Technical
Financial
Distress signals
Property profile

2480 Tracy Blvd Tracy, CA 95376

OFF-MARKET
Car washes
Property ID
US09-1966936
10,725 SF 1.05 ac lot Built 1996
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Shipping Company Freight Service
  • Car Wash
  • Auto Repair Shop
  • Car Wash

Location

2480 Tracy Blvd Tracy, CA 95376-1715
Tracy metro Census 5311 STOCKTON, CA METROPOLITAN STATISTICAL AREA
Google Maps

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

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
Top alternative use upside
Restaurant $3.0M +79.4%
Office building $2.7M +62.7%
Industrial (general) $2.5M +49.9%

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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