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Property profile & analytics
OFF-MARKET Estimated value $2,525,000
Car washes

2480 Tracy Blvd Tracy, CA 95376-1715

10,725 SF 1.05 ac lot Built 1996
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-1966936
Property summary
AI-generated overview

This exceptional investment opportunity presents a thriving, full-service and express car wash, gas station, and auto detailing center located at 2480 N Tracy Blvd, Tracy, CA 95376. The property, built in 1996 and extensively renovated in 2023, sits on a substantial 45,825 square foot lot (APN: 214-490-020-000) and encompasses 10,725 square feet of building space. The car wash boasts state-of-the-art, automated equipment, offering both express and full-service options, along with a busy auto detailing center. A coffee shop is currently under renovation, poised to generate additional revenue streams. The strategic location near a major intersection sees over 21,000 vehicles daily, benefiting from a population exceeding 102,000 and over 30,000 daytime employees within a 5-mile radius. Proximity to McKinley Village Shopping Mall and I-205 further enhances its visibility and accessibility. The property also includes a Valvoline oil change business generating approximately $126,000 in annual rental income (not included in the $9,900,000 asking price for the entire property). The business alone is available for $4.9 million. This turnkey operation offers significant potential for growth and increased profitability through the addition of customer-favorite snacks and food items to the coffee shop.

Property profile
Verified
Property type Car washes
Use group CAR WASH
Year built 1996
Total area 10,725 SF
Lot 1.05 ac (45,833 SF)
Zoning code 47
APN 214-490-020-000
UPID US09-1966936
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
  • Golden Gate Ship Supply Shipping Company Freight Service
  • Tracy Handwash Detail & Lube Car Wash
  • Valvoline Instant Oil Change Auto Repair Shop
  • Tracy Express Car Wash and Detail Center Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.37M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.73M
Blend (final) Blend
$2.53M
Owner & transaction history
Greengate Car Wash And Lube LLC · 5 yrs held
Greengate Car Wash And Lube LLC
since 2021
Last sale
$2.7M
7 recorded transactions
2023
Price N/A
2021
$2.7M
2019
Price N/A
2006
$5.4M
1996
$347,500
1996
Price N/A
1993
$250,000
Zoning & alternative use
47 · Tracy, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $3.0M +79.4%
Office building $2.7M +62.7%
Industrial (general) $2.5M +49.9%
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