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Property profile & analytics

506 Junction Hwy Kerrville, TX 78028

  • Commercial real estate
  • 5,448 SF
  • 0.53 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US83-2620203
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Texpress Car Wash / Car Wash
  • Express Wash America / Car Wash

Property Details for 506 Junction Hwy

Year built
1998
Lot size
0.53 lot acres
Property size
5,448 SF
Property type
Commercial real estate
APN
40618
APU
40618

Description

Exceptional opportunity to acquire the established TExpress Car Wash in Kerrville, Texas. This single-story, 5,148 square foot facility sits on a 0.53-acre lot at 506 Junction Hwy, 78028, a prime location on a major arterial road. The property boasts nearly 1,360 unlimited wash club members, providing a strong existing customer base. In 2023, revenues approached $640,000, with EBITDA exceeding 60% of sales, demonstrating significant profitability. The car wash is equipped with state-of-the-art technology, minimizing operational challenges. This turnkey operation benefits from its position in a high-traffic retail corridor, surrounded by major brands like Walmart, H-E-B, and numerous fast-food restaurants. The absence of competing national car wash brands presents a unique opportunity for market dominance in Kerrville. This is a rare chance to acquire a profitable, established business with low barriers to entry and significant growth potential. The asking price is $2,149,000, with a price per square foot of $417.44. The property features 5,148 square feet of air rights.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $460,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $851,000
    Market price range: $258k - $911k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Kerrville
County
Kerr
State
Texas
Longitude
-99.1556
Latitude
30.0555
CBSA code
28500
CBSA name
KERRVILLE, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$15,049
$175,493
$634,472
$809,965
-
$175,493
$634,472
$809,965
More about this property
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