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10215 China Spring Rd - Cougar Ridge Car Wash 4,500 SF Specialty Building Offered at $884,548 CAD in Waco, TX 76708
Investment Highlights
- The wash went through a $250K extensive renovation 2023 converting the tunnel equipment to WashWorld Razor Edge Laser Wash Equipment
- Relocated and refurbished Hamilton HTK Paystation, Installed new water filtration system for the laser equipment, new CC readers for self-serve bays
- 5 Free Vacuums with new motor in 2023, 1 Quarter-Operated Vacuum, 4 Self-Serve Wash Bays with hose lines replaced in 2023
- Highly visible on China Spring Rd with 16,300 VPD.
Executive Summary
This turnkey car wash features a fully upgraded WashWorld Razor Edge laser wash system, 4 self-serve bays, and 5 free vacuums. Acquired in April 2021 and extensively renovated in 2023 with over $250,000 in improvements, the wash is now a modern, low-maintenance operation. Located on a high-visibility road with 16,000 VPD in a rapidly developing area with nearby retail, the site is well-positioned for long-term value appreciation. This is an ideal opportunity for an owner-user to step in and capitalize on significant upside potential from an absentee owner.
Property Facts
| Price | $884,548 CAD | Lot Size | 0.51 AC |
| Price Per SF | $196.57 CAD | Building Size | 4,500 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Specialty | Year Built/Renovated | 2003/2023 |
| Property Subtype | Car Wash | Parking Ratio | 3.33/1,000 SF |
| Building Class | C | ||
| Zoning | C-3 - Commercial | ||
| Price | $884,548 CAD |
| Price Per SF | $196.57 CAD |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 0.51 AC |
| Building Size | 4,500 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2003/2023 |
| Parking Ratio | 3.33/1,000 SF |
| Zoning | C-3 - Commercial |
Amenities
- Signage
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Property Taxes
| Parcel Number | 18-021003-000200-0 | Improvements Assessment | $348,254 CAD |
| Land Assessment | $286,868 CAD | Total Assessment | $635,122 CAD |
Property Taxes
Parcel Number
18-021003-000200-0
Land Assessment
$286,868 CAD
Improvements Assessment
$348,254 CAD
Total Assessment
$635,122 CAD
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10215 China Spring Rd - Cougar Ridge Car Wash
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