2806 Richmond Road

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2806 Richmond Road

Texarkana, TX 75503
Asking Price
$150K
Asset Type
Car Wash Special-purpose
Class
Class B

What's Special

ABSOLUTE $1 AUCTION | Former Zips Car Wash | 29K VPD | $104K Avg HH Income | AUCTION AUGUST 3-5 <ul><li>​ABSOLUTE $1 AUCTION | Former Zips Car Wash | 29K VPD | $104K Avg HH Income | AUCTION AUGUST 3-5</li><li>​<span style="color: rgba(74, 74, 74, 1)">3,216 SF Car Wash Facility featuring an Automatic Tunnel and Separate Vacuum Bays on 0.46 Acres</span></li><li>​<span style="color: rgba(74, 74, 74, 1)">±29,101 VPD Traffic Counts on Richmond Rd, 1-Block from Sam’s Club, and only 1-Mile to I-30 (+72K VPD)</span></li><li>​<span style="color: rgba(74, 74, 74, 1)">Exceptional Real Estate Value |

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NOI
$80,000
Cap Rate
53.33%
DSCR
8.98
Strong
Cash-on-Cash
157.99%
Monthly Payment
$742.118
Annual Cash Flow
$71,094.582

Location & Travel Times