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Property profile & analytics
OFF-MARKET Estimated value $395,000
Car washes

8905 Broadway St Pearland, TX 77584-8445

3,388 SF 1.1 ac lot Built 2016
Entity Owned 10-yr Hold Absentee Owner Free & Clear
Property ID
US82-9417466
Property summary
AI-generated overview

This exceptional owner-user opportunity presents a thriving car wash business in Pearland, Texas. Located at 8905 Broadway St, this 2017-built facility sits on a 1.1-acre lot in Brazoria County (zip code 77584). The single-tenant retail property boasts a proven track record of success over seven years, demonstrating consistent growth and profitability. Situated in a high-traffic area with approximately 34,000 vehicles passing daily, the car wash benefits from excellent visibility and a strong customer base. The affluent surrounding neighborhood, with average household incomes exceeding $140,000 within a one-mile radius, ensures a steady stream of clientele. The modern building and infrastructure, resulting from new ground-up development, meet current standards and offer long-term operational efficiency. The car wash industry's inherent resistance to e-commerce further enhances its stability and investment appeal. This property offers significant tax advantages under IRS Code Sections 179 & 168(k), potentially allowing for substantial business expense deductions. The asking price for this turnkey operation is $4,800,000.

Property profile
Verified
Property type Car washes
Use group CAR WASH - AUTOMATED
Year built 2016
Total area 3,388 SF
Lot 1.1 ac (47,999 SF)
APN 0506-0017-001
UPID US82-9417466
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
  • Sparklez Express Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$360k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$395k
Owner & transaction history
SEEKRA REALTY LLC
SEEKRA REALTY LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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