6611 Stewart Rd Galveston, TX 77551-1893
This exceptional commercial property, located at 6611 Stewart Rd in Galveston, TX, offers a unique investment opportunity. Situated on nearly an acre (39,945 sq ft) of prime Stewart Road frontage, this well-established coin-operated car wash boasts 10,146 square feet of space across one single-story building. The property includes six units, each featuring offices, a bathroom, and workshop areas. One unit even includes living quarters. The car wash itself features eight bays and nine vacuums. The asking price is $1,250,000, translating to $123.20 per square foot and $208,333.33 per unit. Built in 1975, this multi-tenant property benefits from its strategic location near Moody Gardens, Schlitterbahn, and other local attractions, ensuring high visibility and consistent traffic flow. Its versatile nature allows for various business operations, making it an ideal investment for expansion or a new venture. This property presents a rare chance to establish a presence in a highly sought-after Galveston location. The property's diverse functionality, combined with its prime location and established business, makes it a compelling investment opportunity.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2018Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.