2022
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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