737-309-2835
10215 China Spring Rd, Waco, TX for Sale
Car Washes - FOR SALE
1/3
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10215 China Spring Rd
Waco, TX 76708


OVERVIEW

STARTING BID: $200,000 BIDDING DATES: MARCH 10-13, 2025 INVESTMENT HIGHLIGHTS ±14,000 Vehicles Per Day – The property experiences a high volume of daily vehicular traffic, offering excellent visibility from the road. Its convenient accessibility ensures efficient customer service, catering to the needs of clients promptly and effectively. 90-Foot Sonny’s Mini Tunnel – As express car washes dominate the industry, the equipment deployed at this property has revolutionized space utilization within the facility. By maximizing throughput capabilities, it efficiently washes up to ten times more vehicles, enhancing operational efficiency and meeting the demands of a fast-paced market. Brand New Equipment Installed in 2023 – Recent investments exceeding $180,000 have bolstered this property with state-of-the-art equipment installed within the past year. The enhancement significantly mitigates risk, as it addresses the critical equipment requirements essential for operating a thriving car wash operation. 4 Self Service Bays – The inclusion of four self-service bays empowers customers to personally attend to their vehicle’s cleaning needs, catering to individuals who prioritize a hands-on approach and prefer avoiding the potential drawbacks associated with automated express wash tunnels. Excellent Location Less Than 10 minutes Away from Baylor University – Benefitting from its proximity to Baylor University, located just under ±10 minutes away, this property anticipates robust business during the vibrant fall and spring seasons. With significant influx of students and visitors to Waco, these periods promise heightened foot traffic and increased customer engagement, presenting a prime opportunity for sustained growth. Nearing 5% Growth Since Last Reported Census – Waco has experienced a consistent growth trajectory over the past five years. This trend is poised to continue as the city expands its infrastructure and attracts new residents and businesses. This upward trajectory positions Waco as a dynamic hub for economic development and community expansion in the foreseeable future.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cougar Ridge Car Wash

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

1.91 AC

LAND SF

83,200 SF

ZONING

C-3

APN/PARCEL ID

18-021003-000200-0

ASK ABOUT THIS PROPERTY

Dillon MataMatthews Real Estate Investment ServicesMore Info
737-309-2835

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Dillon MataMatthews Real Estate Investment ServicesMore Info
737-309-2835

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.