Technical
Financial
Distress signals
Property profile

5438 N Fry Rd Katy, TX 77449

FOR SALE
Car washes
Property ID
US82-2803441
11,202 SF 1.1 ac lot Built 2005
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 7,462 square foot car wash, built in 2005, is situated on a substantial 47,999 square foot lot in Katy, Texas, within Harris County (zip code 77449). The property, currently offered for sale by owner at $2,850,000 ($381.94 per square foot), presents a compelling investment opportunity. The single-story building boasts a successful operational history, offering auto detailing and a range of additional services. Its prime location benefits from high traffic volume and proximity to numerous retail establishments, creating a strong customer base. The business enjoys a special tax advantage, further enhancing its financial appeal. This turnkey operation is ready for a new owner to capitalize on its established success and strong market position. The property's location at 5438 N Fry Rd, Katy, TX offers excellent visibility and accessibility. This is a rare opportunity to acquire a profitable, established business in a thriving retail area. The property's size and location make it ideal for continued growth and expansion.

Property profile

Verified
Property type Car washes
Use group CAR WASH - AUTOMATED
Year built 2005
Construction CONCRETE BLOCKS
Total area 11,202 SF
Lot 1.1 ac (47,999 SF)
APN 1279240010001
UPID US82-2803441

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
  • Title Company
  • Car Wash
  • Title Company
  • Restaurant Take-out & Catering

Location

5438 N Fry Rd Katy, TX 77449
Katy metro Census 542105 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$325k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$390k

Owner & transaction history

since 2020
3 recorded transactions
2020
Price N/A
2012
Price N/A
2012
$560,000

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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